.
MergerLinks Header Logo

New Deal


Announced

Completed

FNZ completed the acquisition of Appway from Summit Partners.

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Cross Border

Single Bidder

Acquisition

Software

business management software

Switzerland

Majority

Private

Friendly

Private Equity

Completed

Synopsis

Edit

FNZ, a global wealth management platform, completed the acquisition of Appway, a provider of software designed to support the digital transformation of customer-focused organizations across the financial services, from Summit Partners, a private equity firm. Financial terms were not disclosed. "We are excited that FNZ and Appway are coming together to provide financial institutions with an unrivalled platform to accelerate their digital transformations, deliver significant operational efficiencies and improve the client experience," Adrian Durham, FNZ Group CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US