Infront AS has entered into an agreement for the acquisition of Assetmax AG. The acquisition represents an important milestone for Infront as the company further strengthens its product offering for wealth management customers across Europe.
The transaction is expected to be completed by the end of September at the latest, subject to customary conditions.
“We are very excited to welcome Assetmax to the Infront family. We look forward to working closely with its founders and wonderful team to continue their impressive organic growth, while developing best-in-class solutions for buy-side customers”, commented Zlatko Vucetic, CEO of Infront. The Assetmax portfolio management solution will strengthen the Infront Wealth Management suite.
Massimo Ferrari, CEO and co-founder of Assetmax said, “As part of Infront’s pan-European team, we will be able to both enhance our solution for current customers and introduce the Assetmax solution to new customers. European wealth management advisors need the solutions and data that we can provide together. I’m thrilled to be joining the Infront team at this exciting time for European financial markets.”