secwatch.observer — SEC 8-K summary
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Issuer:     SEI INVESTMENTS CO (SEIC)
CIK:        0000350894
Form:       8-K
Filed at:   2025-02-27T23:59:59+00:00
Accession:  0000350894-25-000032
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.60
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SEI sells Family Office Services business to Aquiline for $120M cash
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/350894/000035089425000032/0000350894-25-000032-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/350894/000035089425000032/seic-20250227.htm
  HTML page:      https://secwatch.observer/filing/0000350894-25-000032

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