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Bain Capital to Take Envestnet Private in a $4.5 Billion Deal

  • July 11, 2024

Private equity firm Bain Capital, supported by a group of investors, entered into a definitive agreement on July 11, 2024, to take Envestnet, Inc. (ENV) private for $4.5 billion.

Deal Structure:

Under the terms of the agreement, Envestnet shareholders will receive $63.15 in cash for each share of common stock they own, representing a premium of 2.35% from the stock’s last close.

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