Envestnet Prices Upsized 5.045M Share Offering at $29.25/Share

Envestnet ENV announced Thursday the pricing of a public offering on behalf of selling stockholders of 5,045,215 shares of common stock at a public offering price of $29.25 per share. The Company will not receive any proceeds from the sale of shares by the selling stockholders. In addition, one of the selling stockholders has granted the underwriters an option to purchase up to 756,782 shares to cover the underwriters' over-allotments, if any. William Blair and Stifel are acting as joint book-running managers of the offering and BMO Capital Markets, Sandler O'Neill + Partners, L.P., Sterne Agee, Avondale Partners, Barrington Research Associates and See full press release