AssetMark Signs Definitive Agreement to be Acquired by GTCR
AssetMark Financial Holdings, Inc. (AMK)
Company Research
Source: Business Wire
Investment by leading private equity firm is premised on sustaining growth and product expansion at the Company CONCORD, Calif.--(BUSINESS WIRE)--AssetMark Financial Holdings, Inc. (NYSE: AMK) (“AssetMark” or “Company”), a leading wealth management technology platform for financial advisors, today announced that it has signed a definitive agreement to be acquired by GTCR, a leading private equity firm with substantial investment expertise in financial technology, wealth and asset management.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 will acquire a 100% interest in the Company.AssetMark’s Board of Directors has unanimously approved the transaction and recommended the transaction to its stockholders. After AssetMark’s Board of Directors approved the transaction, the definitive agreement was signed, and the transaction was approved by written consent of st
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AMK
News
- AssetMark Reports $116.9B Platform Assets for First Quarter 2024 [Yahoo! Finance]Yahoo! Finance
- AssetMark Reports $116.9B Platform Assets for First Quarter 2024GlobeNewswire
- INVESTIGATION: The M&A Class Action Firm Announces An Investigation of AssetMark Financial Holdings, Inc. - AMKPR Newswire
- AssetMark Financial Holdings, Inc. (NYSE: AMK) was downgraded by analysts at JPMorgan Chase & Co. from an "overweight" rating to a "neutral" rating. They now have a $37.00 price target on the stock.MarketBeat
- INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against AssetMark Financial Holdings, Inc. and Encourages Investors to Contact the FirmAccesswire
AMK
Earnings
- 5/1/24 - Beat
AMK
Sec Filings
- 5/1/24 - Form 8-K
- 4/25/24 - Form 8-K
- 4/9/24 - Form ARS
- AMK's page on the SEC website