Suitors are swooning for Envestnet(NYSE: ENV), a wealth management fintech that news reports say is attracting private equity interest.
Why it's the BFD: Envestnet is a $4.5 billion publicly traded company, meaning it's one of the few, non-private fintech bidding contests at the moment, reportedly led by two major buyout firms: Warburg Pincus and Advent International.
