Montagu, a UK-based private equity firm, has agreed to acquire Multifonds in a carve-out transaction from its Swiss parent company, Temenos AG.
Established in 1995, Luxembourg-based Multifonds provides investment accounting and transfer agency software, administering over US$10 trillion in assets.
Its software supports essential back- and middle-office functions, including net asset value calculations, intra-day investment management, and investor lifecycle processes such as Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance.
Multifonds has been part of Temenos, a banking software provider headquartered in Geneva.
It is one of the few independent software providers in its sector, operating across Asia-Pacific, Europe, and Latin America.
Daniel Fischer, Partner at Montagu, commented:
“We have long admired Multifonds as a global platform providing essential fund accounting and transfer agency solutions to major clients. This aligns strongly with our investment focus.”
Featured image credit: edited from freepik
