WCAS completes acquisition of EquiLend to accelerate growth initiatives
09/05/24, 12:08 PM
Location
Industry
financial services
financial services
EquiLend, a global technology, data, and analytics company for the securities finance industry, announced the completion of its majority acquisition by private equity firm Welsh, Carson, Anderson & Stowe (WCAS). The acquisition is expected to provide EquiLend with the support and expertise to accelerate its growth and further the automation of the securities finance market.
Company Info
Location
New York, New York, United States
Company info
WCAS is a leading U.S. private equity firm focused on two target industries: technology and healthcare. Since its founding in 1979, the firm's strategy has been to partner with outstanding management teams and build value for its investors through a combination of operational improvements, growth initiatives and strategic acquisitions. WCAS has deep experience in acquiring founder-led businesses and corporate carve-outs. The firm has raised and managed funds totaling over $27 billion of committed capital.