M&A Deal Summary

Credit Suisse NEXT Investors Acquires Northpoint Technology

On February 20, 2020, growth capital firm Credit Suisse NEXT Investors acquired information technology company Northpoint Technology from ACA Group

Acquisition Highlights
  • This is Credit Suisse NEXT Investors’ 1st transaction in the Information Technology sector.
  • This is Credit Suisse NEXT Investors’ 2nd transaction in the United States.
  • This is Credit Suisse NEXT Investors’ 2nd transaction in New York.
Investment Fate
  • Northpoint Technology merged with another company in 2020.

M&A Deal Summary

Date 2020-02-20
Target Northpoint Technology
Sector Information Technology
Buyer(s) Credit Suisse NEXT Investors
Sellers(s) ACA Group
Deal Type Divestiture

Target

Northpoint Technology

New York, United States
Northpoint Technology's product suite includes mission-critical financial software and services to investment management firms. The company offers an investment management suite that includes an order management system (OMS), portfolio management, data warehouse, security master, and price master. It also offers a full suite of professional services and has provided solutions to over 150 investment managers.

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Buyer(S) 1

DESCRIPTION


DEAL STATS #
Overall 2 of 2
Sector: Information Technology M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: New York M&A 2 of 2
Country: United States M&A 2 of 2
Year: 2020 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-12-08 Portfolio BI

New York, New York, United States

Portfolio BI (PBI) empowers the most sophisticated buy-side firms to take control of their portfolio and operational data. Born from the merger of LUX FTS and NorthPoint, and backed by Credit Suisse Asset Management's NEXT Investors, its customers benefit from their integrated platforms, local technological expertise, and seasoned financial experts.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-06-17 Northpoint Technology

New York, United States

Northpoint Technology's product suite includes mission-critical financial software and services to investment management firms. The company offers an investment management suite that includes an order management system (OMS), portfolio management, data warehouse, security master, and price master. It also offers a full suite of professional services and has provided solutions to over 150 investment managers.

Sell -

Seller(S) 1

SELLER

ACA Group

New York, New York, United States

Category Company
Founded 2002
Sector Business Services
DESCRIPTION

ACA Group is a provider of risk management and technology solutions that focus on regulatory compliance, performance, financial crime, and cybersecurity. ACA serves a diverse base of leading investment advisers, private fund managers, commodity trading advisors, investment companies, broker-dealers, and banks. ACA Group was founded in 2002 and is based in New York, New York.


DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: New York M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2020 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-04-05 Cordium

New York, New York, United States

HedgeOp Compliance LLC is a provider of governance, risk and compliance services to the asset management and securities industry. Cordium has offices in London, New York, Boston, San Francisco, Malta and Hong Kong.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-17 Foreside

Portland, Michigan, United States

Foreside is a provider of regulatory compliance and distribution solutions to clients in the investment management industry. The Company delivers outsourced services to investment advisers and broker-dealers, including the financial products they manage or distribute. Foreside was formed in 20005 and is based in Portland, Michigan.

Buy -