BNY Mellon: Buy Milestone
- BNY Mellon helps its clients manage and service their financial assets throughout the investment lifecycle
- Milestone helps businesses create, organize, and amplify their digital information
- Announced it has entered into a definitive agreement to acquire Milestone Group a leading provider of fund management technology
- The deal comes just over a year after the two companies formed an alliance to create a suite of oversight
- Closing of the transaction is subject to customary conditions and approvals and is expected to occur in the second half of 2021
- Milestone’s pControlTM platform is widely recognized as an industry leader in fund and investment automation
