– 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