GTCR Acquires AssetMark Financial Holdings in ~$2.7B Take-Private
September 5, 2024
AssetMark Financial Holdings, Inc. (AssetMark) has completed a go-private acquisition by GTCR, a private equity firm, valuing the deal at approximately $2.7 billion. Under the transaction terms, GTCR acquired 100% of AssetMark for $35.25 per share in cash, and AssetMark’s common stock is no longer publicly traded.
- Buyers
- GTCR
- Targets
- AssetMark Financial Holdings, Inc.
- Sellers
- Huatai Securities
- Industry
- Financial Services
- Location
- California, United States
- Transaction Type
- Buyout
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