eNewsletter Spring 2021
Profile acquired Euronext Centevo, a specialised provider of Asset and Fund Management solutions. Centevo is headquartered in Stockholm, Sweden with a fully operational branch in Oslo, Norway. It serves more than 65 of the largest Asset and Fund Managers and Banks in the Nordics (Norway, Sweden, Denmark and Finland) employing 45 specialists spreading across the two locations. Its solutions cover the areas of Asset Management, Fund Management, Trust Management and Family Office, whilst offering powerful API connection gateways to large local Banks. These are complementary solutions to Profile’s portfolio while new sales opportunities are created both in terms of territories and product enhancements.
Following the acquisition, and the unanimous decision of the team in the Nordics we changed the logo to reflect the new era for the company, with new investments being made for product development and a team of experts to fully support in this process that would complement existing solutions and further enhance Centevo’s product range.
It is mutually understood for both companies that out of this deal, a lot of complementarities and synergies are expected for the benefit of our clients.