Arma Partners advises Isabel on the €325m sale of its portfolio of cloud-based financial workflow and data solutions to Wolters Kluwer
Arma Partners is pleased to announce that it has acted as exclusive financial advisor to Isabel on the €325m sale of its portfolio of cloud-based financial workflow and data solutions to Wolters Kluwer.
Over the past five years, Isabel Group has successfully built a business activity focused on digitalising the accountancy sector across Belgium and France. The portfolio, comprising of CodaBox, ClearFacts, Clearnox, Zoomit and Flowin, facilitates the seamless, secure transfer of financial and other relevant data, addresses the e-invoicing compliance needs of accounting professionals and small-and-midsize enterprises, and supports the digitalisation of the accounting sector, bringing increased efficiency and improving clients’ experience. The sector has experienced strong growth in recent years in a market that is still fragmented.
Partnering with Wolters Kluwer will further accelerate the development of the business and its product range, providing end-to-end coverage of the accountants’ workflow from pre-accounting to post-accounting.
This transaction underscores Arma Partners’ position as a leading advisor in Financial Technology, delivering exceptional outcomes in complex carve-outs.