CPPIB spending $690M for minority stake in software firm Regnology
Summary
Frankfurt-based Regnology makes software focused on regulatory reporting solutions for financial institutions. CPP Investments says the injection of funding will help the company, which has more than 35,000 financial institutions using its software, to expand into more international markets. Sam Blaichman, head of direct private equity at CPP Investments, says in a statement that Regnology has a leading position in attractive and resilient markets, and he expects the investment will deliver attractive risk-adjusted returns. CPP Investments did not disclose the specific terms of the deal, which it expects to complete in the first quarter of 2025.
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industries
Fintech & Banking
applications
Accounting and Taxes
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Linked Companies
BearingPoint Business Services
$50M to $100M