15/11/2024
𝐖𝐞 𝐚𝐫𝐞 𝐝𝐞𝐥𝐢𝐠𝐡𝐭𝐞𝐝 𝐭𝐨 𝐚𝐧𝐧𝐨𝐮𝐧𝐜𝐞 𝐭𝐡𝐞 𝐬𝐮𝐜𝐜𝐞𝐬𝐬𝐟𝐮𝐥 𝐬𝐚𝐥𝐞 𝐨𝐟 𝐚𝐢𝐱𝐢𝐠𝐨 𝐭𝐨 𝐀𝐦𝐮𝐧𝐝𝐢 𝐟𝐨𝐫 €149 𝐦𝐢𝐥𝐥𝐢𝐨𝐧 𝐢𝐧 𝐜𝐚𝐬𝐡! 🎉
The acquisition of aixigo marks a significant milestone, reinforcing Amundi's position as a leading provider of technology and services for the financial sector. Integrating aixigo's high-speed, API-driven WealthTech platform into Amundi Technology will enhance its wealth management offerings while expanding its reach in key markets like Germany, Switzerland, and the UK.
For fronttrail Equity Partners, this marks the culmination of a transformative six-year journey with aixigo. During this time, we supported its evolution from a founder-led business to a managerial-driven software growth company, significantly increasing its scalability and securing major clients across DACH and the UK.
Founded in 1999, aixigo is a leading-edge software technology and service provider specializing in high-speed, API-driven WealthTech solutions that empower banks and financial institutions to deliver innovative digital wealth management services. Customers include leading wealth managers and retail banks such as Allianz Global Investors, BNP Paribas, Commerzbank, LGT, MLP, Raiffeisen, Targobank and Vontobel.
Founded in 2016, fronttrail Equity Partners is a specialized growth equity investor in European B2B software companies. We partner with extraordinary founders, entrepreneurs and management teams to rapidly transform their businesses into sustainable leaders and winners in their field.
A special thanks to Christian Friedrich, Tobias Haustein, Erich Borsch, Rüdiger von Nitzsch and Sascha Hancke as founders, Arnaud Picut, Hicham El Bonne, Stephan Hastenrath as managers, Roland Schlager as chairman, and the incredible aixigo employees for their dedication and innovation.
We are also deeply grateful to the outstanding team of Taylor Wessing, incl. Ernst-Albrecht von Beauvais, Daniel Mursa, Katrin Anwey, Rudi Hasenberg and Jan Feuerhake for their legal expertise and to the dedicated FinTech team of Perella Weinberg, incl. Timm Schipporeit, Cyrus Toumaj, Marius Hoffmann, Philipp Martens and Mahin Azhar for their financial guidance throughout this transaction.