Prague, Czech Republic; Budapest, Hungary and London, United Kingdom– 13 October 2021 Hampleton Partners, the worldwide M&A and business financing advisory company for innovation business, has actually encouraged Banking Software Company s.r.o., a 300- individual strong leading company of digital banking options, on its deal with PortfoLion Zrt., a prominent financier with a performance history of effectively purchasing Central and Eastern Europe and W.UP with its AI-based digital personalisation platform which matches BSC’s portfolio completely.
Banking Software Company and its flagship item Digital Banking OS assist retail, business & financial investment and wealth management banks to shift from product-centric to customer-centric companies by permitting them to manage digital cross-channel consumer journeys. The deal contributes in the production of a brand-new Central European digital banking powerhouse with PortfoLion as monetary sponsor, integrating the Banking Software Company, running in the Czech Republic, Slovakia and Russia, together with W.UP operating in Hungary and the United Kingdom. The management and investors of the Banking Software Company and W.UP all are remaining in the combined organization.
Petr Koutný, CEO of Banking Software Company, stated: “Hampleton led a structured procedure, created significant interest from numerous celebrations and assisted us develop a great collaboration with the ideal partners for our technique moving forward. The Hampleton group dealt with us from the start all the method through the whole deal procedure as much as closing. We are thrilled to start the cooperation with PortfoLion and W.UP, speed up the advancement of our platform and continue providing worth to our clients.”
Miro Parizek, Principal Partner and Founder at Hampleton, stated: “we are happy to have actually recommended Banking Software Company on business mix with W.UP and the financial investment from PortfoLion. The executive group at Banking Software Company has actually constructed an outstanding footprint in the CEE area, and we are delighted to see the group even more strengthen their prominent position in digital banking sector.”
The engagement was led by Miro Parizek, with Tim Stemkens supporting the deal at Hampleton.
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