Acquiring MFEX fund platform
September 7, 2017

Nordic Capital Fund VIII (Nordic Capital) and MFEX management say they have signed an agreement to acquire the majority of the shares in MFEX, a European B2B open architecture fund distribution platform. Nordic Capital says it sees great potential in supporting the acceleration of MFEX's growth agenda across Europe and Asia and the consolidation in the sector. 

MFEX is a B2B open architecture fund distribution platform with EUR 72 billion of assets under administration as of July 30, 2017. It provides infrastructure for mutual fund distribution, facilitating access between fund companies and distributors. The company is described as one of the largest independent fund platforms in Europe, connecting over 800 fund companies from 40 legal domiciles to over 100 distributors from 30 countries. MFEX was founded in 1999, is headquartered in Stockholm and has offices in Paris, Geneva, Singapore and Umeć.

Nordic Capital says it had followed MFEX's development for some years. It says it will support MFEX's continued growth by investing in the organization and its product offering.

As part of the transaction, Nordic Capital is injecting substantial equity into MFEX to position the company as a natural consolidator of the fund platform industry in Europe and Asia. In addition, MFEX will benefit from Nordic Capital's significant industry expertise and long history of successful growth oriented investments, in order to pursue its growth strategy.

The parties have agreed not to disclose the financial terms of the transaction. The investment is subject to approval by the relevant authorities.





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Nordic Capital Fund VIII (Nordic Capital) and MFEX management say they have signed an agreement to acquire the majority of the shares in MFEX, a European B2B open architecture fund distribution platform. Nordic Capital says it sees great potential in supporting the acceleration of MFEX's growth agenda across Europe and Asia and the consolidation in the sector. 

MFEX is a B2B open architecture fund distribution platform with EUR 72 billion of assets under administration as of July 30, 2017. It provides infrastructure for mutual fund distribution, facilitating access between fund companies and distributors. The company is described as one of the largest independent fund platforms in Europe, connecting over 800 fund companies from 40 legal domiciles to over 100 distributors from 30 countries. MFEX was founded in 1999, is headquartered in Stockholm and has offices in Paris, Geneva, Singapore and Umeć.

Nordic Capital says it had followed MFEX's development for some years. It says it will support MFEX's continued growth by investing in the organization and its product offering.

As part of the transaction, Nordic Capital is injecting substantial equity into MFEX to position the company as a natural consolidator of the fund platform industry in Europe and Asia. In addition, MFEX will benefit from Nordic Capital's significant industry expertise and long history of successful growth oriented investments, in order to pursue its growth strategy.

The parties have agreed not to disclose the financial terms of the transaction. The investment is subject to approval by the relevant authorities.



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