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Bain Capital to acquire Envestnet, Inc. in $4.5 billion take-private transaction

Bain Capital to acquire Envestnet, Inc. in $4.5 billion take-private transaction

07/11/24, 1:22 PM
Location
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Industry
financial services
Bain Capital has announced a $4.5 billion take-private transaction to acquire Envestnet, Inc., a leading wealth technology platform. The transaction aims to support Envestnet's growth strategy through organic and inorganic initiatives, making further investments in its product offering, and delivering enhanced value to customers and partners.

Company Info

Company
Bain Capital
Location
Boston, Massachusetts, United States
Company info
Bain Capital, LP is one of the world's leading private investment firms that creates lasting impact for our investors, teams, businesses, and the communities in which we live. Since our founding in 1984, we've applied our insight and experience to organically expand into numerous asset classes including private equity, credit, public equity, venture capital, real estate and other strategic areas of focus. The firm has offices on four continents, more than 1,300 employees and approximately $160 billion in assets under management. To learn more, visit www.baincapital.com.
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