Announced
Completed
Financials
Sources
Tags
Private
Acquisition
Single Bidder
Finland
Friendly
Majority
cash management
Asset Managers and Custodians
Private Equity
Cross Border
Completed
Synopsis
Inflexion, a private equity firm, completed the acquisition of a majority stake in Nomentia, a treasury and cash management software provider, from PSG Equity, a growth equity firm, and Verdane,, a specialist growth investor. Financial terms were not disclosed. "Nomentia is a market leading SaaS business benefitting from a best-in-class offering for its clients. Now is the right time for the business to accelerate its growth across Europe whilst continuing to maintain its high level of customer service. We look forward to supporting Jukka and the team as Nomentia further penetrates the European market both organically and through acquisitions," Flor Kassai, Inflexion, Partner and Head of Buyout Fund.
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