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New Deal


Announced

Completed

FNZ completed the acquisition of New Access from BlackFin Capital.

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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Private

financial software

Acquisition

Switzerland

Cross Border

Majority

Private Equity

Single Bidder

Completed

Friendly

FinTech

Synopsis

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FNZ, a global wealth management platform, completed the acquisition of New Access, a private banking technology firm, from BlackFin Capital, a private equity firm. Financial terms were not disclosed. "FNZ's success has always been based on understanding the needs of our customers and providing them the solutions they need to grow their business. We are excited that FNZ and New Access are coming together to provide private banks and wealth managers with an unrivalled full service, end-to-end wealth management platform that will help them deliver significant operational efficiencies and improve the client experience," Adrian Durham, FNZ CEO.

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