BlackRock / Aperio 2020

BlackRock acquired Aperio Group for $1.1B on November 23, 2020.

Target

Aperio Group

Acquirer

BlackRock

Deal value

$1.1B

Deal type

Cash

Announced

November 23, 2020

Sub-sector

Wealthtech

BlackRock buys customized index SMA manager with $36B AUM to expand its tax-efficient and ESG direct indexing offering for high net worth.

Deal value

$1.1B

Target revenue

—

Target EBITDA

—

EV / Revenue

—

EV / EBITDA

—

Announcement

November 23, 2020

Close date

February 1, 2021

Acquirer

BlackRock (Strategic)

Target HQ

United States

Deal type

Cash

Sub-sector

Wealthtech

Source: blackrock.com