Bain Capital to acquire Envestnet in $4.5 billion deal backed by BlackRock and Fidelity

Financial Advisors

Bain Capital to acquire Envestnet in $4.5 billion deal backed by BlackRock and Fidelity

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Private equity firm Bain Capital is set to acquire Envestnet in a $4.5 billion deal, supported by major investors like BlackRock and Fidelity Investments.  This transaction is poised to significantly impact the financial software and wealth management sectors, making it one of the most notable private equity moves of the year. Envestnet’s client base and

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