Cathay Capital-owned Finance Active, a France-based software developer focusing on debt and financial risk management, has acquired a 70% stake in Germany-based Verifino.
Founders of the online Alpine tourism platform will continue to hold a stake in the business
Company intends to use the fresh capital to further boost its expansion across Europe and scale up its team
Sale process was initiated by Courtepaille's PE sponsor Intermediate Capital Group, which filed for a receivership procedure in July
Switzerland-headquartered Hermes Capital Group acquired Mattenbach in November 2019