Euroclear acquires a 49% stake in Inversis, with plans for full ownership by 2027, enhancing funds platform solutions.
Euroclear acquires a 49% stake in Inversis, with plans for full ownership by 2027, enhancing funds platform solutions.
Euroclear has announced a major strategic move by acquiring a 49% stake in Inversis. Euroclear will fully own Inversis by the end of 2027. The financial specifics of the deal remain undisclosed, and the transaction awaits customary closing conditions and regulatory approvals.
Inversis is a wholly-owned subsidiary of Banca March. The company offers a comprehensive range of services, including funds platform services, securities outsourcing, intermediation, funds depository, and more, catering to financial institutions, insurance companies, and emerging investment product distribution market players.
This acquisition is part of Euroclear’s broader strategy to expand its Euroclear FundsPlace offering. This end-to-end funds platform solution encompasses mutual funds, money market funds, alternative funds, and ETFs. Euroclear has been enhancing its portfolio through acquisitions, such as MFEX in 2021, Goji in 2023, and a recent strategic investment in IZNES. The partnership with Inversis will bolster Euroclear’s pan-European coverage, leveraging Inversis’ strong presence in the Spanish market.
Inversis will benefit significantly from Euroclear’s extensive international reach and established capabilities as a leading capital market infrastructure provider. This agreement is expected to enhance Inversis’ global footprint by consolidating in Luxembourg through acquisitions of Banque Havilland’s depositary business and a 40% stake in Adepa. The deal will also support Inversis’ large client business line.
Valérie Urbain, CEO of Euroclear, expressed enthusiasm for the partnership, highlighting Inversis’s alignment with Euroclear’s ambition to offer comprehensive solutions across the funds product spectrum in Europe and beyond. Urbain emphasized that the acquisition will improve Euroclear’s coverage in Spain, a market with significant growth opportunities.
José Luis Acea, CEO of Banca March, noted the strategic growth Inversis has achieved under Banca March’s ownership and recognized Euroclear as the ideal partner to further expand Inversis’ global footprint. Alberto del Cid, CEO of Inversis, also remarked on the enhanced value proposition for Inversis clients, bolstered by Euroclear’s FundsPlace solution, positioning Inversis as a leading global player in fund distribution.
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