PFSTECH to acquire finstreet.

Synopsis

PFSTECH, a multinational company with headquarters in Madrid, agreed to acquire finstreet, a German software and solution provider in the field of onboarding, origination, and digital consulting for the financial services industry. Financial terms were not disclosed. This move strengthens PFSTECH’s presence in the European market, in the financial and non-financial sectors, while broadening its range of products.

Principals

target

FINSTREET

bidder

PFSTECH

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Market Context

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Seller Team (1)

jens woloszczak

Managing Director at FINSTREET

Manager

target

Deal

n/a

Total Value

Bidder Team (2)

agustín rodríguez

CEO at PFSTECH

Manager

bidder

Deal

n/a

Total Value

christian krebs

Partner at Jones Day

Lawyer

bidder

Deals

£ 6.59 B

Total Value

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