4 Acquisitions of Companies in the Asset Management Industry

January 15, 2023
Acquisitions Hub

Company acquisitions in the Asset Management industry always make headlines! Especially since related startups and technology companies have become very popular with private equity firms, strategic buyers and even family offices.

In this blog post, we are taking a closer look at 4 acquisitions that took place in the Asset Management industry.

House of Control acquired by Visma

Details about the transaction:

Acquisition amount:

$64,200,000

Announcement:

26 September 2022

Details about the company:

Software as a service (SaaS) solutions for contract administration and IFRS 16 compliance are created by the tech firm House of Control.

Headquarter:

Høvik, Akershus, Norway

Where to find them:

Industry:

Accounting, Asset Management, Contact Management, SaaS

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Oslo, Oslo, Norway

Where to find them:

JUMP Technology acquired by Clearwater

Details about the transaction:

Acquisition amount:

$73,719,927

Announcement:

29 September 2022

Details about the company:

Investment management software is offered by JUMP Technology.

Headquarter:

Paris, Ile-de-France, France

Where to find them:

Industry:

Asset Management, Finance, Risk Management, Software, Wealth Management

Details about the buyer:

A dependable and complete technological platform for investment accounting and analytics is Clearwater Analytics.

Headquarter:

Boise, Idaho, United States

Where to find them:

SenseHawk acquired by Reliance Industries

Details about the transaction:

Acquisition amount:

$32,000,000

Announcement:

6 September 2022

Details about the company:

For the infrastructure sector, SenseHawk is a SaaS supplier of data analytics, integration, and workflow management software.

Headquarter:

Saratoga, California, United States

Where to find them:

Industry:

Analytics, Asset Management, Construction, Drones, Infrastructure, Power Grid, SaaS, Software, Solar, Task Management

Details about the buyer:

Reliance Industries works in the petrochemical, textile, retail, and energy industries.

Headquarter:

Mumbai, Maharashtra, India

Where to find them:

SVM Asset Management acquired by AssetCo

Details about the transaction:

Acquisition amount:

$13,400,226

Announcement:

6 June 2022

Details about the company:

Global equity, investment, asset management, and financial services are offered by SVM Asset Management.

Headquarter:

Edinburgh, Edinburgh, City of, United Kingdom

Where to find them:

Industry:

Asset Management, Consulting, Financial Services

Details about the buyer:

AssetCo offers management and resources to worldwide markets' fire and rescue emergency services.

Headquarter:

Monmouth, Monmouthshire, United Kingdom

Where to find them: