Corlytics Is Acquired by Verdane

Technology & Services

Corlytics sale to Verdane


Summary

Corlytics Limited (“Corlytics” or the “Company”) has agreed to be acquired by Verdane. Terms of the transaction were not disclosed.

Baird served as the exclusive financial advisor to Corlytics Limited and its shareholders on this transaction. This marks the second transaction whereby Baird served as the exclusive financial advisor to Corlytics Limited – having previously advised Corlytics on its transformational acquisition of Clausematch Limited less than twelve months ago.

About

An undisputed leader in the RegTech (regulatory technology) industry, Corlytics operates as a trusted strategic partner to global Tier 1 organizations. A founder-led organization delivering a platform that manages the entire regulatory risk value chain, Corlytics provides assurance on never-ending regulatory changes to compliance, risk, legal and audit teams globally. Plugged directly into international regulators, Corlytics is the only one-stop-shop solution that enables clients to align with, and stay ahead of, regulatory demands. The Company serves 14 of the top 50 global banks, as well as leading insurers/re-insurers, payment providers and investment managers.

Corlytics has won several recent awards including: Payments Compliance Technology of the Year in the FS Tech Payments Awards, Best Solution for Regulatory Change Management, Regulation Asia, Most Innovative Regulatory Compliance Monitoring/Management, A-Team Innovation Awards, Compliance and Regtech Award, FS Awards and Regtech of the year in the Deloitte Financial Services Innovation Awards. Corlytics is headquartered in Dublin, Ireland.

Verdane is a specialist growth investment firm that partners with tech-enabled and sustainable European businesses. Verdane can invest as a minority or majority investor, either in single companies or through portfolios of companies, and looks to deploy inside two core growth themes; digitalization and decarbonization. Verdane funds hold over €6.9 billion in total commitments and have made over 400 investments in fast-growing businesses since 2003. Verdane’s team of over 140 investment professionals and operating experts, based out of Berlin, Munich, Copenhagen, Helsinki, London, Oslo and Stockholm, is dedicated to being the preferred growth partner to tech-enabled and sustainable businesses in Europe.

Verdane is also a certified B Corporation, the most ambitious sustainability accreditation globally. The firm only backs businesses that pass its 2040 test, which indicates whether the company can thrive in a more sustainable future economy. Verdane is partly owned by the Verdane Foundation, which is focused on two areas: climate change and more equitable and inclusive local communities. Verdane is headquartered in Stockholm, Sweden.
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Technology & Services

Corlytics sale to Verdane

Date
April 2024
Company
Corlytics Limited
Transaction
M&A - Sellside
Sectors
Technology & Services
Verticals
Software
Marketing, Data & Analytics
Financial Services & Technology
Target Geography
Europe
Acquiror Geography
Europe

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