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 Completes Acquisition By GTCR, Launching New Era Of …

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Sep 5, 2024 · The acquisition, valued at approximately $2.7 billion, was executed with the Company’s shareholders receiving $35.25 per share in cash. The transaction was approved …

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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 In $2.7bn Transaction - Financier …

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Apr 30, 2024 · Under the terms of the definitive agreement – which has been unanimously approved by the AssetMark board of directors – GTCR will acquire a 100 percent interest, with …

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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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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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AssetMark $2.7 Billion Acquisition By GTCR - Davis Polk

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

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GTCR To Acquire AssetMark For $2.7 Billion In Cash

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Apr 25, 2024 · Private equity firm GTCR has entered into a merger with wealth management platform AssetMark Financial for $2.7 billion. AssetMark shareholders will receive $35.25 per …

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Latham Watkins Advises On Financing For GTCR Acquisition Of …

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

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GTCR Agrees $2.7bn Take-private Deal For AssetMark

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Apr 26, 2024 · Private equity firm GTCR has agreed to acquire AssetMark Financial Holdings, a wealth management technology platform for financial advisors, in a take-private deal that …

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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 Acquire AssetMark For $2.7 Billion - Investing.com

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GTCR to acquire AssetMark for $2.7 billion ... to be acquired by private equity firm GTCR for approximately $2.7 billion in cash. The agreement, announced today, will see AssetMark …

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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. ... wealth and asset management, on the definitive agreement to purchase AssetMark Financial …

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

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Apr 25, 2024 · CONCORD, Calif. - AssetMark Financial Holdings, Inc. (NYSE: NYSE: AMK), a wealth management technology platform, has entered into a definitive agreement to be …

investing.com

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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 To Buy Wealth Management Tech AssetMark For $2.7 Bln

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April 25 (Reuters) - Private equity firm GTCR has agreed to buy AssetMark Financial for $2.7 billion, the wealth management platform said on Thursday. (Reporting by Niket Nishant in …

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GTCR Makes $1.33 Billion Investment In Tricentis - Morningstar

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2 days ago · 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 …

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GTCR Makes $1.33 Billion Investment In Tricentis - Yahoo Finance

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AUSTIN, Texas, November 26, 2024--Tricentis, a global leader in continuous testing and quality engineering, today announced that GTCR, a leading private equity firm, has signed a definitive ...

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Alexis Ohanian And Soccer Star Midge Purce On Docuseries The

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18 hours ago · - GTCR agreed to invest $1.3 billion in Tricentis, an Austin-based continuous testing company. - BlackRock Capital Investment Advisors invested $50 million in Pyramid …

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GTCR Makes $1.33 Billion Investment In Tricentis - Business Wire

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2 days ago · GTCR Makes $1.33 Billion Investment in Tricentis New investment marks significant milestone in the rapid growth of the Insight Partners-backed company November 26, 2024 …

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

How much money will GTCR receive from Assetmark?

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 will acquire a 100% interest in the Company. AssetMark’s Board of Directors has unanimously approved the transaction and recommended the transaction to its stockholders. ...

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. ...

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. ...

Why did GTCR buy Fidelity?

The acquisition, announced on Thursday, will help expand GTCR's footprint in the financial services industry. It had also bought payments technology provider Fidelity National Information Services' Worldpay business in a blockbuster deal last year. ...

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 GTCR?

Founded in 1980, GTCR is a leading private equity firm that pioneered 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. ...