ENVESTNET, INC. ANNOUNCES DEFINITIVE AGREEMENT TO SELL YODLEE, INC. TO STG (Envestnet Inc)
6 Articles
6 Articles
ENVESTNET, INC. ANNOUNCES DEFINITIVE AGREEMENT TO SELL YODLEE, INC. TO STG (Envestnet Inc)
) ENVESTNET, INC. ANNOUNCES DEFINITIVE AGREEMENT TO SELL YODLEE, INC. TO STG BERWYN, Pa., June 25, 2025/PRNewswire/ -- Envestnet, Inc. today announced it has entered into a definitive agreement to sell Yodlee, Inc., its open finance and data analytics subsidiary, to STG, a private equity firm focused on fueling innovative software, data, and analytics market leaders. The transaction is expected to close in the third quarter of 2025, subject to c…
Envestnet to Sell Yodlee to STG in Strategic Shift
BERWYN, PA — Envestnet, Inc. has announced a definitive agreement to sell its open finance and data analytics subsidiary, Yodlee, Inc., to private equity firm STG. The transaction, expected to close in the third quarter of 2025, marks a significant step in Envestnet’s strategy to deepen its focus on its core wealth management platform while positioning Yodlee for accelerated growth under new ownership. STG, a global investment firm managing over…
Envestnet to Sell Open Finance Subsidiary Yodlee to STG
Wealth technology provider Envestnet plans to sell its open finance and data analytics subsidiary, Yodlee, to private equity firm STG. [contact-form-7] The transaction is expected to close in the third quarter, subject to customary closing conditions, the companies said in a Wednesday (June 25) press release. STG is focused on investing in innovative software, data and analytics firms, and Yodlee will join STG’s global technology portfo…
ENVESTNET, INC. ANNOUNCES DEFINITIVE AGREEMENT TO SELL YODLEE, INC. TO STG
BERWYN, Pa., June 25, 2025 /PRNewswire/ -- Envestnet, Inc. today announced it has entered into a definitive agreement to sell Yodlee, Inc., its open finance and data analytics subsidiary, to STG, a private equity firm focused on fueling innovative software,…
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