Franklin Templeton Acquires Lexington Partners

Franklin Templeton (Franklin Resources) Acquires Putnam Investments from Great-West Lifeco

January 1, 2024

Wealth Management

Franklin Resources, Inc. (operating as Franklin Templeton) completed its acquisition of Putnam Investments from Great-West Lifeco on January 1, 2024. The deal brings complementary asset-management capabilities and increases Franklin Templeton's retirement and insurance-related AUM, while Great-West becomes a long-term shareholder in Franklin Resources.

Franklin Templeton Acquires Legg Mason

July 31, 2020

Wealth Management

Franklin Resources (operating as Franklin Templeton) completed its acquisition of Legg Mason, creating one of the world’s largest independent investment managers with roughly $1.4–$1.5 trillion in combined AUM. The all-cash transaction (approximately $4.5 billion) included assumption of about $2 billion of Legg Mason debt; the firms said Legg Mason’s specialist investment affiliates will retain operational autonomy while benefiting from Franklin Templeton’s global platform and distribution.

Wilshire Acquires ParkLexington Advisors

July 15, 2025

Data & Analytics

Wilshire Advisors LLC has acquired ParkLexington Advisors, LLC, a data and analytics firm that improves profitability and performance for investment managers. The acquisition expands Wilshire's data, cost-transparency, and analytics capabilities for asset managers; financial terms were not disclosed and Houlihan Lokey served as exclusive financial advisor to ParkLexington.

Franklin Templeton Acquires Apera Asset Management

October 3, 2025

Financial Services

Franklin Templeton (Franklin Resources, Inc.) has completed its acquisition of Apera Asset Management, a pan‑European private credit manager with over €5 billion AUM. The deal expands Franklin Templeton’s alternative credit capabilities and geographic reach in Europe, growing the firm’s global alternative assets under management to approximately $270 billion.

MorganFranklin Cyber Acquires Lynx Technology Partners

November 6, 2025

Cybersecurity

MorganFranklin Cyber, a PE-backed cybersecurity advisory and managed services firm, has acquired Lynx Technology Partners to expand its cybersecurity, risk management, and business development capabilities. As part of the deal, Lynx founder Aric K. Perminter joins MorganFranklin Cyber as Managing Director, Client Relations to support integration and client growth.

Franklin Templeton Acquires Alcentra from BNY Mellon

November 1, 2022

Financial Services

Franklin Resources, Inc. (operating as Franklin Templeton) completed its acquisition of BNY Alcentra Group Holdings, Inc. (Alcentra) and related U.S. subsidiary Alcentra NY, LLC from The Bank of New York Mellon Corporation on November 1, 2022. The deal expands Franklin Templeton's alternative credit capabilities — integrating Alcentra with its Benefit Street Partners platform and increasing the firm's alternative AUM and presence in Europe and the U.S.