IFLR1000

Hellman & Friedman $3.02 billion acquisition of Financial Engines

30/4/2018
Public acquisition
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$ 3.02 billion

Announced

30/4/2018

Overview:

  • Private equity firm Hellman & Friedman has acquired FinTech company Financial Engines.
  • Hellman & Friedman is planning on combining Financial Engines with investment management firm Edelman Financial Services.  
  • JP Morgan Securities, Barclays Capital, Deutsche Bank Securities and UBS Investment Bank acted as financial advisers for Hellman & Friedman. 
  • The transaction is expected to close in the third quarter of 2018. 

Kurt Stumpo - Journalist

Jurisdiction:

United States

Deal type:

Public acquisition

Practice areas:

Private equity
M&A

Governing law:

United States

Industry sector:

Financial services

Firms:
Simpson Thacher & Bartlett

Party: Hellman & Friedman (Acquirer)

Wachtell Lipton Rosen & Katz

Party: Financial Engines (Target)

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