Submission Date: 11/04/21
UK private equity Buy & Build specialist Sovereign Capital Partners recently announced that portfolio company ACOLIN, a leading provider of regulatory and cross-border fund distribution services, has acquired Fundbase, a digital fund distribution and data management business, from Swiss FinTech business Nectar Digital Wealth.
Fundbase provides asset managers with access to professional investors through a digital marketing and communication portal. For investors, it delivers a sophisticated data and document management offering to track selected funds. A wide selection of professional services firms worked on the deal, with James Cowper Kreston Corporate Finance providing the financial due diligence for ACOLIN and Sovereign Capital Partners.
Funding: Sovereign Capital
Financial Due Diligence: James Cowper Kreston