Funds managed by Alpina Management GmbH (“Alpina Partners”, “Alpina”) invested in FINAplus GmbH (“FINAplus”, “Group”), a wealth management software platform comprising PS plus Portfolio Software + Consulting GmbH (“PSplus”) and FinaSoft GmbH (“FinaSoft”). The current management team will retain a substantial stake in the business and will support the next growth phase of the Group.
PSplus offers a comprehensive back-office suite for portfolio management while FinaSoft provides a modern full-service wealth management SaaS platform facilitating the interaction between advisors and customers. In addition, both companies provide consulting and support services. With over 70 employees, the Group is a well-respected player in the wealth management software market and serves a broad customer base of small and medium-sized asset managers, banks, and family offices. Over the last few years, FINAplus has shown significant double-digit recurring revenue growth.
FINAplus is expecting significant future growth – organically as well as via bolt-on acquisitions. Alpina’s investment will support this strategy and enable the Group to become one of the leading wealth management software platforms for asset managers, banks, and family offices in its core markets. Christian Hank, CEO of FINAplus comments: “PSplus and FinaSoft have been working together closely since 2017. Launching FINAplus and bringing an experienced technology investor on board is a logical next step on our envisaged growth path. The Group is primed to become a true leader in its space”. Florian Strehle, a Partner at Alpina adds: “We have been impressed by the development of both companies over the past few years. The Group stands out due to its product offering and the highly skilled employees. FINAplus is the ideal nucleus for a platform in this attractive market. We look forward to partnering with this outstanding team.”
The purchaser was advised by Florian Aigner emnay law firm (legal), AC CHRISTES & PARTNER (financial, tax), OMMAX (commercial, technology) and TZ Consulting (IP). The sellers were advised by Nieding + Barth (legal) and Dr. Schlax Consult (financial, tax). The key contacts at Alpina for the transaction are Florian Strehle and Philipp Scheller.
Alpina Partners is an independent European technology investment firm focusing on leading businesses with strong USPs in the B2B software, technology-enabled business services and industrial technologies sector. Alpina is a long-term investor aiming at sustainable value growth.