Bank of America, Truist Bank, UMB Bank, and Zions Bank provided the financing for the transaction.
AssetMark shareholders received $35.25 per share in cash following the transaction.
Headquartered in Nashville, Team Air is a wholesale distributor providing OEM-branded HVAC equipment, parts and supplies to residential and commercial contractors.
Joining WCAS as owners of EquiLend are founding shareholders and customers including Bank of America, BlackRock, Goldman Sachs, Morgan Stanley, National Bank of Canada, State Street, and UBS.
Headquartered in Rochester, New York, Rochester Midland is a provider of technical services and specialty chemical products across water treatment, food safety and other verticals.
Bishop Street is an insurance platform.
Based in Lexington, Tennessee, Southern Tooling is a maker of automated and custom equipment and Friend, Nebraska-based Tuttle is a provider of custom engineered automated process systems.
Greenridge Growth Partners was a co-investor in this transaction.
Beequip has a portfolio of €1.4 billion
MyndYou is the initial investment in WindRose’s new strategy of building a next-generation population health management platform.