6 May 2021
generalSovereign Capital Partners' portfolio company ACOLIN recently made its second acquisition in two months with Luxembourg based GFA. GFA operates a SaaS-based data collection and analytics platform for asset managers and distributors to manage their increasing compliance obligations, enabling asset managers to gain valuable insights into their distribution networks and identify opportunities to further improve business performance.
Both acquisitions of GFA and Fundbase have accelerated a number of ACOLIN’s growth objectives since Sovereign Capital Partners backed the MBO in June 2020, allowing them to develop their client base and offering to the market through a strategy of organic and acquisitive growth.
Led by Brad McAvoy, the corporate finance team at James Cowper Kreston provided financial due diligence services for ACOLIN. In addition to James Cowper Kreston, a wide selection of professional services firms worked on the deal, including Wildgen, Pinsent Masons, Armstrong and A&M.
Brad McAvoy commented “We were delighted to assist ACOLIN on their second cross-border acquisition in two months. We wish the Sovereign and ACOLIN teams the best of success in their continuing growth strategy.”