“After a thorough assessment, the Board has determined that this transaction represents a compelling outcome for our stockholders, customers and employees. US investment adviser Financial Engines and Edelman Financial Services are to merge , with Financial Engines being acquired by funds affiliated to the latter 's majority owner , Hellman & Friedman . The deal is expected to close in Q3 2018 , with Financial Engines ' shareholders being offered $ 45 per share for the deal . The acquisition is subject to shareholder and regulatory approval . Friedman is a specialist in personal financial planning and education , and the deal values Financial Engines at just over $ 3bn .
US investment adviser Financial Engines and Edelman Financial Services are to merge , with Financial Engines being acquired by funds affiliated to the latter 's majority owner , Hellman & Friedman . The deal is expected to close in Q3 2018 , with Financial Engines ' shareholders being offered $ 45 per share for the deal . The acquisition is subject to shareholder and regulatory approval . Friedman is a specialist in personal financial planning and education , and the deal values Financial Engines at just over $ 3bn .