M&A Deal Summary

Portfolio BI Acquires Hentsū

On February 23, 2021, Portfolio BI acquired internet software and services company Hentsū

Acquisition Highlights
  • This is Portfolio BI’s 1st transaction in the Internet Software and Services sector.
  • This is Portfolio BI’s 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2021-02-23
Target Hentsū
Sector Internet Software and Services
Buyer(s) Portfolio BI
Deal Type Add-on Acquisition

Target

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.

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

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 2 of 2
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: United Kingdom M&A 1 of 1
Year: 2021 M&A 1 of 1
PREVIOUS 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.

Buy -