
Montagu's Universal Investment buys CapInside
Fund administration business Universal Investment, a portfolio company of Montagu Private Equity, has acquired Germany-based B2B online investment platform CapInside.
The acquisition is expected to build on synergies between the two platforms, both of which focus on matching investors with fund managers. Both companies also expect to see new opportunities for digital cooperation, according to a statement.
CapInside founders Philipp Schröder and Achim Denkel, as well as managing director Micha Grüber, will remain in their roles and will retain stakes in the business.
Jürgen Sehnert, head of strategy and product governance at Universal Investment, will be appointed as a managing director at CapInside.
Montagu acquired Universal-Investment from Berenberg and Bankhaus Lampe in September 2016. The GP invested via Montagu V, which held a final close in August 2015 on €2.75bn. Unicredit, IKB, ING and Commerzbank provided a €126m senior debt package to support the deal.
During the investment period, Universal Investment also acquired Labs, a data and asset manager front office service.
Company
CapInside is a B2B online investment platform that focuses on fund marketing and sales initiation. The company allows its clients to invest in a range of asset classes and markets, as well as in response to various mega-trends ranging from healthcare to impact investing. It also provides its customers with investment analysis and matches investment managers with customers using AI-backed algorithms. Founded in 2018, CapInside employs 40 people and is based in Hamburg.
People
Montagu Private Equity – Daniel Fischer (director).
Universal Investment – Michael Reinhard (CEO); Katja Müller (chief customer officer).
CapInside – Philipp Schröder (founder, CEO).
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