Amethis acquires majority stake in Capital Banking Solutions
Amethis takes a majority stake in Capital Banking Solutions, a European player in the banking software market.
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Private equity firm Amethis, through its European strategy aimed at supporting SMEs in their internationalisation, has taken a majority stake in Capital Banking Solutions (CBS).
CBS, headquartered in Paris, France, offers banking solutions tailored to international banks in Europe, Africa, the Middle East and America.
The company currently offers two flagship solutions, each complemented by satellite products available on a standalone basis:
CapitalBanker: the Core-Banking product range, with CapitalBanker as its main solution, is designed to meet the needs of financial institutions (retail, corporate, microfinance, treasury or postal banks), with this agile banking ERP offered as a cloud-based solution or on-premise in Europe, Africa, the Middle East and America.
CapitalPrivate: a front-office wealth management solution for European private banks and wealth management specialists, designed to provide portfolio management, CRM and compliance tools within a single digital platform.
Amethis will support CBS to accelerate its organic growth, especially internationally. Amethis will also support CBS in its external growth strategy, with the acquisition of players that will enable the company to extend its geographical coverage and/or strengthen its existing solutions.
Samer Hanna, president and founder of CBS commented: “We are delighted about the entry of Amethis into CBS’s capital. Amethis, and its partnership with Edmond de Rothschild Private Equity, bring extensive experience through their investments in Europe, Africa, and the Middle East. Nicolas Manardo and Romain Gauvrit, along with the entire Amethis team, share our vision of a successful future across the regions in which we operate. Amethis will support CBS in its external growth and global reach. Together, we will shape a future where innovation, growth, and productivity converge harmoniously. For CBS, this new step marks the opening up of new and very positive perspectives for our development.”
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