Private equity firm Montagu has reached an agreement to acquire global fund accounting software business, Multifonds, from Swiss banking software company Temenos. This transaction, valued at ...

UPDATED. Montagu has agreed to acquire Temenos’ global fund accounting software business Multifonds in a carve-out transaction. The total enterprise value is around $400 million, including an earnout.

Montagu, a leading private equity firm, has announced that it has agreed to acquire Multifonds in a carve-out transaction from its corporate parent, Temenos AG (“Temenos”). Founded in 1995, Multifonds ...

The deal will see Multifonds emerge as a standalone entity, remaining under the leadership of its current management team.

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