Carlyle Agrees to Buy intelliflo From Invesco for $200 Million
Key Takeaways Carlyle is buying intelliflo from Invesco for up to $200M, with $135M due at closing in late 2025.The deal includes intelliflo's UK platform and US units RedBlack and intelliflo Portfolio.RedBlack will become a standalone US-focused entity, while intelliflo targets the UK and Australia.Global investment firm The Carlyle Group Inc. (CG) announced an agreement to acquire intelliflo from Invesco Ltd. (IVZ) as part of its strategy to deepen exposure to financial software.Founded in 2004 and headqu ...