GTCR to take wealth management platform AssetMark private for $2.7bn

The seller is Huatai Securities.

  • According to terms of the agreement, AssetMark stockholders will receive $35.25 per share in cash
  • The transaction is expected to close in the fourth quarter of this year
  • When the deal closes, AssetMark will no longer trade on the New York Stock Exchange

GTCR has agreed to acquire AssetMark, a Concord, California-based wealth management tech platform for financial advisors, in a $2.7

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