Goldenhill International M&A Advisors today announced that it acted as M&A advisors to StatPro Group plc (AIM:SOG “StatPro”), the AIM listed provider of cloud-based portfolio analysis and asset pricing services for the global asset management industry, in its agreement to buy from ODDO BHF, its regulatory risk services bureau.
The acquisition adds a full, managed service for regulatory risk reporting capability, which will use StatPro’s existing Revolution platform, thus expanding the service delivery options for StatPro clients. It also adds ten new clients to StatPro’s client base in Germany and Luxembourg. The service will be marketed by StatPro throughout the EU.
Commenting on the contribution of Goldenhill, Justin Wheatley, StatPro CEO, commented:
“We value Goldenhill’s expertise and experience, especially in the Fintech sector, and it was a pleasure to work closely once again with them during this transaction.”.