10:29 AM EDT, 05/23/2024 (MT Newswires) -- (Update with Envestnet ( ENV ) response to a request for comment.)

Envestnet ( ENV ) , a wealth-management software provider, is drawing takeover interest from Advent International and GTCR, among other interested companies, Bloomberg reported Thursday, citing people familiar with the matter.

"The company doesn't comment on rumors or speculation in the market," a spokesperson on behalf of Envestnet ( ENV ) told MT Newswires.

GTCR declined to comment, while Advent did not immediately respond to MT Newswires' request for comments.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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