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Announced

Completed

EQT and Vitruvian Partners completed a £2.5bn investment in CFC.

Financials

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Transaction Value£2,500m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

Completed

Banks

United States

Private Equity

Minority

Private

Acquisition

Cross Border

Friendly

insurance provider

Synopsis

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Private equity firms EQT and Vitruvian Partners completed a £2.5bn ($3.3bn) investment in CFC, a banking software provider. “We’re delighted to welcome EQT as an investor alongside Vitruvian. Both EQT and Vitruvian’s focus on high-growth technology companies and commitment to creating a positive impact through their portfolios is a natural fit with CFC and our ethos as an independent, employee-owned business. EQT’s investment, and Vitruvian’s reinvestment, is testament to CFC’s track record of delivering strong, profitable growth underpinned by the expertise of our people and our history of market-leading technology innovation," Dave Walsh, CFC Founder.

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