Ownership stake · Activity not yet classified
Edelman Financial Services
Transaction overview
Announced
Announced:
Exact closing date not established.
Lee Equity reported an agreement under which Hellman & Friedman would become majority owner of Edelman Financial Services while Lee Equity retained meaningful equity ownership.
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.
Source evidence
- Lee Equity Sells Majority Stake in Edelman Financial Services to Hellman & Friedman, LLC. ↗
Lee Equity · Published Oct 12, 2015
Reports that Lee Equity was Edelman Financial's majority owner and would retain meaningful equity when Hellman & Friedman became majority owner.