Regnology to acquire the RegTech division of Charterhouse Capital-backed VERMEG.

Regnology, a global provider of software solutions for supervisory, regulatory, and tax reporting, agreed to acquire the RegTech division of Charterhouse Capital-backed VERMEG, a specialized software house covering these main markets: banking, capital market, and insurance. Financial terms were not disclosed. "This transaction aligns with VERMEG's strategy to ensure long-term sustainability and success for both the company and its employees. At the same time, VERMEG can focus on strategic initiatives in its core Banking & Market Infrastructure and Insurance divisions, leveraging additional resources to deliver even greater value to our clients," Badreddine Ouali, VERMEG Co-CEO and Founder.