M&A Deal Summary

CSS Acquires AMFINE Services & Software

On September 10, 2020, CSS acquired software company AMFINE Services & Software from BlackFin Capital Partners

Acquisition Highlights
  • This is CSS’s 2nd transaction in the Software sector.
  • This is CSS’s 1st transaction in France.

M&A Deal Summary

Date 2020-09-10
Target AMFINE Services & Software
Sector Software
Buyer(s) CSS
Sellers(s) BlackFin Capital Partners
Deal Type Add-on Acquisition

Target

AMFINE Services & Software

Paris, France
Formed in 2006, AMFINE Services & Software is a provider of SaaS-based regulatory reporting services to European asset managers, asset servicers, and insurers. With offices in Paris and Luxembourg, AMFINE serves a top-tier client base and offers a modular and multilingual solution across multiple jurisdictions for the production and distribution of documents covering the full breadth of regulatory reporting and marketing disclosure obligations.

Search 214,238 Deals Now

SEARCH BY

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

Try Free

Buyer(S) 1

Buyer

CSS

New York, New York, United States

Category Company
Founded 2017
Sector Information Technology
DESCRIPTION

CSS is a provider of technology-enabled regulatory and compliance solutions to the financial services industry. The CSS platform provides a comprehensive technology-enabled offering encompassing regulatory reporting, data management, outsourced compliance management services, compliance workflow tools, shareholding disclosure, trade monitoring, trading analytics, and cybersecurity solutions. CSS was founded in 2017 and is based in New York City.


DEAL STATS #
Overall 5 of 5
Sector: Software M&A 2 of 2
Type: Add-on Acquisition M&A Deals 2 of 2
Country: France M&A 1 of 1
Year: 2020 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-10-16 TradeChannel AB

Stockholm, Sweden

TradeChannel AB is a software company that assists the Nordic financial community with post-trade regulatory reporting, data and systems integration software solutions. TradeChannel AB was founded in 2002 and is based in Stockholm, Sweden.

Buy -

Seller(S) 1

SELLER

BlackFin Capital Partners

Paris, France

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2009
PE ASSETS 1.6B EUR
Size Large
Type Sector Agnostic
DESCRIPTION

BlackFin Capital Partners is a private equity firm focusing on financial services across continental Europe. The firm strategy focuses primarily on asset-light businesses in the financial services sector. BlackFin looks to invests €10 - €30 million in companies. BlackFin Capital Partners was formed in 2009 and is based in Paris, France additional office in Germany and France, Belgium.


DEAL STATS #
Overall 6 of 12
Sector: Software M&A 2 of 3
Type: Add-on Acquisition M&A Deals 3 of 4
Country: France M&A 4 of 7
Year: 2020 M&A 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-06-23 Memo Bank

Paris, France

Memo Bank is a provider of a full spectrum of banking products to its target clients small and medium businesses. Having built its entire technology stack from the ground up, clients are able to benefit from a modern banking experience and enjoy the security of being served by a regulated entity.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-10-09 Santiane Group

Paris, France

Santiane Group is an insurance firm specializing in health insurance brokerage for individuals and companies. Santiane Group was founded in 2006 and is based in Paris, France.

Sell €200M