Announced
Completed
Financials
Tags
Acquisition
Management Consulting
Private
Australia
financial consulting
Majority
Completed
Friendly
Single Bidder
Synopsis
Deutsche Börse Group’s post-trade services provider Clearstream Banking completed the acquisition of Ausmaq, a Sydney-based specialist managed funds services business. Financial terms were not disclosed. "Ausmaq is a perfect fit for Clearstream’s strategy in the Asia-Pacific region. As an established provider of fund processing solutions, the acquisition allows us to broaden our fund service offering in Australia and to provide our international customers with integrated solutions for the domestic market," Bernard Tancré, Clearstream Head of Investment Funds Services.
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