Goldenhill International M&A Advisors today announced that it acted as exclusive M&A advisor to WSD, a leading provider of document and workflow automation software solutions to the global structured products industry. WSD’s document, workflow, connectivity and data solutions enable straight-through processing and deliver improved efficiency, accuracy and insight for its capital markets clients.
The complexity of structured products requires a high volume of associated legal and regulatory documents which have historically been drafted manually. Founded in 2009 by Mathias Strasser, WSD offers software solutions that automate the creation and management of these documents thereby reducing cost, increasing efficiency and improving the accuracy of the data provided to its clients, which include leading global investment banks.
WSD serves its global Tier 1 clients with a staff of almost 100 people and has achieved revenue growth of over 15% per annum since 2019. Bowmark’s investment will help accelerate delivery of the company’s product development roadmap and extend WSD’s infrastructure across North America, Europe and Asia.
Remarking on the value of Goldenhill’s participation in the process, WSD’s CEO Mathias Strasser said:
“We chose to work with Goldenhill in light of their sell-side experience and previous transactions in the capital markets technology and wider FinTech sectors. We worked directly with the firm’s partners and associates, who expertly guided us through the transaction. Their experience and subject-matter knowledge allowed us to find the best buyer for our business and resulted in a successful deal for WSD.”