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Stock impact report

BAIN CAPITAL COMPLETES ACQUISITION OF ENVESTNET [Yahoo! Finance]

Envestnet, Inc (ENV) 
Last envestnet, inc earnings: 2/20 04:05 pm Check Earnings Report
US:NYSE Investor Relations: investor.envestnet.com/investor-overview
Company Research Source: Yahoo! Finance
per share, representing a transaction value of approximately $4.5 billion. (Source: Envestnet Press Release) This transaction represents an exciting new chapter in Envestnet's history, paving the way for accelerated growth and building on its position as a leading wealth management platform in the industry. (Source: Jim Fox, Board Chair and Interim CEO for Envestnet) Envestnet has $6.5 trillion in platform assets, more than 20 million accounts, and serves more than 111,000 financial advisors, with a presence in 17 of the 20 largest U.S. banks, 48 of the 50 largest wealth management and brokerage firms, and more than 500 of the largest RIAs. (Source: Envestnet Press Release) Reverence Capital and Norwest participated in the transaction, and strategic partners BlackRock, Fidelity Investments, Franklin Templeton, and State Street Global Advisors, who hold minority positions in the private company, also participated. (Source: Envestnet Press Release) Envestnet's common stock will Show less Read more
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