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New Deal


Announced

Completed

FNZ Group acquired ebase from Commerzbank for €154m.

Financials

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Transaction Value£134m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Asset Managers and Custodians

Germany

Disposal

Private

Friendly

Single Bidder

digital wealth management

Completed

Acquisition

wealth management solutions

Synopsis

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FNZ Group, a financial technology company specialising in providing investment platforms to major financial institutions in the financial services and wealth management sectors, acquired ebase, a leading German investment platform, from Commerzbank for €154m. Adrian Durham, CEO of FNZ Group said: “ebase is a well-established investment platform and leader in the digitisation of wealth management solutions. We look forward to partnering with the highly capable ebase team to grow their business in Germany.”

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