AssetMark Signs Definitive Agreement to be Acquired by GTCR

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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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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AssetMark To Be Acquired By GTCR For $35.25 Per Share In Cash

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Apr 25, 2024 · AssetMark shareholders are set to receive $35.25 per share in cash, resulting in a total equity value of around $2.7 billion. The acquisition is subject to customary closing …

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AssetMark Financial Holdings Inc. (AMK) Signs Definitive …

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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 LLC Completed The Acquisition Of AssetMark Financial …

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Sep 4, 2024 · If this Agreement is terminated by AssetMark then pay immediately available funds $80.76087 million and If Agreement is terminated by GTCR then pay immediately available …

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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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AssetMark To Be Acquired By GTCR For $35.25 Per Share In Cash

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Apr 25, 2024 · AssetMark Financial Holdings, Inc. Thursday disclosed an agreement to be acquired by the private equity firm GTCR.Under the terms of the deal, GTCR will purchase a …

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Private Equity Firm GTCR Buys AssetMark - Wealth Management

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Apr 25, 2024 · AssetMark, which has approximately $117 billion of assets on the platform, reported a 14.5% year-over-year increase in its platform assets, which stood at $109.7 billion …

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Kirkland Advises GTCR In $2.7 Billion Take Private Of AssetMark

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Apr 25, 2024 · Kirkland Advises GTCR in $2.7 Billion Take Private of AssetMark 25 April 2024 Kirkland & Ellis counseled GTCR, a leading private equity firm with substantial investment …

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AssetMark To Go Private In $2.7 Billion Sale To Private-Equity

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The purchase price represents a 1% premium to AssetMark’s closing price Wednesday of $34.90. The stock fell 2.2% in early trading Thursday. Shares are up 14.5% year to date, compared …

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GTCR To Acquire AssetMark For $2.7 Billion - Investing.com

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CONCORD, Calif. - AssetMark Financial Holdings, Inc. (NYSE: NYSE: AMK), a wealth management technology platform, has entered into a definitive agreement to be acquired by …

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Nova Ltd. Entered Into A Definitive Agreement To Acquire …

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11 hours ago · Nova Ltd. (NasdaqGS:NVMI) entered into a definitive agreement to acquire sentronics metrology GmbH for approximately $60 million on November 27, 2024. The …

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FAQs about AssetMark Signs Definitive Agreement to be Acquired by GTCR Coupon?

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. ...

What does Assetmark do?

Concord, Calif.-based AssetMark provides technology, wealth management, and asset management services to other financial institutions, including registered investment advisory firms. The company has about $117 billion of assets on its platform and serves more than 9,300 financial advisors. ...

Will GTCR buy Assetmark financial?

April 25 (Reuters) - Private equity firm GTCR has agreed to pay $2.7 billion to buy AssetMark Financial (AMK.N), in a deal that would take the wealth management platform private more than five years after its initial public offering. The acquisition, announced on Thursday, will help expand GTCR's footprint in the financial services industry. ...

What makes Assetmark unique?

AssetMark differentiates itself through its comprehensive end-to-end offering and the personalized, high-touch service model it delivers to its financial advisor customers. The AssetMark platform serves over 9,300 financial advisors and over 257,000 investor households. ...

Did Assetmark buy Fidelity National Information Services?

It had also bought payments technology provider Fidelity National Information Services' (FIS.N) Worldpay business in a blockbuster deal last year. AssetMark's shareholders will get $35.25 per share in cash, and the deal will be financed with a credit facility and capital from funds affiliated with GTCR. AssetMark's shares closed down nearly 3%. ...

Does Assetmark have a board of directors?

AssetMark said its board of directors unanimously approved the deal and recommended it to its shareholders. Concord, Calif.-based AssetMark provides technology, wealth management, and asset management services to other financial institutions, including registered investment advisory firms. ...