Transaction Summary:

 

Advised Infront, the Oslo Stock Exchange listed provider of a unique combination of global market data, news, analytics and trading tools, in its agreement to acquire VWD, a leading German provider of comprehensive solutions covering data and feed, portfolio and advisory, regulatory and calculation, and publication and distribution solutions.

Goldenhill advises Infront in the acquisition of VWD

Infront entered into an agreement to acquire 100% of the shares in vwd Group GmbH (“VWD”)

 

April 12, 2019 – Goldenhill International M&A Advisors today announced that it acted as M&A advisor to Infront ASA (OSE: INFRNT “Infront”) in an agreement to acquire 100% of the shares in vwd Group GmbH (“VWD”) thereby becoming the third largest provider of financial market data to professional investors in Europe. The purchase price is EUR 130 million, the seller of VWD is a fund managed by The Carlyle Group.

 

The acquisition of VWD closely follows the acquisition in late 2018 of Market Connect, a transaction in which Goldenhill also advised Infront.

 

VWD is a leading German provider of comprehensive solutions covering data and feed, portfolio and advisory, regulatory and calculation, and publication and distribution solutions. With approximately 400 employees and headquarters in Frankfurt, the company has established a strong market position in the DACH and Benelux regions of Europe. Infront, with 140 employees, is market leader in the Nordics, and has shown strong growth in new markets such as the UK, South Africa and Italy with its professional and user-friendly real-time solutions for financial market data, trading, analysis and news. Together, Infront and VWD will be a leading full-service provider to the European financial markets, posing a concrete challenge to the established American solutions.

 

Commenting on the contribution of Goldenhill to the acquisition, Kristian Nesbak, Infront’s CEO and co-founder said, “We were very pleased to once again work closely with Goldenhill during this process. We have chosen to work with Goldenhill because of their focus in the Fintech sector, their relevant experience and international reach which ultimately has resulted in these transactions.”

 

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, U.S., Continental Europe, Latin America, Canada, Australia and South Africa. We have extensive experience and a specific emphasis in the financial technology (Fintech), human resources technology (HRtech), IT services and human capital sectors. The majority of our engagements result in cross-border transactions.

 

Date
Category
Buy Mandates, FinTech