Financial solutions provider Profile Software has snapped up asset and fund management solutions provider Euronext Centevo for an undisclosed sum.

Under the agreement, Profile will purchase 100% of Euronext Centevo as the latter looks to offload non-core operations.

Euronext bought Stockholm-based Centevo in 2019 as part of the takeover of Oslo Børs VPS.

Profile CEO Evangelos Angelides said: “The financial services market in the Nordics has always been a strategic priority of ours due to its long tradition in the areas of asset and fund management. Today, we are integrating with a leading company in the Nordics that has a loyal client base.

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