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Euroclear acquires 49% stake in Inversis to expand funds business into Spain

Jul 19, 2024

Acquiring Company

Euroclear

Acquired Company

Inversis

BrusselsSpainFinancial ServicesFinancial ServicesFinanceLendingBanking

Description

Euroclear has acquired a strategic stake of 49% in Inversis, a leading provider of global investment technology solutions and outsourced financial services, headquartered in Madrid, Spain. Euroclear aims to become the full owner of Inversis by end 2027, with the purpose of accelerating the delivery of its funds' strategy and increasing its pan-European coverage thanks to Inversis' significant presence on the Spanish market.

Quick answer

Euroclear is acquiring Inversis, announced July 19, 2024. Euroclear is based in Brussels, Brussels, Belgium.

How much did Euroclear pay for Inversis?
The deal value was not disclosed.
What does Euroclear do?
Euroclear group is the financial industry's trusted provider of post trade services.
Where are Euroclear and Inversis based?
Euroclear is based in Brussels, Brussels, Belgium. Inversis is based in Spain.
Who are the decision-makers at Euroclear?
Fundz holds 2 contacts at Euroclear. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Euroclear

Location

Brussels, Brussels, Belgium

About

Euroclear group is the financial industry's trusted provider of post trade services. Euroclear provides settlement and custody of domestic and cross-border securities for bonds, equities and derivatives to investment funds. Euroclear is a proven, resilient capital market infrastructure committed to delivering risk-mitigation, automation and efficiency at scale for its global client franchise. The Euroclear group comprises Euroclear Bank, the International CSD, as well as Euroclear Belgium, Euroclear Finland, Euroclear France, Euroclear Nederland, Euroclear Sweden and Euroclear UK & International. The Euroclear group settled the equivalent of EUR 897 trillion in securities transactions in 2020, representing 276 million domestic and cross-border transactions, and held EUR 32.8 trillion in assets for clients by end 2020. For more information about Euroclear, please visit www.euroclear.com.

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Frequently asked

Who acquired Inversis?

Inversis was acquired by Euroclear, based in Brussels. The deal was reported on July 19, 2024. Euroclear group is the financial industry's trusted provider of post trade services. Euroclear is privately held and operates in Financial Services.

When did Euroclear acquire Inversis?

Euroclear's acquisition of Inversis was reported on July 19, 2024. Euroclear has acquired a strategic stake of 49% in Inversis, a leading provider of global investment technology solutions and outsourced financial services, headquartered in Madrid, Spain. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Inversis do?

Inversis is a fully-owned subsidiary of the Spanish investment bank and financial services company Banca March. It is privately held, operating in Financial Services, and is based in Spain.

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