Engagement — Platform Due Diligence
Code & Co. provides Tech & Product Due Diligence to Keensight Capital ahead of its acquisition of ACTICO Group, a specialist in digitizing compliance and credit risk management for financial institutions worldwide.
Keensight Capital (“Keensight”), one of the leading private equity managers dedicated to pan-European Growth Buyout investments, has announced it has signed an agreement to acquire a majority stake in ACTICO Group, a leading international provider of digital solutions for regulatory compliance and risk management. ACTICO Group’s leadership team and existing shareholder Bregal Unternehmerkapital Funds (“BU Funds”), the largest mid-cap investor headquartered in the DACH region, will reinvest alongside Keensight Capital.
Scope of Work
Code & Co. performed Tech & Product Due Diligence for Keensight Capital.
This included an assessment of ACTICO Group’s software suite, covering its architecture, infrastructure, technology stack, cybersecurity, and open-source compliance.
Additionally, Code & Co. evaluated ACTICO Group’s product operations, integration capabilities, and product roadmap and AI-driven automation initiatives.
Furthermore, the R&D team was assessed, along with the underlying engineering processes, including the software development lifecycle and quality assurance processes.
About ACTICO Group
ACTICO Group is a leading international provider of digital solutions for Regulatory Compliance, Asset Administration, Credit Risk Management, Data & Reporting and Decision Automation software. Its flexible and agile solutions help companies to navigate regulatory requirements, streamline operations, and focus on growth by leveraging AI-driven technology. With over 25 years of experience, ACTICO Group serves more than 300 global customers in the financial, industrial and tech industries delivering high-performance solutions with a strong commitment to customer success. The company operates across six locations with a team of 230 employees, supporting organizations in over 25 countries. www.acticogroup.com
About Keensight Capital
Keensight Capital (“Keensight”), one of the leading European Growth Buyout firms, is committed to supporting entrepreneurs as they implement their growth strategies. With over 25 years of experience and €5.5bn of assets under management, Keensight Capital’s team of seasoned professionals leverages their differentiated private equity experience to invest in profitably growing companies generating revenues in the range of €10 million to €400 million. Drawing on its expertise in the Technology and Healthcare sectors, Keensight identifies the best investment opportunities in Europe and works closely with the management teams providing capital, strategic guidance and operational support. Keensight operates in more than 90 countries across the globe with a presence in Paris, London, Boston, and Singapore. www.keensight.com
About Bregal Unternehmerkapital
BU Bregal Unternehmerkapital (“BU”) is a leading investment firm with offices in Zug, Munich, Milan and London. With €7.0bn in capital raised to date, BU is the largest mid-cap investor headquartered in the DACH region. The funds advised by BU invest in mid-sized companies based in Germany, Switzerland, Italy, and Austria. With the mission to be the partner of choice for entrepreneurs and family-owned businesses, BU seeks to partner with market leaders and “hidden champions” with strong management teams and breakout potential. Since its founding in 2015, the funds advised by BU have invested in more than 140 companies with more than 29,000 employees. Thereby, around 10,000 jobs have been created. BU supports entrepreneurs and families as a strategic partner to develop, internationalize, and digitize their businesses, while helping them generate sustainable value on a responsible basis with the next generation in mind. www.bu-partners.ch