Tech M&A

Global law firm Clifford Chance advised Amundi Asset Management SAS on its EUR 149 million acquisition of aixigo AG. Aixigo is a technology company that offers a modular software for distributors of savings solutions. The software helps deploy new services quickly into banks’ and financial intermediaries’ IT systems.

The market for technological services in wealth management is growing. Amundi, already active in this sector, will expand further with this acquisition. This strengthens Amundi’s position as a leader in technology and services. Aixigo’s client base in Germany, Switzerland, and the UK boosts Amundi’s geographical reach.

Aixigo was founded in Germany 25 years ago by academics. It has seen rapid growth in recent years. With 150 employees, aixigo serves over 20 clients, including major financial institutions managing over EUR 1 trillion in assets.

Amundi is a global asset manager. It offers a wide range of savings and investment solutions. This includes active and passive management in traditional and real assets. Amundi also provides IT tools and services for the savings value chain. It manages nearly EUR 2.2 trillion in assets and is a subsidiary of Crédit Agricole Group.

The Clifford Chance team advising Amundi was led by partners Thomas Krecek and Moritz Petersen. The team included experts in Corporate, Employment, Real Estate, Tech/Digital, IP, Tax, and Antitrust.

• Thomas Krecek, Moritz Petersen, Friedrich von Bülow, Helge Brück, Christopher Fischer, Stefan Simon, Julia Kolb, Thomas Reischauer, Magda Pawela-Häusler, Holger Lutz, Nadine Neumeier, Michael Kümmel, Benjamin Wollweber, Stephanie Giek, Claudia Milbradt, Nicolas Hohn-Hein, Judith Dany, Anika Vollborn, Dominik Engl, Claus-Peter Knöller, Marc Besen, Johannes Lüer
• Frankfurt, Düsseldorf

For detailed information, as well as the picture copyright, please see the law firm´s original article here: Tech M&A: Clifford Chance advises Amundi on acquisition of aixigo AG