Add-on Acquisition • Software

Avaloq Group AG Acquires Höll Computer & Software

On October 12, 2012, Avaloq Group AG acquired software company Höll Computer & Software

Acquisition Context
  • This is Avaloq Group AG’s 1st transaction in the Software sector.
  • This is Avaloq Group AG’s 1st transaction in Germany.

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M&A Deal Summary

Date October 12, 2012
Target Höll Computer & Software
Sector Software
Buyer(s) Avaloq Group AG
Deal Type Add-on Acquisition

Target Company

Höll Computer & Software

Russelsheim, Germany
Höll Computer & Software GmbH is a developer of the ITREXS banking system. The Company markets services to financial institutions, private banks, service banks, commercial banks, investment companies, investment banks, and special institutions. Holl Computer & Software operates and markets to financial institutions in Russelsheim, Germany.
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Buyer Overview 1

Buyer

Avaloq Group AG

Zürich, Switzerland

Category Company
Founded 1985
Sector Software
DESCRIPTION

Avaloq provides powerful cloud solutions for banks and wealth managers around the globe through the business process as a service (BPaaS) and software as a service (SaaS) along with on-premise solutions. Avaloq's vision for the future of wealth management is to maintain the human relationship an investor has with an advisor, to enhance the relationship through technology, and to increase engagement and satisfaction. The democratization of wealth management will allow more people to have access to a greater quantity and quality of investment strategies and advice that was once reserved for ultra and high net worth individuals only. Avaloq Evolution was formed in 1985 and is based in Zürich, Switzerland.


Deal Context for Buyer #
Overall 2 of 2
Sector: Software 1 of 1
Type: Add-on Acquisition 1 of 1
Country: Germany 1 of 1
Year: 2012 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-08-31 B-Source AG

Bioggio, Switzerland

B-Source provides back office and IT services (BPO) to private and universal banks. B-Source also provides IT Outsourcing (ITO) services to the financial, insurance and other selected industries. B-Source’s customers include banks in Switzerland and a number of other countries.

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