corporate
Cresco is proud to have advised longstanding client Main Capital Partners and their Belgian platform company RiskConcile on the successful strategic acquisition of the UK-based FITZ Partners Ltd.
Main Capital Partners is a leading force in software investment with EUR 6 billion in assets under management, committed to continuous growth through strategic international expansion. Main Capital Partners has an investment portfolio constituted of at least 240 software investments. Main Capital Partners accomplished the acquisition through RiskConcile, its portofolio company headquartered in Leuven, wich is a leading software developer of risk and regulatory solutions for the financial sector and develops cutting-edge cloud-based software solutions that help asset and fund managers navigate complex data, risk, and regulatory requirements in the financial sector.
FITZ Partners Ltd, with a strong client base including global leaders such as BlackRock, Pimco and J.P. Morgan Asset Management, provides market-leading data solutions for fund cost analysis and benchmarking. The acquisition showcases their unwavering commitment to advancing innovation and growth.
RiskConcile and FITZ Partners Ltd join forces to create a pan-European provider of data, regulatory and risk technology for the fund industry.
This first add-on acquisition for RiskConcile underlines Main Capital Partners’ buy-and-build growth strategy and strengthens the combined group’s international position in technology solutions for the financial sector.
The Cresco team involved in this transaction included Glenn L’hoëst, Hussein Dagher, Emma Antonneau, Ward Verwaeren and Charles Groffils.
We sincerely thank all parties for the collaboration and congratulate them on this successful deal.
Jorn de Ruijter, Jorik Marcelis, Thomas Van Bever, Seppe S., Jan De Spiegeleer, Hugues Gillibert, Darren Thomas and the entire Main / RiskConcile and Fitz teams!
For more information please visit De Tijd.
In case of any questions, please do not hesitate to contact Glenn L’hoëst.
