Actua Acquires FolioDynamix for $199,000,000

  • Feed Type
  • Date
    9/16/2014
  • Company Name
    FolioDynamix
  • Mailing Address
    52 Vanderbilt Ave. 18th Floor New York, NY 10017 USA
  • Company Description
    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.
  • Website
    http://www.foliodynamix.com
  • Transaction Type
    M&A
  • Transaction Amount
    $199,000,000
  • Transaction Round
  • Proceeds Purposes
  • 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.

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