M&A Deal Summary |
|
|---|---|
| Date | 2020-06-18 |
| Target | Wells Fargo & Co. - Global Alternative Investments Feeder Fund Platform |
| Sector | Information Services |
| Buyer(s) | iCapital Network |
| Sellers(s) | Wells Fargo |
| Deal Type | Divestiture |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 2013 |
| Sector | Information Technology |
iCapital Network is a financial technology platform that provides simplified access to alternative investments. The state-of-the-art online platform offers a curated selection of private equity funds and hedge funds, extensive due diligence support and powerful research tools to a private member network of qualified investors, family offices, registered investment advisors and broker-dealers. iCapital’s end-to-end solution streamlines and automates the investment process with electronic subscriptions, capital calls, distributions and redemptions, fund statements, and user-friendly investor and tax reporting. iCapital Network was founded in 2013 and is based in New York.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 9 |
| Sector: Information Services M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 3 of 3 |
| State: California M&A | 1 of 1 |
| Country: United States M&A | 3 of 8 |
| Year: 2020 M&A | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-05-13 |
Artivest Holdings
New York, New York, United States Artivest Holdings, Inc. is a provider of premier alternative investment strategies designed for financial professionals and individuals seeking to improve their portfolio diversification. Artivest follows a disciplined process for identifying, evaluating, selecting, and monitoring investment talent across a spectrum of alternative strategies including managed future, global macro, long/short equity, private equity, event-driven, and others. Artivest Holdings is based in New York. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-01-21 |
AI Insight
Worthington, Ohio, United States AI Insight, Inc. is an alternative investment education and compliance platform offering financial advisors investment research, training, qualification, and compliance support for a broad range of alternative investments, including private capital, hedge funds, non-traded REITs and BDCs, and alternative mutual funds. AI Insight was founded in 2005 and is based in Worthington, Ohio. |
Buy | - |
| Category | Company |
|---|---|
| Founded | 1852 |
| Sector | Financial Services |
| Employees | 222,544 |
| Revenue | 82.3B USD (2024) |
Wells Fargo is a diversified financial services company that provides retail, commercial and corporate banking services through banking stores and offices, the internet and other distribution channels to individuals, businesses and institutions in all 50 US states, the District of Columbia and in other countries. The company provides other financial services through subsidiaries engaged in various businesses, principally: wholesale banking, mortgage banking, consumer finance, equipment leasing, agricultural finance, commercial finance, securities brokerage and investment banking, insurance agency and brokerage services, computer and data processing services, trust services, investment advisory services, mortgage-backed securities servicing and venture capital investment. Wells Fargo was formed in 1852 and is based in San Francisco, California.
| DEAL STATS | # |
|---|---|
| Overall | 13 of 16 |
| Sector: Information Services M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 12 of 15 |
| State: California M&A | 2 of 3 |
| Country: United States M&A | 9 of 11 |
| Year: 2020 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-04-09 |
Wells Fargo & Co. - Institutional Retirement & Trust Business
San Francisco, California, United States Wells Fargo & Co. - Institutional Retirement & Trust Business offers comprehensive services for 401(k) and other retirement plans that include a wide range of investment options, participant communication, and fiduciary support. |
Sell | $1.2B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-01-14 |
Wells Fargo s Canadian Direct Equipment Finance Business
Mississauga, Ontario, Canada Headquartered in Mississauga, with regional offices across the country, including Montreal and Calgary, Wells Fargo's Canadian Direct Equipment Finance business has a 25-year operating history, which includes the acquisition by Wells Fargo of GE Capital's Canadian Equipment Finance business in 2016. With approximately C$1.5 billion in assets and over 120 employees, Wells Fargo's Canadian Direct Equipment Finance business provides loans and leases covering a full range of commercial equipment for businesses across Canada. |
Sell | - |
