The deal will see Multifonds emerge as a standalone entity, remaining under the leadership of its current management team.

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Atea ASA (ATAZF – Research Report), Fortinet ...

Swiss core banking vendor Temenos has offloaded its asset administration business Multifonds to Montagu Private Equity for $400 million.

Shares of Temenos Group AG (SIX:TEMN) edged up 1% following the announcement of the disposal of its Multifonds unit for an enterprise value (EV) of approximately $400 million.

Montagu, a leading private equity firm, has announced that it has agreed to acquire Multifonds in a carve-out transaction from its corporate parent, Temenos AG (“Temenos”). Founded in 1995, Multifonds ...

UPDATED. Montagu has agreed to acquire Temenos’ global fund accounting software business Multifonds in a carve-out transaction. The total enterprise value is around $400 million, including an earnout.

Temenos has announced the appointment of Sairam Rangachari as Chief Product Officer, effective immediately. Reporting to ...

Last week's CHF234m market cap gain would probably be appreciated by institutional investors, especially after a year of 12% losses. Let's delve deeper into each type of owner of Temenos, beginning ...

The timing is significant, as financial institutions transition from experimental AI implementations to production ...

UK-based specialist lending and savings bank will use Temenos Business & Corporate Enterprise Service to rapidly deploy new products and increase efficiencyGRAND-LANCY, Switzerland, Feb. 04, 2025 ...

Tech Mahindra (NSE: TECHM), a leading global provider of technology consulting and digital solutions to enterprises across ...

Montagu, a UK-based private equity firm, has agreed to acquire Multifonds in a carve-out transaction from its Swiss parent ...