Bain Capital to acquire Envestnet, Inc. after stockholder approval
09/24/24, 9:05 PM
Location
Industry
financial services
Envestnet, Inc. (NYSE: ENV) announced today that its stockholders approved the pending acquisition of the Company by affiliates of Bain Capital. The receipt of stockholder approval satisfies another closing condition to the Merger, in addition to the expiration of the waiting period under the Hart-Scott Rodino Antitrust Improvements Act of 1976.
Company Info
Location
Boston, Massachusetts, United States
Company info
Bain Capital, LP is one of the world's leading private 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 and other strategic areas of focus. The firm has offices on four continents, more than 1,300 employees and approximately $160 billion in assets under management. To learn more, visit www.baincapital.com.