TENZING partners advises CDDS Group in their sale to Cleversoft Group
Founded in 2009 in Luxembourg, CDDS is a software editor and data provider specialized in AML (Anti Money Laundering) and CTF (Counter Terrorism Financing) solutions. With a client base of over 700 clients in over 40 countries, mainly in Luxembourg, Monaco, Switzerland, France and the Netherlands, CDDS has grown into a European leader of the Governance, Risk & Compliance market.
Tenzing partners acted as exclusive M&A advisor to CDDS Group in the sales process to Cleversoft Group (headquarted in Munich) which is a leading provider of RegTech solutions for financial institutions.
Cleversoft Group is supported since 2018 by Main Capital Partners, a strategic investor specialized in the software sector in Benelux, DACH and Nordics.