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The data aggregator is being sold to STG for an undisclosed amount in a deal set to close in the third quarter.
Buy-out giant Bain Capital agreed to buy Envestnet, a wealth management software company, in a deal valued at $4.5 billion and the latest in a flurry of private-equity M&A activity this year.
Envestnet is selling its open finance and data analytics unit Yodlee to private equity firm STG. Financial terms of the deal were not disclosed.
Envestnet, Inc.’s ENV shares have gained 26.7% year to date compared with a 9.1% rise of the industry and an 18.4% increase of the Zacks S&P 500 composite. What’s Behind the Rally ENV put on ...
Envestnet posted total revenue of $312.4 million in the second quarter of 2023, down 2% year over year from $318.9 million, and 0.85% lower than Zacks Equity Research consensus estimates.
If Envestnet has emerged as the leader among the five major players in portfolio management software, it’s not for lack of competition. The rivalry seems to grow more intense every year, ...
Envestnet , a U.S. software vendor with a market value of about $3.5 billion, is exploring options that could include a potential sale after receiving takeover interest, people familiar with the ...
BERWYN, PA — Envestnet‘s Elevate 2025, in Las Vegas, brought together over 2,000 financial advisors, RIAs, enterprise leaders, and fintech experts. The event centered on addressing the ...
Envestnet, Inc. ENV had an impressive run over the past three months. The stock gained 32.5% compared with the 7.2% rally of the industry it belongs to and the 0.7% rise of the Zacks S&P 500 ...
Envestnet, Inc. ENV has had an impressive run in the past month.The stock has gained 12.4%, outperforming the 5.5% rise of the industry it belongs to and the 4.3% growth of the Zacks S&P 500 ...