Deal Announcement
Technology Holdings advises leading Temenos partner, Nielsen + Partner on its strategic sale to LTI
Technology Holdings is pleased to announce that it has acted as the exclusive advisor to Nielsen + Partner GmbH (“N+P”) on its strategic sale to LTI. Founded in 1996 in Hamburg, Germany, N+P is a leading core banking and Temenos WealthSuite implementation specialist with a strong presence in major global banking and wealth management hubs, including Switzerland, Singapore, & Luxembourg.
N+P is well-recognized in Europe and Asia for its market-leading capabilities in Temenos WealthSuite and also provides digital and software engineering services to enterprise clients in Germany. The acquisition by LTI, a global technology consulting and digital solutions business, is the natural next step for LTI after its acquisition of Temenos core banking specialist Syncordis in 2017 (for which Technology Holdings acted as exclusive financial advisor). Together N+P and Syncordis strengthen LTI’s capabilities as a global expert of the Temenos suite of products and enrich LTI’s service offering to its global banking clients.
Manuel Brunckhorst, CEO of N+P commented “Joining forces with strategic and complementary partners like LTI and Syncordis is the next logical step to accelerate our growth, enhance our capabilities and extend our services, both for Temenos, as well as software engineering services. We are very excited about the future and continuing our journey with our existing and new clients, employees and partners. Technology Holdings has been an instrumental partner throughout the process and their global reach, sector expertise and dedicated team ensured a successful outcome for us.”
The transaction is a further testament to Technology Holdings’ expertise in advising category leaders in the Banking, Financial Services & Insurance software and services space, with the Nielsen+Partner transaction being our 18th transaction in the space.
“My sincere thanks to the Technology Holdings team for a great job advising us throughout the sale process. We are very impressed with Technology Holdings' structured approach to the transaction and the team did an invaluable job of managing the complete sale process for us. We received offers from European, Asian and US buyers and Technology Holdings successfully leveraged their C-level relationships to secure an offer for us that was significantly higher than we had expected. We felt that at all stages of the transaction we were able to make informed decisions based on excellent recommendations. All in all, we achieved an outstanding result and Technology Holdings not only delivered on all of their promises, but they were also great fun to work with…we would certainly recommend them to other business owners looking for a strategic sale.”
Gerd Klaasen
Executive Chairman,
Nielsen + Partner
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