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Home / Deals / Arma Partners advises Torstone Technology on its sale to FIS

Arma Partners advises Torstone Technology on its sale to FIS
Feb 2024
acquired by
  • Sector: Fintech, WealthTech & InsurTech
  • Deal Type: Strategic Deals; Founder-led Businesses
  • Engagement type: Sellside
  • Size: <$200m
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  • Region Deals
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Arma Partners is pleased to announce that it has acted as exclusive financial advisor to Torstone Technology on its sale to FIS.

Headquartered in London, UK, Torstone Technology provides a single, cross-asset cloud-based platform to manage the entire post-trade workflow, serving customers globally. Operating in a fast-changing regulatory landscape, Torstone enables financial institutions to drive operational efficiency, achieve greater control and minimise risks.

Partnering with FIS and leveraging its scale and distribution capabilities, Torstone is expected to further accelerate its growth and significantly expand in North America.

The transaction highlights Arma Partners’ deep sector expertise in Capital Markets Technology and further underscores the firm’s ability to deliver successful outcomes on sales of UK headquartered businesses to US strategic buyers.

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