GIMV and Capco in stategic partnership for e-finance investments

GIMV and Capco, the services and technology solutions provider focused entirely on the financial services industry, have announced a partnership for e-finance investments within the European technology and financial services industry. The partnership provides GIMV with access to Capco’s knowledge base, industry expertise and e-finance opportunities. Capco will act as an advisor to GIMV, performing due diligence for European investments, and receives co-investment rights. As part of the agreement, GIMV will introduce Capco to its portfolio companies as preferred supplier of financial services and solutions. Likewise, Capco will propose GIMV as its preferred private equity partner.

Bart Diels, executive manager at GIMV responsible for e-finance investments, comments: “The main drivers for GIMV for closing this partnership are the access to Capco’s knowledge base, its reputation in the financial services industry and the right of first refusal on the European investment opportunities received through the Capco network. This partnership will not only increase GIMV’s dealflow in this area but will also allow us to better support our portfolio companies. GIMV’s ICT department has considerable experience with investments in the e-finance space, such as Beyers & Partners (treasury and risk management software), Business International (banking and insurance solutions), CR2 (channel banking software), Europeloan (virtual mortgages bank), Europesave (virtual savings bank) and FICS (internet banking and regulatory reporting). Successful exits were realised through the merger of FICS into S1 and the trade sale of Beyers & Partners to XRT-CERG.â€

• Tweet  
• Facebook  
• LinkedIn  
• Google plus  
• Send to  

• Topics
• Benelux
• Financials