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New Deal


Announced

Completed

ABN AMRO Ventures and DXC Technology completed an investment in Fenergo.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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cdd

Friendly

Ireland

Software

Completed

Minority

Single Bidder

client onboarding software

Private

Venture Capital

kyc

Acquisition

Private Equity

Synopsis

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ABN AMRO Ventures, a corporate venture fund of the bank ABN AMRO, and DXC Technology, a provider of IT service, completed an investment in Fenergo, a provider of client lifecycle management software. Financial terms were not disclosed. “We are very happy to add Fenergo to our investment portfolio. This investment will contribute to ABN AMRO’s strategic priority to build a future proof bank, which includes fighting financial crime. We are impressed with the management team and the solution Fenergo offers. Moreover, this gives us additional exposure to a group of tier-one investors,” Hugo Bongers, ABN AMRO Ventures Director.

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