M&A Deal Summary

FNZ Group Acquires New Access

On July 20, 2022, FNZ Group acquired software company New Access from BlackFin Capital Partners

Acquisition Highlights
  • This is FNZ Group’s 2nd transaction in the Software sector.
  • This is FNZ Group’s 2nd transaction in Switzerland.

M&A Deal Summary
Date 2022-07-20
Target New Access
Sector Software
Buyer(s) FNZ Group
Sellers(s) BlackFin Capital Partners
Deal Type Add-on Acquisition

Target

New Access

Geneva, Switzerland
New Access is a provider of agile and scalable Front-to-Back software solutions dedicated to the private banking and wealth management industries. The company's software solutions are designed to meet the specific requirements of the private banking and wealth management industries. In a complex and changing regulatory environment, the company helps bankers connect conveniently and efficiently with their clients anytime and anywhere they need. New Access was formed in 2000 and is based in Geneva, Switzerland.

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Buyer(S) 1

Buyer

FNZ Group

London, United Kingdom
Category Company
Founded 2004
Sector Information Technology
Employees220
DESCRIPTION

FNZ Group is a global platform-as-a-service provider, transforming the way financial institutions serve their wealth management customers. FNZ Group partners with banks, insurers and asset managers to help consumers better achieve their financial goals. FNZ's technology, transaction and custody services enable their clients to provide best-in-class wealth management solutions to financial advisers, end-investors and the workplace that are efficient, flexible, transparent and scalable, supporting market, demographic and regulatory trends worldwide. FNZ Group was founded in 2004 and is based in London, United Kingdom.

DEAL STATS #
Overall 3 of 4
Sector (Software) 2 of 2
Type (Add-on Acquisition) 2 of 3
Country (Switzerland) 2 of 2
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-07 Appway

Zurich, Switzerland

Appway is a provider of business process automation software focused on customer management for financial institutions. It guides the leading financial institutions, both big and small, as they build sustainable and scalable solutions that quickly adapt to changing conditions. Appway was formed in 2003 and is based in Zurich, Switzerland.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-01-19 YieldX

Miami, Florida, United States

YieldX is a provider of fixed-income portfolio management technology, optimization services, and direct indexing tools for the wealth management industry. The company services a wide range of clients, from top-tier wealth and asset managers to B2C financial services and technology providers operating across the globe. Its digital-first environment offers complete flexibility, with a choice of technology and asset management solutions, custom investment universes, and white-labeled offerings for home offices, asset managers, and financial advisors. YieldX was formed in 2019 and is based in Miami, Florida.

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 10 of 11
Sector (Software) 3 of 3
Type (Add-on Acquisition) 4 of 4
Country (Switzerland) 1 of 1
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-28 Groupe CIR

Paris, France

Groupe CIR is an independent specialist in city-center real-estate investment. The Group provides French savers and institutional investors with products based on underlying high-quality city-center real estate through three offers: CIR for direct investment in Malraux products, land deficits, and historic monuments, Urban Premium for indirect investment through housing and yields real estate investment companies and Agarim for bare ownership investment. Groupe CIR was founded in 1988 and is headquartered in Paris, France.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-09-06 Concentra Grupo

Rivas-Vaciamadrid, South Carolina, Spain

Concentra Grupo is an independent group made up of the integration of various companies specialised in the insurance sector: brokerages, underwriting agencies, and extension of guarantees. Concentra Grupo was formed in 1997 and is headquartered in Rivas-Vaciamadrid, Spain.

Buy -
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