The data aggregator is being sold to STG for an undisclosed amount in a deal set to close in the third quarter.

Envestnet, which went private in a sale to Bain Capital last year, announced plans to sell Yodlee, the financial data aggregation subsidiary, to STG, a Menlo Park, Calif.-based private equity firm.

Envestnet has agreed to be acquired by private-equity firm Bain Capital in a deal that values the wealth technology platform at $4.5 billion.

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.

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 ...

Alliance Bernstein's private wealth unit has brought on executives from Envestnet and Wells Fargo while promoting a 25-year ...

Envestnet (NYSE: ENV), a leading provider of integrated technology, data intelligence, and wealth solutions, announced that its ecosystem has been recognized as a finalist for seven 2024 Wealth ...

Envestnet (ENV) remains focused on increasing its share of the addressable market consisting of enterprise clients in wealth management, financial advisors and financial institutions.

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 ...

Envestnet CEO Bill Crager, right, speaks to MarketCounsel CEO Brian Hamburger at MarketCounsel Summit 2019. As Envestnet reflects on a second quarter that met industry expectations but didn't blow ...

Envestnet is selling its open finance and data analytics unit Yodlee to private equity firm STG. Financial terms of the deal were not disclosed.