Announced
Completed
Financials
Sources
Tags
Single Bidder
Completed
Banks
United States
Private Equity
Minority
Private
Acquisition
Cross Border
Friendly
insurance provider
Synopsis
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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