SEI Investments Sells Family Office Services for $120 Million

In a notable move, SEI Investments Company has agreed to sell its Family Office Services division to Aquiline for $120 million, marking a strategic shift. This transaction signifies potential growth for the Archway brand and highlights SEI's commitment to the family office sector.

Date: 27-02-2025

AI Rating: 7

Transaction Overview
SEI Investments' definitive agreement to sell its Family Office Services to Aquiline is a significant development. This move allows Aquiline to leverage the established Archway brand in the family office market, enhancing its service offerings. The transfer of employees, including leadership, ensures continuity in operations across multiple locations, which can positively impact operational stability.

Assets Under Management
The Archway Platform currently manages $723 billion in assets, indicating a robust foundation for future operations. Such a high asset level suggests that the Archway brand has a significant market presence, likely attracting further investment and client interest post-transaction.

Strategic Focus
Aquiline's intent to focus on client experience and operational efficiency, as highlighted by key leaders, is crucial. This strategic focus may result in enhanced service delivery, driving growth and profitability for the newly acquired business unit.

Transaction Value and Closing Date
Valued at $120 million, the transaction is expected to close in late Q2 2025. This timeline indicates a well-planned transition that could provide stability during the transfer of ownership.

Stocks: SEIC