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Sell-side
2021
sold to
Client:CDDS Group
Action:sold to
3rd Party:Cleversoft Group
Date:2021
Sector:IT & Software
Type:Sell-side
IT & Software
TENZING Partners acted as exclusive financial advisor to CDDS Group on its sale to Cleversoft Group, a Munich-based RegTech leader backed by Main Capital Partners, facilitating a strategic transaction in the RegTech sector.
Founded in 2009 and headquartered in Luxembourg, CDDS is a software developer and data provider specializing in Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) solutions. The company serves over 700 clients across more than 40 countries, with a strong presence in Luxembourg, Monaco, Switzerland, France, and the Netherlands. CDDS has established itself as a European leader in the Governance, Risk, and Compliance (GRC) space.
Cleversoft Group, based in Munich, delivers regulatory technology solutions to financial institutions across Europe. Since 2018, the company has been backed by Main Capital Partners, a strategic investor focused on the software sector across the Benelux, DACH, and Nordic regions.
Transaction Highlights
The acquisition enables Cleversoft Group to enhance its product portfolio in the AML and CTF domains, reinforcing its market position as a comprehensive RegTech provider for financial institutions across Europe.
TENZING Partners played a central role in structuring and executing the transaction, ensuring an optimal outcome for CDDS while aligning the strategic objectives of both parties.
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