Hellman & Friedman complete take-private buyout of Financial Engines
Hellman & Friedman has closed its take-private acquisition of Financial Engines, an independent investment adviser, for $45 per share in cash. As a result of the closing, Financial Engines has stopped trading on the NASDAQ. Hellman & Friedman has merged Financial Engines with portfolio company Edelman Financial Services. Sandler O’Neill & Partners, L.P. was financial adviser to Financial Engines while Morgan Stanley, J.P. Morgan, Barclays, Deutsche Bank Securities Inc and UBS Investment Bank did likewise for Hellman & Friedman.
19 July 2018•3 mins read
