M&A
confidence high
sentiment neutral
materiality 0.60
SEI sells Family Office Services business to Aquiline for $120M cash
SEI INVESTMENTS CO
- Total purchase price of $120 million payable in cash at closing.
- Aquiline Capital Partners acquiring SEI's Family Office Services business.
- Transaction expected to close in late Q2 2025, subject to regulatory approval.
- Employees in Indianapolis, Denver, and Oaks, including core leadership, will transition with the business.