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 Snap Up Multibillion-dollar TAMP Business From …

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Jun 20, 2024 · In April, AssetMark itself became the object of an acquisition deal when PE firm GTCR announced plans to snap AssetMark up for $2.7 billion in a take-private transaction set …

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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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AssetMark To Acquire $12B In Assets From Morningstar Wealth …

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Jun 20, 2024 · AssetMark Financial Holdings was founded in 1996 and has over 1,000 employees. The AssetMark platform serves over 9,200 advisors and over 257,000 …

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

What is Assetmark & how does it work?

Its ecosystem of solutions equips advisors with services and capabilities to help deliver better investor outcomes by enhancing their productivity, profitability, and client satisfaction. With a history going back to 1996, AssetMark has over 1,000 employees, and its platform serves over 9,000 financial advisors and over 263,000 investor households. ...

Does Assetmark own Xenon Pharmaceuticals?

Assetmark Inc. lifted its holdings in Xenon Pharmaceuticals Inc. (NASDAQ:XENE – Free Report) by 7.9% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 19,670 shares of the biopharmaceutical company’s stock after buying an additional 1,435 shares during the quarter. ...

How many employees does Assetmark have?

With a history going back to 1996, AssetMark has over 1,000 employees, and its platform serves over 9,000 financial advisors and over 263,000 investor households. As of September 30, 2024, the Company had over $127 billion in platform assets. AssetMark, Inc. is a Registered Investment Adviser with the U.S. Securities and Exchange Commission. ...

Did Assetmark increase its holdings in elastic (ESTC – free report)?

Assetmark Inc. increased its holdings in Elastic (NYSE:ESTC – Free Report) by 28,132.1% in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 7,905 shares of the company’s stock after purchasing an additional 7,877 shares during the period. ...

What happened between Assetmark & Cheetah?

CONCORD, Calif., Nov. 14, 2024 (GLOBE NEWSWIRE) -- AssetMark, Inc., a leading provider of wealth management and technology solutions for financial advisors, and Cheetah, a cloud-based trust accounting system, are proud to announce the continued success of their strategic collaboration. ...

Why is FSB leveraging Assetmark-Cheetah?

Since January 2024, FSB has been leveraging this integrated solution, developed through the AssetMark-Cheetah partnership, resulting in significant operational improvements and positioning the bank for future expansion. ...