On the Record · Envestnet

Envestnet acquisitions, on the record

The businesses Envestnet bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

Business	Deal	When	Value
Harvest Savings & Wealth Technologies ("Harvest") Word for word“On April 7, 2021, we acquired Harvest Savings & Wealth Technologies (“Harvest”), a Delaware corporation (the "Harvest Acquisition").” 10-K for 2021	acquisition	On April 7, 2021	—
Proprietary technology from a privately held company (previously held approximately 29% equity method interest) Word for word“On March 11, 2021, we entered into an intellectual property purchase agreement with this privately held company to acquire all of the proprietary technology developed by the privately held company for approximately $35.5 million.” 10-K for 2021	acquisition	On March 11, 2021	approximately $35.5 million
Technology solutions being developed by a privately held company Word for word“On June 21, 2021, we entered into a purchase agreement with a privately held company to acquire the technology solutions being developed by this privately held company for a purchase price of $18.0 million, including an advance of $3.0 million.” 10-K for 2021	agreed acquisition	—	a purchase price of $18.0 million, including an advance of $3.0 million
401kplans.com LLC Word for word“In connection with the 401kplans.com acquisition, we paid estimated consideration of $14.5 million, net of cash acquired, subject to certain post-closing adjustments.” 10-K for 2022	acquisition	—	we paid estimated consideration of $14.5 million, net of cash acquired
Truelytics, Inc. Word for word“In connection with the acquisition of Truelytics, we paid estimated cash consideration of approximately $20.7 million, net of cash acquired, subject to certain post-closing adjustments.” 10-K for 2022	acquisition	—	we paid estimated cash consideration of approximately $20.7 million, net of cash acquired
Redi2 Technologies Inc. Word for word“In connection with the Redi2 acquisition, we paid estimated consideration of approximately $68.9 million in cash.” 10-K for 2022	acquisition	—	approximately $68.9 million in cash

As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year ended	Cash paid for acquisitions (net of cash acquired)	Goodwill from acquisitions
2016-12-31	$31.6 million	—
2017-12-31	$0	—
2018-12-31	$194.6 million	—
2019-12-31	$320.9 million	—
2020-12-31	$20.3 million	—
2021-12-31	$32.8 million	—
2022-12-31	$104.1 million	$74.1 million
2023-12-31	$0	—

Deal filings since 2016

2024-11-25 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2024-11-25 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2024-07-11 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2024-07-11 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2023-03-28 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2022-11-17 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2022-11-15 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2022-02-08 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2020-08-20 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2019-10-01 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2019-05-01 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2019-04-04 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2019-03-14 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2018-12-20 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2018-11-27 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2018-05-31 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2018-05-25 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2018-01-02 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2017-09-25 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2017-07-24 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2017-03-23 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement

Read from Envestnet’s annual reports (10-K for 2023, 10-K for 2022, 10-K for 2021) and the financial data it files with the SEC, as of 2024-02-28. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.