Carlyle Agrees to Acquire Invesco Software Company Intelliflo

Carlyle Group Inc., a leading global investment firm, has agreed to acquire Invesco Ltd.-backed software company Intelliflo for a reported sum of up to $200 million. Intelliflo is a provider of digital wealth management software solutions, primarily serving the UK financial advice market. The acquisition is expected to strengthen Carlyle's position in the wealth management technology sector, as Intelliflo's software platforms are widely used by financial advisors in the UK. The transaction will enable Intelliflo to expand its reach and continue its innovation efforts, supported by Carlyle's expertise and resources. The deal is subject to customary regulatory approvals and is anticipated to close in the coming months. The financial details of the transaction, including the exact purchase price, have not been fully disclosed. This acquisition represents Carlyle's ongoing strategy to invest in technology-driven companies that can benefit from its global platform and support. The move further solidifies Carlyle's commitment to the wealth management industry and its continued focus on developing and acquiring innovative software solutions.