Announced
Synopsis
Silverfleet Partners-backed Microgen Financial Systems, which develops, implements and supports business-critical software, agreed to merge with Touchstone Wealth Management, a wealth management company. Financial terms were not disclosed. “This merger brings together two individually successful businesses to create a software provider of scale in the Trust & Fund Admin and Corporate Services market that Silverfleet is very familiar with from successful investments in TMF and Ipes. The enlarged group will combine the best of both firms to set a new benchmark in functionality and client service across the globe to serve this growing and consolidating sector. We are looking forward to working closely with the management team to execute the growth strategy over the coming months,” David MacKenzie, Silverfleet Capital Partner.
Show Details & Financials
Did you work on this deal?
Showcase your expertise to over 3 million dealmakers and industry leaders on Datasite.
Sort
Search a database of more than 250,000 verified dealmakers
Receive automated updates on global transactions
Follow the activity, relationships and transactions of top dealmakers
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.