Envestnet, Inc. (NYSE:ENV) is exploring the sale of Yodlee, Inc., a data-aggregation firm that it bought in 2015, according to people with knowledge of the matter. The software company, based in Berwyn, Pennsylvania, recently tapped an adviser to help solicit interest from potential buyers in Yodlee, for which it paid about $590 million, including debt. It couldn't immediately be learned how much Envestnet is looking to obtain for the divestiture.
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