BAIN CAPITAL COMPLETES ACQUISITION OF ENVESTNET
BAIN CAPITAL COMPLETES ACQUISITION OF ENVESTNET
With Transaction supports industry-leading wealth technology platform's next chapter as a private company
作为一家私人公司，此交易支持行业领先的财富科技平台迈向下一个阶段
BERWYN, Pa., Nov. 25, 2024 /PRNewswire/ -- Envestnet, Inc. (the "Company" or "Envestnet"), a leading provider of integrated technology, intelligent data and wealth solutions, today announced the close of its acquisition by affiliates of vehicles managed or advised by Bain Capital at $63.15 per share, representing a transaction value of approximately $4.5 billion.
宾夕法尼亚州波宾，2024年11月25日 / PRNewswire / - envestnet公司（以下简称"公司"或"envestnet"），一家提供综合科技、智能数据和财富解决方案的领先提供商，今天宣布由Bain Capital的关联公司以每股63.15美元的价格收购，交易价值约为45亿美元。
Reverence Capital and Norwest also participated in the transaction. In addition, strategic partners BlackRock, Fidelity Investments, Franklin Templeton, and State Street Global Advisors, who hold minority positions in the private company, participated in the transaction.
Reverence Capital和Norwest也参与了此交易。此外，战略合作伙伴BlackRock、Fidelity Investments、Franklin Templeton和State Street Global Advisors，在私营公司中持有少数股份，也参与了此次交易。
With $6.5 trillion in platform assets, more than 20 million accounts and serving more than 111,000 financial advisors, Envestnet is transforming the way advice is delivered through its ecosystem of connected technology, advanced insights, and comprehensive solutions, to help financial advisors drive business growth, productivity, and deliver better outcomes for their clients.
拥有6.5万亿美元的平台资产，超过2000万账户，为超过111,000名财务顾问提供服务，envestnet正在通过其连接科技、高级见解和综合解决方案构建生态系统，改变交付建议的方式，帮助财务顾问推动业务增长、提高生产力，并为客户提供更好的成果。
"This represents an exciting new chapter in Envestnet's history, paving the way for accelerated growth and building on our position as a leading wealth management platform in the industry," said Jim Fox, Board Chair and Interim CEO for Envestnet.
"这代表了envestnet历史上一个激动人心的新篇章，为加快增长打下基础，并在行业中巩固我们作为主要财富管理平台的地位，" envestnet的董事长兼代理首席执行官吉姆·福克斯表示。
Tom Sipp, EVP for Envestnet added, "Together with Bain Capital, Envestnet will continue to deliver on its mission, empowering firms and advisors with the wealth technology and solutions to holistically serve their clients."
envestnet执行副总裁汤姆·希普补充说："与Bain Capital一起，envestnet将继续实现其使命，为公司和顾问提供财富科技和解决方案，全面为客户服务。
Envestnet's common stock will no longer be publicly listed on the New York Stock Exchange, and Envestnet will continue operations as a privately held company.
envestnet的普通股将不再在纽约证券交易所上市，envestnet将继续作为一家私有公司运营。
Advisors
顾问
Morgan Stanley & Co. LLC acted as exclusive financial advisor, and Paul, Weiss, Rifkind, Wharton & Garrison LLP acted as legal counsel to Envestnet.
摩根士丹利及其子公司LLC担任独家财务顾问，而Paul，Weiss，Rifkind，Wharton及Garrison LLP担任envestnet的法律顾问。
J.P. Morgan Securities LLC acted as lead financial advisor, and Ropes & Gray LLP acted as legal counsel to Bain Capital.
J.P.摩根证券有限责任公司担任首席财务顾问，而Ropes＆Gray LLP担任Bain Capital的法律顾问。
About Envestnet
关于 Envestnet
Envestnet is helping to lead the growth of wealth managers and transforming the way financial advice is delivered through its ecosystem of connected technology, advanced insights, and comprehensive solutions – backed by industry-leading service and support. Serving the wealth management industry for 25 years with more than $6.5 trillion in platform assets—more than 111,000 advisors, 17 of the 20 largest U.S. banks, 48 of the 50 largest wealth management and brokerage firms, more than 500 of the largest RIAs -- thousands of companies, depend on Envestnet technology and services to help drive business growth and productivity, and better outcomes for their clients. Data as of 9/30/24.
Envestnet正在帮助引领财富管理者的增长，并通过其连接的科技生态系统、先进见解和全面解决方案改变了提供财务建议的方式，受到行业领先的服务和支持的支持。 25年来为财富管理行业提供支持，平台资产超过6.5万亿美元—超过11.1万名顾问，美国20家最大的银行中的17家，50家最大的财富管理和券商公司中的48家，500多家最大的RIA公司——成千上万家公司依赖Envestnet的技术和服务来帮助推动业务增长和生产力，为客户提供更好的结果。 截至2024年9月30日的数据。
About Bain Capital
关于贝恩资本
Bain Capital, LP is one of the world's leading private multi-asset alternative 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, life sciences, insurance and other strategic areas of focus. The firm has offices on four continents, more than 1,800 employees and approximately $185 billion in assets under management. To learn more, visit .
Bain Capital，LP是全球领先的私人多资产替代投资公司之一，为我们的投资者、团队、企业和我们所居住的社区创造持久影响。 自1984年成立以来，我们将我们的见解和经验应用于有机扩张到包括股权投资、信贷、公开股票、风险投资、房地产、生命科学、保险和其他战略关注领域在内的多个资产类别。 该公司在四个大洲设有办事处，拥有1800多名员工，管理资产约1850亿美元。 欲了解更多信息，请访问。
About Reverence Capital Partners
Reverence Capital Partners is a private investment firm focused on three complementary strategies: (i) Financial Services-Focused Private Equity, (ii) Opportunistic, Structured Credit, and (iii) Real Estate Solutions. Today, Reverence manages in excess of $10 billion in AUM. Reverence focuses on thematic investing in leading global Financial Services businesses. The firm was founded in 2013, by Milton Berlinski, Peter Aberg and Alex Chulack, after distinguished careers advising and investing in a broad array of financial services businesses. The Partners collectively bring over 100 years of advisory and investing experience across a wide range of Financial Services sectors. To learn more, visit .
关于Reverence Capital Partners
Reverence Capital Partners是一家专注于三种互补策略的私人投资公司：(i)以金融服务为重点的股权投资，(ii)机会主义、结构化信贷和(iii)房地产解决方案。 如今，Reverence管理的资产超过100亿美元。 Reverence专注于在领先的全球金融服务业务中进行主题投资。 该公司成立于2013年，由Milton Berlinski，Peter Aberg和Alex Chulack创立，他们在广泛的金融服务业务咨询和投资中拥有杰出的职业生涯。合作伙伴们共同拥有超过100年的咨询和投资经验，涵盖广泛的金融服务行业。 欲了解更多信息，请访问。
MEDIA CONTACTS:
Amy Norcini
Envestnet
[email protected]
媒体联系人：
Amy Norcini
Envestnet
[email protected]
SOURCE Envestnet, Inc.
来源：Envestnet, Inc。
