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Private equity giants chase $7bn take-private of Wealth Enhancement

1 min read
Source: Financial Times
Private equity giants chase $7bn take-private of Wealth Enhancement
Photo: Financial Times
TL;DR Summary

Carlyle and Bain Capital are the final bidders to acquire Wealth Enhancement, a wealth-management platform with about $160 billion in assets, in a deal valued at roughly $7 billion including debt, as private-equity owners TA Associates and Onex seek exits amid a wave of RIAs consolidations and concerns about overinvestment and AI disruption in the sector.

Topics:business#carlyle#mergers-and-acquisitions#private-equity#wealth-enhancement#wealth-management
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  1. Carlyle and Bain Capital battle to buy wealth manager in potential $7bn deal  Financial Times
  2. Large Private Equity Houses Woo Wealth Enhancement In Bidding Contest – Report  Family Wealth Report
  3. Financial Titans Eye $7 Billion Wealth Management Buyout Amid $2 Billion Space Ambitions  Devdiscourse
  4. Carlyle And Bain Capital Battle To Buy Wealth Enhancement In Potential $7 Billion Deal - FT  TradingView
  5. Private equity bidding war targets $160bn RIA in $7bn deal  InvestmentNews

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