Franklin Templeton
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Franklin Templeton - overview
Established
1947
Location
San Mateo, CA, US
Primary Industry
Financial Services
About
Founded in 1947 and based in San Mateo, California, Franklin Templeton is a prominent investment management firm specializing in asset management across diverse investment strategies. Franklin Templeton provides investment management services, focusing on various asset classes. The firm was founded in 1947 in San Mateo, California, by a group of entrepreneurs including Anirban Kar, David Dedman, and Louis Grist. The firm does not have known subsidiaries and has maintained its core business strategy since inception.
Notably, Hellman & Friedman exited its investment in Franklin Resources, Inc. on June 1, 1997. The company has engaged in a total of 2 deals since its founding. Franklin Templeton primarily offers investment management services, specializing in a wide array of asset classes such as equities, fixed income, alternatives, and multi-asset strategies.
Their core product offerings include mutual funds, exchange-traded funds (ETFs), and customized investment solutions tailored to meet the specific needs of individuals and institutions. The company serves a diverse client base, including retail investors, financial advisors, and institutional clients, aiming to provide comprehensive investment solutions for various financial goals, such as wealth accumulation and retirement planning. Franklin Templeton's products are distributed across multiple geographical markets, including North America, Europe, Asia-Pacific, and emerging markets, making their services accessible to a global audience of investors. Franklin Templeton generates revenue primarily through management fees and advisory services associated with its investment products, amounting to USD 8.
48 bn for the most recent year in 2024. Revenue is supplemented by performance-based fees, especially for specialized investment strategies, reflecting the firm's extensive product offerings designed to meet diverse investment objectives. Franklin Templeton's future growth strategy includes the development of new investment products tailored for evolving market demands, although specific release dates have yet to be announced. The firm aims to expand its presence in emerging markets and regions, targeting increased accessibility by 2025.
Although specific funding details were not disclosed for recent initiatives, the firm continues to leverage its existing capital to drive growth across its investment management services.
Primary Industry
Financial Services
Sub Industries
Investment Banking, Private Equity
Website
www.franklinresources.com
Total Amount Raised
Subscriber access only
Franklin Templeton - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Public to Private, Secondary Buyout | Completed | Avalara, Inc. | - | ||||||||
| Unspecified Exit | Completed | Franklin Templeton | - | ||||||||
| Buyout | Completed | Franklin Templeton | - |
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