Announced
Synopsis
Regnology, a regulatory compliance company, agreed to acquire the regtech division from Charterhouse Capital-backed VERMEG, a provider of software solutions for the financial services industry. 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.
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