Sale of Finanteq S.A. controlling stake to Senacor Group

  • Deal Stage:  Closed Transaction
  • Service:  Sell
  • Sector: Technology, Media and Telecoms
  • Sub-sector: Software
  • Contact Email: lagwa@cmt-advisory.pl

Description

From the press release: https://senacor.com/en/senacor-acquires-finanteq/

Senacor acquires Finanteq to scale mobile and full-stack software development from Poland

Eschborn, 30 October 2023. Senacor Technologies AG grows internationally and acquires the Polish software company Finanteq S.A. This marks Senacor’s second acquisition within the last 24 months and expands the company staff to more than 1,000 employees. With 140 professionals, Finanteq develops mobile app solutions for leading financial institutions – complementing the existing client and service portfolio of Senacor.

Finanteq S.A. is a Lublin based company employing specialists in mobile banking who create solutions appreciated by both Polish and international customers. Finanteq S.A. customers include BNP Paribas, Santander, Danske Bank, Unicredit, National Bank of Kuwait, Arab Bank, and mBank. Over the last two years Finanteq has more than doubled its revenues, proving the high quality of the projects and services it has implemented and provided.

CMT Advisory team consisting of Paweł Łągwa, Jakub Multański and Jakub Tomyślak was responsible for the comprehensive handling of the M&A process, including identifying an investor that fits best the criteria set forth by the company and its owners. Our negotiations aimed at getting the best possible deal for our customers and ensuring smooth and safe flow of the entire process.

Members of this Deal

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Pawel Lagwa
EMEA
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