Goldenhill International M&A Advisors today announced that it acted as exclusive M&A advisor to Athena Investment Systems Inc., the provider of Athena Spark, the leading solution for investment decision support and automation, providing asset managers and prime brokers with complete front office and back-office functionality to ensure their trading and portfolio management operations are handled as efficiently as possible, in the recently announced sale to United FinTech.
Used by 50+ firms globally, Athena uses state-of-the-art technology to provide portfolio analytics, risk, P&L, compliance, order management & accounting while providing security, control, and integration beyond comparison.
As part of this acquisition, United FinTech has obtained a 25% stake in Athena Systems, planning to obtain another 26% in two years and the remaining 49% in three years, in a transaction onboarding the company, its clients and employees onto United FinTech’s digital platform. Athena Investment Systems Inc., fits hand-in-glove with United FinTech’s strategy of acquiring attractive and state-of-the-art Capital Markets software products ready for scaling and global roll-out.
Commenting on the value of Goldenhill’s role in the process, Luis Otero, CEO of Athena Investment Systems Inc., said: “Goldenhill’s specialist knowledge and expertise of the FinTech sector resulted in the successful sale to United FinTech. The team assisted throughout the entire process and were a pleasure to work with. We would not hesitate in recommending them to other firms looking to engage in the M&A process.”