Anchorage to acquire GBST from FNZ.

Anchorage, a global private equity fund, agreed to acquire GBST, a financial technology provider from FNZ, a global wealth management platform. Financial terms were not disclosed. “This is a key milestone for GBST, and we are delighted to have been acquired by Anchorage Capital Partners, which has a strong reputation of investing in organisations like ours with outstanding market potential and an enviable list of Tier 1 financial services clients. We are pleased to have the support of Anchorage to drive continued growth, including expansion in key existing markets such as the UK and Australia,” Rob DeDominicis, GBST CEO.