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Industry Consolidation

Medallion Acquires Andros, Becomes Largest AI Credentialing Platform

Medallion Acquires Andros, Becomes Largest AI Credentialing Platform

San Francisco – September 18, 2026 -- Medallion has acquired Andros, an NCQA-certified credentials verification organization, in a deal that consolidates over a million healthcare providers across nearly 400 organizations and health plans onto a single AI-driven credentialing platform.

Deal creates largest AI-native credentialing platform in the U.S.

The acquisition combines Medallion's automated credentialing and enrollment technology with Andros's 13-year track record serving health plans, health systems, provider groups, and telehealth companies since 2013. Terms of the transaction were not disclosed. Bailey & Company served as exclusive financial advisor to Andros.

Envestnet to Acquire Vestmark, Combining $8T and $2T WealthTech Platforms

Envestnet to Acquire Vestmark, Combining $8T and $2T WealthTech Platforms

Berwyn, Pa. – September 15, 2026 -- Envestnet has signed a definitive agreement to acquire Vestmark, merging a wealthtech platform serving more than a third of U.S. advisors with $8 trillion in assets with a trading and portfolio management provider supporting $2 trillion in assets and over five million investor accounts.

Envestnet gains institutional-grade trading and tax transition technology from Vestmark

The acquisition adds Vestmark's portfolio management technology, institutional-grade trading infrastructure, and outsourced investment management services to Envestnet's ecosystem. Vestmark, headquartered in Wakefield, Massachusetts and founded in 2001, has built its client base over 25 years working with wirehouses and firms running institutional-scale trading operations.