Investment Summary

Credit Suisse NEXT Investors Exits Northpoint Technology

On June 17, 2020, Portfolio BI invested in information technology company Northpoint Technology from Credit Suisse NEXT Investors

Investment Highlights
  • This is Portfolio BI’s 1st transaction in the Information Technology sector.
  • This is Portfolio BI’s 1st transaction in the United States.
  • This is Portfolio BI’s 1st transaction in New York.

Investment Summary

Date 2020-06-17
Target Northpoint Technology
Sector Information Technology
Investor(s) Portfolio BI
Sellers(s) Credit Suisse NEXT Investors
Deal Type Merger

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.

Search 214,356 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Investor(S) 1

Investor

Portfolio BI

New York, New York, United States

Category Company
Sector Financial Services
DESCRIPTION

Portfolio BI (PBI) empowers the most sophisticated buy-side ?rms 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.


DEAL STATS #
Overall 1 of 2
Sector: Information Technology M&A 1 of 1
Type: Merger 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
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-02-23 Hentsū

London, United Kingdom

Hentsū is a provider of fully managed AWS and Azure cloud platforms for fund managers with on-demand applications, compute clusters, and connectivity to market data providers, brokers, and exchanges. Hentsū was founded in 2015 and is based in London, United Kingdom.

Buy -

Seller(S) 1

DESCRIPTION


DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Merger 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
2020-02-20 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.

Buy -