Astorg and Bridgepoint acquisition of Fenergo
Torch Partners acted as financial adviser to Astorg and Bridgepoint on their agreement to acquire Fenergo, the leading provider of Know-Your-Customer (KYC) and Client Lifecycle Management (CLM) software solutions for financial institutions, from Insight Partners.
Established in 2009, Fenergo’s award winning SaaS platform provides solutions to some of the world’s largest and most complex financial institutions, supporting in the fight against financial crime, enhancing customer journeys and simplifying the compliance procedure. Fenergo works with top financial institutions including ICBC Standard Bank, Santander, Mizuho, ABN AMRO and BNP Paribas to digitally transform their end-to-end client lifecycle processes.
Astorg is a global private equity firm with over €10 billion of assets under management. The company invests in market leading global businesses headquartered in Europe or the US, providing them with the strategic guidance, governance, and capital required to achieve their growth goals. Astorg has offices in London, Paris, New York, Frankfurt, Milan, and Luxembourg.
Bridgepoint is an international alternative asset fund management group with over €26 billion of assets under management, providing private equity and debt solutions to the middle market. Bridgepoint invests internationally in six principal sectors - business services, consumer, financial services, healthcare, medtech & pharma, manufacturing & industrials and digital, technology & media - via a platform of offices in Europe, US and China.
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