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Announced

Completed

Canada Pension Plan Investment Board and Motive Partners led a $1.4bn funding round in FNZ.

Financials

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Transaction Value£1,032m
Consideration TypeCash
Capital Owned-
Capital Bid For7%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

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Friendly

United Kingdom

services for wealth management industry

services for financial institutions

FinTech

Venture Capital

Acquisition

Private Equity

Private

Cross Border

Completed

Minority

Single Bidder

Synopsis

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Canada Pension Plan Investment Board, a global investment management organization, and Motive Partners, a next-generation investment firm focused on technology enabled companies that power the financial services industry, led a $1.4bn funding round in FNZ, a financial services company that specialises in providing platform as a service investment platforms to major financial institutions. "Today's announcement represents a resounding endorsement of FNZ’s track record and future strategy. The company has successfully demonstrated exponential growth in the scale and depth of customer relationships and geographic expansion with platform revenues more than quadrupling in the past three years to over $1bn per annum, whilst also growing profitably and sustainably," Adrian Durham, FNZ Founder and CEO.

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