Private equity firm Aquiline has agreed to purchase the Family Office Services business from SEI for $120m. The acquired business, with $723bn in assets as of 31 December 2024, provides technology and ...
Aquiline and SEI® (NASDAQ: SEIC) have announced a definitive agreement under which Aquiline will acquire SEI’s Family Office Services business for $120 million. Upon completion, the ...
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Credit: T. Schneider/Shutterstock. Private equity firm Aquiline has agreed to purchase the Family Office Services business from SEI for $120m. The acquired business, with $723bn in assets as of 31 ...
Joining the two human capital management (HCM) tech innovators creates a differentiated suite of solutions designed to support small- and mid-sized businesses throughout their lifecycles NEW ...
As part of the transaction, Family Office Services employees in SEI's Indianapolis, Denver, and Oaks offices, including members of the Family Office Services business' core leadership team, will ...
Commenting on the opportunity, Vincenzo La Ruffa, Managing Partner at Aquiline, said: "The Archway Platform has long been the premier provider of accounting and reporting software solutions to family ...
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Roughly 150 SEI employees in Oaks, Indianapolis and Denver will transition to Aquiline as part of the sale. SEI Investments has agreed to sell its family office services business to New York-based ...