Norwegian financial data company Infront has entered into an agreement for the acquisition of Swiss wealthtech platform Assetmax. Details of the deal was not disclosed.
The transaction is expected to be completed by the end of September at the latest, subject to customary conditions.
The acquisition represents an important milestone for Infront as the company further strengthens its product offering for wealth management customers across Europe.
“We look forward to working closely with Assetmax to continue their impressive organic growth, while developing best-in-class solutions for buy-side customers,”
commented Zlatko Vucetic, CEO of Infront.
“As part of Infront’s pan-European team, we will be able to both enhance our solution for current customers and introduce the Assetmax solution to new customers.”
said Massimo Ferrari, CEO and Co-founder of Assetmax.
Featured image credit: Edited from Unsplash
