Envestnet Acquired by Bain Capital, Goes Private

An update from Envestnet ( (ENV) ) is now available.

Envestnet, a leading provider of integrated technology and wealth solutions, has been acquired by Bain Capital for approximately $4.5 billion, marking a significant transformation as it becomes a private company. The acquisition, supported by Reverence Capital and Norwest, attracts strategic partners such as BlackRock and Fidelity. Envestnet, with $6.5 trillion in platform assets and over 20 million accounts, aims to enhance its wealth management platform and drive business growth through innovative technology and insights.

See more data about ENV stock on TipRanks’ Stock Analysis page.