BlackFin Capital Partners completed the acquisition of IBS Capital Allies.

BlackFin Capital Partners, a Paris-based private equity firm, completed the acquisition of IBS Capital Allies, an investment management firm based in Amsterdam. Financial terms were not disclosed. “This acquisition is the next step in strengthening our position as an independent wealth manager in the Netherlands. With BlackFin as our new shareholder, we see opportunities to significantly invest in the company, enabling us to serve our clients even better. Additionally, IBS will act as a scalable platform for future acquisitions in the Netherlands, leveraging all its licenses," Harold Knebel, IBS CEO.