Announced
Synopsis
Motive Partners, a private equity firm focused on technology-enabled companies that power the financial services industry, agreed to acquire a 60% stake in the investment services business of Fiserv, which provides integrated information management and electronic commerce systems and services for $510m. “As a leading provider of mission-critical solutions to a growing, blue-chip client base, we look forward to partnering with Fiserv and the Investment Services team in this joint venture. The Investment Services business has demonstrated its ability to deliver a compelling solution for its wealth and asset management clients and I am confident that our team at Motive Partners will add significant value through innovation, insights and an expanded network. We are excited to work with the leadership team and key clients to create new solutions for this growing market segment,” Rob Heyvaert, Motive Partners Founder and Managing Partner.
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