Personal Capital

Transaction overview

Status: Announced

Exact closing date not established.

Empower Retirement announced an agreement to acquire Crosslink portfolio company Personal Capital on June 29, 2020. The announced enterprise value was up to $1 billion, comprising $825 million at closing and up to $175 million contingent on planned growth.

Selected source-supported transactions; coverage is incomplete. Announcements do not establish completion or that a deal is still pending. Sponsor activity and operating-business transactions are distinct from adviser acquisitions. Unclassified activity is excluded from adviser-only counts.