BNY completes acquisition of Archer Holdco, LLC to reinforce its leading position in managed account solutions
Acquiring Company
Bank of New York Mellon
Acquired Company
Archer
New YorkBerwynFinancial ServicesFinanceLendingFinancial ServicesFinanceDescription
The Bank of New York Mellon Corporation (BNY) successfully closed the acquisition of Archer Holdco, LLC, a leading technology-enabled service provider of managed account solutions to the asset and wealth management industry. This acquisition strengthens BNY's position as a leading service provider, allowing for fully integrated solutions across the entire managed account lifecycle, benefiting institutional, private wealth, and retail investors.
Quick answer
Bank of New York Mellon is acquiring Archer, announced November 1, 2024. Bank of New York Mellon is based in New York, New York, United States.
- How much did Bank of New York Mellon pay for Archer?
- The deal value was not disclosed.
- What does Bank of New York Mellon do?
- Bank of New York Mellon is a global investments company that provides financial services to institutions, corporations, and individual investors.
- Where are Bank of New York Mellon and Archer based?
- Bank of New York Mellon is based in New York, New York, United States. Archer is based in Berwyn, Pennsylvania, United States.
- Who are the decision-makers at Bank of New York Mellon?
- Fundz holds 2 contacts at Bank of New York Mellon. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at Bank of New York Mellon, and when
When Bank of New York Mellon changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Bank of New York Mellon raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Bank of New York Mellon, from your own LinkedIn network
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Related People
Frequently asked
Who acquired Archer?
Archer was acquired by Bank of New York Mellon, based in New York. The deal was reported on November 1, 2024. Bank of New York Mellon is a global investments company that provides financial services to institutions, corporations, and individual investors. It specializes in investment management and servicing. Bank of New York Mellon is publicly traded (BNY) and operates in Financial Services.
When did Bank of New York Mellon acquire Archer?
Bank of New York Mellon's acquisition of Archer was reported on November 1, 2024. The Bank of New York Mellon Corporation (BNY) successfully closed the acquisition of Archer Holdco, LLC, a leading technology-enabled service provider of managed account solutions to the asset and wealth management industry. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Archer do?
Archer is a technology-enabled service provider that delivers outsourced operations to help investment managers grow through product innovation and cost management. It is privately held, operating in Financial Services, and is based in Berwyn.
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