Advised Odyssey Financial Technologies on its acquisition of Xeye, a provider of wealth-asset management platforms
We are pleased to announce that Arma Partners has acted as exclusive financial advisor to Odyssey Financial Technologies, S.A., the leading provider of wealth and asset management software solutions, on its acquisition of Xeye, Inc., a privately-held supplier of advanced solutions to top wealth management institutions, headquartered in Mississauga, Canada. Joining Odyssey will accelerate Xeye’s entry into global markets and increase investment in research and development. Odyssey’s solutions are unique in the wealth management technology industry: its components can be deployed in multiple combinations on a single scalable platform to address the challenges and business goals of leading global companies and regional financial institutions. This acquisition considerably enlarges Odyssey’s CRM and Advisory offer for the wealth management industry and substantially re-enforces its commitment and presence in the North American market.
Terms of the transaction were not disclosed.