AssetMark Completes Acquisition by GTCR, Launching New Era of …

Sep 5, 2024 · (GLOBE NEWSWIRE) – AssetMark Financial Holdings, Inc. (“the Company”), a leading wealth management technology platform for financial advisors, today began a new era …

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AssetMark Completes Acquisition By GTCR, Launching New Era Of …

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Sep 5, 2024 · GTCR has acquired a 100% interest in AssetMark, and its common stock is no longer publicly traded. Morgan Stanley & Co. LLC served as exclusive financial advisor to …

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AssetMark Signs Definitive Agreement To Be Acquired By GTCR

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Apr 25, 2024 · AssetMark stockholders will receive $35.25 per share in cash, which represents a total equity valuation of approximately $2.7 billion. Under the terms of the agreement, GTCR …

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GTCR Acquires AssetMark - 2024-04-25 - Crunchbase Acquisition …

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Apr 25, 2024 · GTCR acquires AssetMark on 2024-04-25 for $2700000000. Search Crunchbase. Start Free Trial . ... GlobeNewswire News Room — AssetMark Completes Acquisition by …

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Developers Land $52.5M Construction Loan For The ... - New York …

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Mar 7, 2023 · Sanz Management has closed on $52.5 million to complete The Braddock, a 135-unit rental property in North Bergen, New Jersey.The development site is located at 8619 …

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FAQs about AssetMark Completes Acquisition by GTCR, Launching New Era of … Coupon?

Did GTCR buy Assetmark?

The transaction was approved unanimously by AssetMark’s Board of Directors and was subsequently approved by written consent of shareholders representing a majority of the outstanding voting interests of the Company. GTCR has acquired a 100% interest in AssetMark, and its common stock is no longer publicly traded. ...

What happened to Assetmark financial holdings?

AssetMark Financial Holdings, Inc. (“the Company”), a leading wealth management technology platform for financial advisors, began a new era of strategic growth and expansion by announcing the closing of its acquisition by GTCR, a leading private equity firm with substantial investment expertise in financial technology, wealth, and asset management. ...

Who owns Assetmark financial holdings (AMK)?

AssetMark Financial Holdings, Inc. (NYSE: AMK) (“AssetMark” or “Company”), a leading wealth management technology platform for financial advisors, today announced that it has signed a definitive agreement to be acquired by GTCR, a leading private equity firm with substantial investment expertise in financial technology, wealth and asset management. ...

Who is a financial advisor for GTCR?

Morgan Stanley & Co. LLC served as exclusive financial advisor to AssetMark, and Davis Polk & Wardwell LLP provided legal counsel. UBS Investment Bank and Barclays served as co-lead financial advisors to GTCR and are providing debt financing support for the transaction. BofA Securities and Jefferies LLC also served as financial advisors. ...

Who is GTCR?

Founded in 1980, GTCR is a leading private equity firm that invests through The Leaders Strategy™ – finding and partnering with management leaders in core domains to identify, acquire and build market-leading companies through organic growth and strategic acquisitions. ...

What makes Assetmark unique?

“AssetMark is a leader in the wealth technology industry, combining a high-quality service orientation with innovative technology and products that financial advisors rely on to support their clients,” said Collin Roche, Co-CEO and Managing Director at GTCR. ...