Advised Crealogix, an independent Swiss software house and the market leader for Digital Banking in Switzerland, in its acquisition of MBA Systems, a UK-based leading supplier of innovative web-based solutions and services to the securities and wealth management industries.
Goldenhill advises CREALOGIX in its acquisition of MBA Systems
Another completed Fintech acquisition advisory project for Goldenhill
January 26, 2015 – Goldenhill International M&A Advisors today announced that it acted as M&A advisor to the CREALOGIX Group (“CREALOGIX”) in its acquisition of MBA Systems Ltd (“MBA”), a privately owned UK-based Fintech company and leading supplier of innovative web-based solutions and services to the securities and wealth management industries.
With this move, CREALOGIX, the Quoted Swiss based technology group ranked in the global FinTech Top 100 list, strengthens its presence in the UK market and gains an established customer base of over 30 banks, brokers and wealth managers. The transaction complements the current solution portfolio in digital banking and accelerates CREALOGIX’s move into subscription based and hosted services.
This acquisition is an important step for CREALOGIX in becoming a leading Fintech player in the UK and in growing its international business. The acquired portfolio of solutions and clients in the securities and banking sector perfectly complements the strategy of CREALOGIX as an innovative enabler for the digital bank. It allows existing and future customers to benefit from an even broader range of digital offerings from a single source.
MBA Systems is a leading UK-based supplier of online information and transaction systems to many leading brokers, wealth managers and international banks. It supports and hosts systems from its own secure data centre. Integrated into its existing offerings, CREALOGIX will be able to offer a high quality and efficient “Brokerage-as-a-Service,” easily available via open APIs. CREALOGIX will also enrich this offering with further next generation digital banking services.
Commenting on the contribution of Goldenhill to the just completed transaction, said Bruno Richle, Chairman and CEO, CREALOGIX Group, “We have been working with Goldenhill to assist us in all aspects of the acquisition process of MBA Systems Ltd as announced today. They have demonstrated commitment and expertise and their knowledge of the Fintech sector and experience in the M&A process has been of tangible value to us.”
The CREALOGIX Group is an independent Swiss software house and the market leader for Digital Banking in Switzerland, ranked in the global FinTech Top 100 list. CREALOGIX develops and implements innovative Fintech solutions for the digital bank of tomorrow. The focus is placed on changed customer needs for mobility, security, personalised advice and education within a comprehensive user experience. Established in 1996, the Group has around 300 employees worldwide and generates CHF 50 million in revenue. The shares of CREALOGIX Holding AG (CLXN) are traded on the SIX Swiss Exchange.
About Goldenhill International M&A Advisors
With offices in London, San Diego and Buenos Aires, Goldenhill’s business is to advise our clients in M&A engagements. Our engagements include providing services to Sellers or Buyers in M&A projects in the UK, USA, Continental Europe, Latin America, Canada and Australia. We have extensive experience and a specific emphasis in financial technology businesses and many of our engagements result in cross-border transactions.
January 26, 2015