Announced
Completed
Synopsis
Corsair, a private equity firm targeting services, software, and payments investments in financial services, completed the acquisition of a 30% stake in Xceptor, a global provider of end-to-end, no-code automation software, from Astorg Partners, a global private equity firm. Financial terms were not disclosed. “Having discussed our strategic priorities at length with Andrew and the team over the last few months, we are truly excited to welcome Corsair as a partner. We are convinced that the combination of Astorg and Corsair will help further accelerate Xceptor’s trajectory, particularly in the U.S., which is a priority market. The Corsair team has a great financial services pedigree and deep sector relationships, and we look forward to working closely with them to deliver on our ambitious plan,” François de Mitry and Jonas Samlin, Astorg Managing Partner and Director & Head of European Software.
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