Envestnet/ Prudential Agreement Made Public

July 29, 2013

Envestnet, Inc. (NYSE: ENV) has filed the Purchase and Sale Agreement for its acquisition of Prudential Investments’ Wealth Management Solutions division with the Securities and Exchange Commission.


On June 14, 2013, Envestnet, Inc. (NYSE: ENV) filed the Purchase and Sale Agreement for its acquisition of Prudential Investments’ Wealth Management Solutions (“WMS”) division with the Securities and Exchange Commission. Envestnet acquired Prudential WMS for $10 million in cash, with up to $23 million in additional contingent consideration. For the full Agreement, please click here.

For more information on the deal, please go to our 7/3/13 post.


Categories

Agreement Terms, Transactions