Announced
Completed
Financials
Tags
Asset Managers and Custodians
asset management
Switzerland
Acquisition
Cross Border
Majority
Private
Private Equity
Friendly
Single Bidder
Completed
Synopsis
IK Partners, a European private equity firm, completed the investment in Cinerius Financial Partners, an independent wealth management platform. Financial terms were not disclosed. "We look forward to the next chapter in our journey, drawing on IK’s extensive experience in the financial services sector. We believe that the IK team can help us realise our ambitions to further strengthen our position in the IWM marketplace through both organic and inorganic growth. We are grateful to have had the support of Summit Partners over the last two years and are pleased to see them reinvest in our dynamic company," Christoph Lieber, Cinerius Financial Partners CEO.
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