Wingtech Tech 1H net income 473.7M yuan

Wingtech Tech 1H net income 473.7M yuan

Carlyle Group has agreed to acquire Intelliflo, a financial technology company, for up to $2 billion, marking a significant expansion of its fintech presence. The acquisition, announced on July 2, 2025, underscores Carlyle's commitment to enhancing its technological capabilities and market reach in the financial technology sector.

The acquisition price is structured in two parts: an initial payment of $1.35 billion upon completion of the transaction, and a potential earn-out payment of up to $650 million in the future [1]. This strategic move positions Carlyle to leverage Intelliflo's advanced financial planning and management software solutions, which are widely adopted by approximately 2,600 consulting firms and over 30,000 professionals [1].

Intelliflo, established in 2004 and headquartered in London, has developed a robust platform that serves a substantial market. The U.S. subsidiary of Intelliflo will be renamed RedBlack and will operate independently to maintain innovation while leveraging the combined strengths of both companies for growth and efficiency [1].

The acquisition aligns with Carlyle's strategic goals to enhance its technological capabilities and market reach, following its previous acquisition of Intelliflo from Invesco in 2018 [1]. The deal is expected to close in the coming months, subject to regulatory approvals and other customary closing conditions.

This acquisition is a testament to the growing importance of financial technology in the modern financial landscape. By integrating Intelliflo's advanced software solutions, Carlyle Group aims to provide its clients with cutting-edge tools for financial planning and management. The deal is also expected to create new opportunities for collaboration and innovation within the industry, benefiting both companies and their clients.

References:
[1] https://www.ainvest.com/news/carlyle-group-acquire-intelliflo-2-billion-expanding-financial-tech-presence-2508/