M&A Deal Summary

FNZ Group Acquires YieldX

On January 19, 2023, FNZ Group acquired information technology company YieldX

Acquisition Highlights
  • This is FNZ Group’s 2nd transaction in the Information Technology sector.
  • This is FNZ Group’s 1st transaction in the United States.
  • This is FNZ Group’s 1st transaction in Florida.

M&A Deal Summary

Date 2023-01-19
Target YieldX
Sector Information Technology
Buyer(s) FNZ Group
Deal Type Add-on Acquisition

Target

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.

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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 4 of 4
Sector: Information Technology M&A 2 of 2
Type: Add-on Acquisition M&A Deals 3 of 3
State: Florida M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-07-20 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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