M&A Deal Summary

BTG Pactual Acquires FIS Privatbank

On March 24, 2023, BTG Pactual acquired financial services company FIS Privatbank

Acquisition Highlights
  • This is BTG Pactual’s 2nd transaction in the Financial Services sector.
  • This is BTG Pactual’s 1st transaction in Luxembourg.

M&A Deal Summary

Date 2023-03-24
Target FIS Privatbank
Sector Financial Services
Buyer(s) BTG Pactual
Deal Type Add-on Acquisition

Target

FIS Privatbank

Niederanven, Luxembourg
FIS Privatbank is a fully licensed private bank focused on providing a safe and stable banking partner for wealth management, asset management, and financing to clients with a CET1 equity ratio of about 35% and LCR of more than 160%. Its subsidiary Inter-Portfolio offers tailor-made solutions for the management of UCITS investment funds. FIS Privatbank is based in Niederanven, Luxembourg.

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Buyer(S) 1

Buyer

BTG Pactual

São Paulo, Brazil

Category Company
Founded 1983
Sector Financial Services
DESCRIPTION

BTG Pactual is a financial institution active mainly in the investment and commercial banking, and wealth management businesses. BTG Pactual was founded in 1983 and is based in São Paulo, Brazil.


DEAL STATS #
Overall 2 of 4
Sector: Financial Services M&A 2 of 3
Type: Add-on Acquisition M&A Deals 1 of 2
Country: Luxembourg M&A 1 of 1
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-02-22 BSI SA

Lugano, Switzerland

BSI SA is a Swiss private bank specializes in private wealth management. It provides high net worth individuals, independent asset managers and family offices with a comprehensive range of products and services, from classic to alternative and innovative solutions.

Sell Fr.1.3B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-12-18 Verlat Energy

Lime, Peru

Verlat Energy is a hydropower company, owns a fully operational portfolio of six run-of-river hydroelectric power plants with a total capacity of 73.4 MW. Verlat Energy was founded in 2011 and is based in Lime, Peru.

Sell -