Redi2 Technologies, Inc.

Overview

Deal Type Mergers & Acquisitions
Client & Transactional Partners Redi2 Technologies, Inc.
Envestnet, Inc.
Our Role Exclusive Sell-Side Advisor

Summary

On July 1, 2022, KeyBanc Capital Markets (KBCM) successfully advised Redi2 Technologies Inc. (Redi2), on its sale to Envestnet, Inc. (Envestnet). KBCM was engaged as Exclusive Sell-Side Advisor due to its industry leading FinTech sector expertise and strong M&A capabilities.

Redi2 automates complex billing, accounting, and back-office tasks through technology that streamlines operations, enhances client services, and meets compliance requirements. Their products leverage modern, scalable technology to deliver purpose-built solutions for distinct segments of the financial services industry. Redi2 performs client billing and revenue accounting, multi-party billing and payouts, and advisory billing and invoices for asset managers, wealth managers, and financial advisors.

Founded in 1999 and headquartered in Chicago, IL, Envestnet is transforming the way financial advice and insight are delivered by empowering financial advisors and service providers with innovative technology, solutions, and intelligence. Envestnet has been a leader in transforming wealth management through a financial network connecting technology, solutions, and data. Over 108,000 advisors and more than 6,000 companies, including 18 of the 20 largest U.S. banks, 47 of the 50 largest wealth management and brokerage firms, over 500 of the largest RIAs, and hundreds of FinTech companies, leverage Envestnet technology and services that help drive better outcomes for enterprises, advisors, and their clients.

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