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Private Equity

Financial Engines Announces Agreement To Be Acquired By Hellman & Friedman For $45.00 Per Share In Cash

by vcaonline.com posted 3months ago 208 views
Financial Engines Announces Agreement to Be Acquired by Hellman & Friedman for $45.00 Per Share in CashTransaction Would Combine Financial Engines and Edelman Financial Services, Creating Unparalleled Independent Registered Investment Advisor SUNNYVALE, Calif., April 30, 2018-- Financial Engines (NASDAQ:FNGN), America’s largest independent investment advisor1, today announced that it has signed a definitive agreement to be acquired by funds affiliated with Hellman & Friedman (“H&F;”) in an all-cash transaction that values Financial Engines at an aggregate value of approximately $3.02 billion.