BlackRock to Acquire Preqin

Preqin Acquires Colmore

August 5, 2021

Financial Services

Preqin has acquired Colmore, a private markets technology, services and fund administration business, to expand its capabilities across the private market investment lifecycle. The deal (closed August 5, 2021) will combine Colmore's portfolio monitoring, analytics and fund administration services with Preqin's alternative assets data and benchmarks; terms were not disclosed and Ben Cook will remain CEO of Colmore.

Brex Acquires Pry Financials

April 19, 2022

Cloud & SaaS

Brex acquired Pry Financials, a startup financial-planning and forecasting software platform, in a $90 million deal announced April 19, 2022. The acquisition brings Pry's budgeting, cash-flow forecasting and scenario-planning tools into Brex's finance platform to expand capabilities for founders and early-stage companies.

BlackRock Acquires Kreos Capital

August 2, 2023

Financial Services

BlackRock, Inc. has completed the acquisition of Kreos Capital, a London-based provider of venture and growth debt financing. Kreos’ 45-person team will integrate into BlackRock’s European Private Debt platform, with current Kreos leadership remaining in place to run existing strategies.

KKR Leads $220M Growth Investment in Premialab

December 23, 2025

Data & Analytics

Premialab, a provider of data, analytics and execution tools for quantitative investing, secured a $220 million growth investment led by KKR with participation from existing backer Balderton Capital. The capital will fund global expansion, accelerate product development (including a recently launched execution product co-developed with Eurex), and scale Premialab’s data and risk analytics platform for institutional clients.

Bain Capital Takes Envestnet Private in $4.5B Transaction

July 11, 2024

Financial Services

Bain Capital, with participation from Reverence Capital and Norwest, agreed to acquire Envestnet for $63.15 per share in a transaction valuing the company at approximately $4.5 billion. Strategic partners BlackRock, Fidelity Investments, Franklin Templeton, and State Street Global Advisors committed to minority investments in the private company; the deal is intended to support Envestnet's growth and further investment in its wealth management platform.

Blackstone Invests in Renaissance Learning

November 9, 2021

Education

Private equity funds managed by Blackstone will make a significant equity investment in Renaissance, the pre-K–12 edtech leader, alongside existing investors including Francisco Partners and TPG’s The Rise Fund. The capital will be used to accelerate organic growth, product innovation, and support Renaissance’s ongoing acquisition strategy while Francisco Partners remains a major shareholder.