Euroclear completed the acquisition of a 49% stake in Inversis from Banca March.

Euroclear, a provider of post trade services, completed the acquisition of a 49% stake in Inversis, a provider of global investment technology solutions and outsourced financial services, from Banca March, a bank in private and corporate banking. Financial terms were not disclosed. "We are delighted to join forces with Inversis, a highly attractive business which aligns with our ambition to offer a true end-to-end solution to our clients on the full spectrum of funds products across all regions in Europe and beyond. Inversis' diversified and resilient business model driven by continued growth perfectly complements Euroclear's business. As a European leader with a global presence committed to supporting the Capital Markets Union, Euroclear will improve its coverage in Spain, a market offering significant growth opportunities in the fund distribution space." Valérie Urbain, Euroclear CEO.