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New Deal


Announced

Completed

Fenergo completed the acquisition of Sentinels.

Financials

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

Tags

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Completed

Friendly

Domestic

Private

Acquisition

FinTech

Single Bidder

Majority

financial software

Netherlands

Synopsis

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Fenergo, a developer of client and regulatory technology, completed the acquisition of Sentinels, a developer of a transaction monitoring platform designed to empower compliance experts. Financial terms were not disclosed. “Our shared goal of aiming to solve the increasing compliance and operational challenges facing financial institutions made Sentinels an ideal fit. By adding transaction compliance to our existing client onboarding and product origination solutions, financial institutions can monitor and review client behaviour and identify risks on an ongoing basis. This blended approach to financial crime makes us perfectly placed to address the rising compliance challenges faced by financial institutions more efficiently," Marc Murphy, Fenergo CEO.

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