Add-on Acquisition • Business Services

Yellowtail Acquires Fortrum

On September 2, 2024, Yellowtail acquired business services company Fortrum

Acquisition Context

This is Yellowtail’s 1st transaction in the Business Services sector.
This is Yellowtail’s 1st transaction in the Netherlands.

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M&A Deal Summary
Date	September 2, 2024
Target	Fortrum
Sector	Business Services
Buyer(s)	Yellowtail
Deal Type	Add-on Acquisition

Target Company

Fortrum

Houten, Netherlands

Fortrum offers consultancy services in the area of risk, governance and compliance and is also specialised in carrying out due diligence, for which it developed the FortApp. Fortrum was formed in 2018 and is based in Houten, Netherlands.

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Buyer Overview 1

Buyer

Yellowtail

Naarden, Netherlands

Category	Company
Sector	Information Technology

DESCRIPTION

Yellowtail designs, builds, and manages digital and data-driven software solutions for financial service providers. The company combines expertise of the financial market, IT, and user experience with capacity and implementation power to develop innovative original solutions such as MyLife, Mortgage Assist, and MyMortgage. Yellowtail is based in Naarden, Netherlands.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Business Services	1 of 1
Type: Add-on Acquisition	1 of 1
Country: Netherlands	1 of 1
Year: 2024	1 of 1

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