Empower Retirement LLC acquires Personal Capital Corp.

On June 29, 2020, Empower Retirement LLC acquired Personal Capital Corp., a business services company in California, United States, from Crosslink Capital and Corsair Capital LLC.

Deal at a glance

AnnouncedJune 29, 2020 TypeAdd-on Acquistion TargetPersonal Capital Corp. Buyer Empower Retirement LLC Sellers Crosslink Capital
Corsair Capital LLC SectorBusiness Services LocationCalifornia, United States ValueMembers only

Target company

Personal Capital Corp.

California, United States

Business Servicessector

1964founded

Activestatus

View the company profile →

Buyer

Empower Retirement LLC

Company · 3 deals on record

1st transaction in business services
1st transaction in United States

3deals, all time

2in this sector

2021latest

Sellers (2)

Crosslink Capital

Private equity firm · 110 deals on record

Corsair Capital LLC

Private equity firm · 25 deals on record

110investments

7in this sector

58exits

Members only

Contact details at the buyers and sellers

The full deal history of every party

Co-investors and the other advisors on this deal

Deal value and revenue or EBITDA multiples

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Questions about this deal

Who acquired Personal Capital Corp.?Empower Retirement LLC acquired Personal Capital Corp. on June 29, 2020.

Who sold Personal Capital Corp.?Crosslink Capital and Corsair Capital LLC were the sellers.

What type of deal was it?It was a add-on acquistion in the business services sector in 2020.

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