Carlyle, a global investment firm with $465 billion in assets under management, has agreed to acquire Intelliflo from Invesco in a deal valued up to $200 million, including an upfront payment of $135 million and a potential $65 million earn-out, funded through Carlyle’s €3 billion European technology fund. Intelliflo, founded in 2004, provides cloud-native practice management software to over 30,000 financial advisors across 2,600 firms in the UK, with integrations spanning more than 120 third-party apps. The deal also covers U.S. subsidiaries RedBlack and Intelliflo Portfolio, which will merge into a standalone entity under the RedBlack brand, focusing on U.S. RIAs, while Intelliflo will concentrate on the UK and Australian markets.

Carlyle Buys Intelliflo From Invesco in $200M Acquisition Deal