Buyout Shop GTCR’s Take-Private Deal Values AssetMark at $2.7

Private-equity firm GTCR reached a roughly $2.7 billion deal to take private AssetMark Financial Holdings, the latest private-equity deal in the high-growth but highly fragmented wealth …

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Buyout Shop GTCR’s Take-Private Deal Values AssetMark At $2.7

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Private-equity firm GTCR reached a roughly $2.7 billion deal to take private AssetMark Financial Holdings, the latest private-equity deal in the high-growth but highly fragmented wealth …

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PE Firm GTCR To Buy Wealth Management Platform AssetMark For …

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Apr 25, 2024 · Private equity firm GTCR has agreed to pay $2.7 billion to buy AssetMark Financial , in a deal that would take the wealth management platform private more than five years after …

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PE Firm GTCR To Buy Wealth Management Platform AssetMark For …

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Apr 25, 2024 · (Reuters) - Private equity firm GTCR has agreed to pay $2.7 billion to buy AssetMark Financial, in a deal that would take the wealth management platform private more …

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GTCR Acquires AssetMark In $2.7bn Transaction

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Apr 30, 2024 · BY Fraser Tennant In a deal that expands the private equity company’s footprint in the financial services industry, GTCR is to acquire wealth management platform AssetMark …

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GTCR Agrees $2.7bn Take-private Deal For AssetMark

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Apr 26, 2024 · AssetMark’s board of directors has unanimously approved the transaction and recommended the deal to shareholders. Based in Concord, California, AssetMark, which has …

privateequitywire.co.uk

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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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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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UPDATE 1-GTCR To Buy Wealth Management Tech AssetMark For …

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Apr 25, 2024 · Private equity firm GTCR has agreed to buy AssetMark Financial for $2.7 billion, the wealth management platform said on Thursday. AssetMark said its shareholders will get …

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GTCR To Buy Wealth Management Tech AssetMark For $2.7 Bln

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Apr 25, 2024 · Private equity firm GTCR has agreed to buy AssetMark Financial for $2.7 billion, the wealth management platform said on Thursday. ... GME GameStop Corp. 27.26 +2.38 …

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AssetMark Taps Industry Veteran Lou Maiuri In New Growth Chapter

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Sep 5, 2024 · The deal, which was first revealed in April and valued at approximately $2.7 billion, transitions AssetMark into an independent, privately owned company, concluding a long …

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PE Firm GTCR To Buy Wealth Management Platform AssetMark For …

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Apr 25, 2024 · (Reuters) -Private equity firm GTCR has agreed to pay $2.7 billion to buy AssetMark Financial, in a deal that would take the wealth management platform private more …

yahoo.com

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GTCR Set To Snap Up AssetMark - Investment News

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Apr 25, 2024 · The deal announced Thursday, which is set to significantly enhance GTCR's presence within the financial services sector, values AssetMark at $35.25 per share in cash, …

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[World] - Buyout Shop GTCR's Take-Private Deal Values AssetMark …

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Shop Collectible Avatars; Get the Reddit app ... [World] - Buyout Shop GTCR's Take-Private Deal Values AssetMark at $2.7 Billion . wsj.com Open. Share Add a Comment. ... International …

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FAQs about Buyout Shop GTCR’s Take-Private Deal Values AssetMark at $2.7 Coupon?

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. ...

Where is GTCR based?

Private-equity firm GTCR is based in Chicago. Photo: Scott Olson/Getty Images Private-equity firm GTCR reached a roughly $2.7 billion deal to take private AssetMark Financial Holdings, the latest private-equity deal in the high-growth but highly fragmented wealth management market. ...

What does GTCR's acquisition mean for the financial services industry?

The acquisition, announced on Thursday, will help expand GTCR's footprint in the financial services industry. Founded in 1980, the firm manages $40 billion of equity and is a big player in the healthcare, financial and technology markets. ...

How much money does GTCR invest?

Since its inception, GTCR has invested more than $25 billion in over 280 companies, and the firm currently manages $40 billion in equity capital. GTCR is based in Chicago with offices in New York and West Palm Beach. For more information, please visit www.gtcr.com. Follow us on LinkedIn. ...

Is GTCR a good stock to buy?

GTCR's offer price represents a 1% premium to the stock's last close, but is more than 30% higher than where it was trading at before media reports on a potential stake sale of the business. "The offer feels somewhat low to us for a company with a leading position in the wealthtech market," William Blair analysts wrote in a note. ...

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. ...