Advised Fenergo, a leading provider of Client Lifecycle Management solutions, on its growth equity investment from Insight Venture Partners and Aquiline Capital Partners
Jul 2015
growth investment by
$93 million
  • Sector: Fintech, WealthTech & InsurTech
  • Deal Type: Founder-led Businesses; Private and Growth Capital; Private Equity Deals
  • Engagement type: Fundraise
  • Size: $93 million
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Arma Partners is pleased to announce that it has acted as exclusive financial adviser to Fenergo Group on its $75 million growth equity investment by Insight Venture Partners.

Fenergo is an award-winning provider of enterprise Client Lifecycle Management platform solutions designed to help financial institutions manage the end-to-end regulatory onboarding process. In 2015, Fenergo made its debut on the RiskTech100®, the list of the top 100 risk technology providers in the world.

This transaction demonstrates Arma Partners’ continued strength in raising growth equity for Financial Technology businesses.

– Founded in 2012, Fenergo is an award-winning Client Lifecycle Management software solutions provider

– It offers client and counterparty data management, regulatory compliance management and client onboarding lifecycle management solutions to banking clients

– In 2015, Fenergo made its debut on the RiskTech100®, the list of the top 100 risk technology providers in the world

– The company is headquartered in Dublin, Ireland

– Insight Venture Partners is a global private equity and venture capital firm investing in growth-stage software, e-commerce, internet and data-services companies

– Since its inception in 1995, Insight raised more than $8+ billion and invested in more than 200+ companies

– Insight is headquartered in New York with multiple offices in Europe, Asia and the Americas

–Aquiline Capital Partners is a specialist investor in Financial Technology and Services

–Aquiline has invested over $2 billion since 2005 in 30 mid-market financial services businesses in North America and Europe

– Insight acquired a majority stake and Aquiline acquired a minority stake from the founders, management and institutional investors

– Marc Murphy, the CEO, along with other senior management, board members and institutional holders re-invested alongside Insight and Aquiline

– Marc Murphy and majority of the senior management team will continue to run and develop the company

– Insight and Aquiline will support Fenergo in accelerating its international expansion into new geographies and markets as well as further developing its compliance and regulatory software solutions

– Arma Partners supported the company in the exit process, including financial analysis, strategic positioning, valuation, marketing materials preparation and initiated contact with both strategic and private equity funds

– Insight Venture Partners and Aquiline Partners emerged as the most attractive bidder for the business and Arma, together with the management team, consequently worked towards a very tight and compact timeline to complete the deal

– This transaction demonstrates Arma Partners’ continued strength in raising growth equity for financial Technology businesses in particular