Tech Company M&A Transactions
FolioDynamix Acquisition
FolioDynamix, based in New York, was bought by Actua. The parties disclosed the acquisition price to be $199 million.
Transaction Overview
Company Name
Acquired By
Announced On
9/16/2014
Transaction Type
M&A
Amount
$199,000,000
M&A Terms
Actua Corporation has reached agreement to acquire FolioDynamix, a leading, secure, cloud-based investment and wealth management platform. In the transaction, Actua would acquire an approximately 97% primary equity interest in FolioDynamix for an estimated $199 million in cash.
Company Information
Company Status
Acquired or Merged
Industry
FinTech
Mailing Address
52 Vanderbilt Ave. 18th Floor
New York, NY 10017
USA
New York, NY 10017
USA
Phone
Website
Email Address
Overview
FolioDynamix is an established leader in the fast growing managed account industry providing innovative and industry leading solutions to support Unified Managed Accounts (UMA), Unified Managed Households (UMH), Separately Managed Accounts (SMA), Mutual Fund Advisory (MFA), Rep-As-Manager, and Fee-based Rep-As-Advisor programs.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Joseph Mrak
Chief Financial Officer
Mark Herman
Chief Operating Officer
John Carey
Chief Technical Officer
Mark Davis
VP - Customer Service
Aaron Schumm
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