Goldenhill Technology Advisors today announced that it acted as M&A advisor to Princeton Financial® Systems LLC (“Princeton Financial”), a subsidiary of State Street Corporation, in its just completed acquisition of Aquin Components GmbH (“Aquin”), one of Europe’s leading software providers for international asset management and the fund industry and market leader in investment compliance.
Aquin is an established provider of middle and back office solutions with a strong presence in Europe, having its primary operation located in Germany. The acquisition will allow Princeton Financial to significantly expand and accelerate their leadership and product offerings to the global marketplace. Princeton Financial’s strong back office PAM accounting product will complement Aquin’s investment compliance, order management, fund warehouse, reporting, and NAV reconciliation offerings.
The acquisition of Aquin by Princeton Financial is the result of a thorough research, identification, analysis and negotiation process in which Goldenhill assisted and advised Princeton Financial from beginning to end. This project with Princeton Financial also represents another example of Goldenhill’s ability to execute an international project for its clients in the Financial Technology (“FinTech”) sector as well as in other technology market sectors.
Noting the contribution of Goldenhill to the just completed transaction, Mr. Brian Buchinski, Managing Director of Princeton Financial stated:
“the team at Goldenhill has provided us with exceptional service as they worked with our team to identify, evaluate and select Aquin as the appropriate acquisition opportunity. Their international presence, knowledge of the FinTech sector and experience in the M&A process has been of great value to us in this project. Goldenhill’s dedication and perseverance in the transaction never wavered and we look forward to continuing our working relationship with them.”