Montagu poised to acquire Multifonds 06 February 2025Luxembourg Reporter: Clelia Frondaroli
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Montagu is set to acquire Multifonds from its corporate parent, Tenemos.
Multifonds, a provider of global fund accounting software, has been part of Tenemos since 2015. However, after the closure of the transaction, Multifonds will begin operating as a standalone company and will continue to be led by its existing management team in Luxemburg.
Commenting on the acquisition, Jan Stypulkowski, partner at Montagu, says: “We are delighted to bring Montagu’s sector knowledge and value creation expertise to support the company to unlock further international growth, and we look forward to working with Oded and his team to start this exciting next chapter.”
Oded Weiss, CEO of Multifonds, adds: “We are excited about partnering with Montagu for our next phase of growth as a standalone business. Their shared ambition for future growth through existing and new clients aligns well with our vision for Multifonds.”
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