GTCR acquires AssetMark in $2.7bn transaction - Financier …

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 Acquires AssetMark In $2.7bn Transaction - Financier …

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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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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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PE Firm GTCR To Buy Wealth Management Platform AssetMark For …

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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 …

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GTCR LLC Completed The Acquisition Of AssetMark Financial …

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Sep 4, 2024 · GTCR LLC entered into a definitive agreement to acquire AssetMark Financial Holdings, Inc. from Huatai International Investment Holdings Limited and others for $2.7 billion …

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

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A ssetMark Financial Holdings has agreed to be acquired by private-equity firm GTCR in a deal that would end the turnkey asset manager’s run as a public company. If the deal closes, …

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BioCentriq Acquired By GC For $73 Million - BioCentriq

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Newark, New Jersey – May 17, 2022 – BioCentriq is thrilled to announce that we have been acquired by GC, a South Korean company founded in 1967 with a major footprint across …

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FAQs about GTCR acquires AssetMark in $2.7bn transaction - Financier … Coupon?

Did GTCR buy Assetmark financial for $2.7 billion?

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 Bengaluru) Private equity firm GTCR has agreed to buy AssetMark Financial for $2.7 billion, the wealth management platform said on Thursday. ...

What is GTCR's deal with Assetmark financial?

He did his post-graduation from the Indian Institute of Journalism and New Media (IIJNM) in Bengaluru. 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 its initial public offering. ...

How much will GTCR pay Assetmark stockholders?

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 AssetMark stockholders receiving $35.25 per share in cash. ...

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. ...

Who owns Assetmark financial holdings?

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 Financial Holdings, Inc. for approximately $2.7bn. ...

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. ...