FNZ has completed the acquisition of DIAMOS, following
the announcement made in September.
DIAMOS represents a further investment by FNZ in next-generation technology and provides access to specialist talent and expertise in Germany and continental Europe.
The DIAMOS solution further enhances FNZ’s mission of opening up wealth, helping everyone to invest in their future, on their terms.
2 November, Sulzbach: FNZ, the global wealth management platform, is pleased to confirm that it has completed the acquisition of DIAMOS AG, the specialised wealthtech provider for the asset and wealth management industry.
The acquisition further strengthens FNZ’s global client proposition by adding advanced product and service solutions to its existing end-to-end wealth management platform and represents a further investment by FNZ into Europe.
With a team of seasoned specialists, DIAMOS will provide FNZ with advanced technology expertise in fund administration and alternative investments, along with outstanding domain expertise and deep knowledge across the entire wealth management value chain.
With more than 100 employees and a strong development team, DIAMOS has successfully developed innovative solutions for the wealth management industry for over 30 years.
Adrian Durham, Group CEO of FNZ, said: “I am delighted to welcome our new colleagues from the DIAMOS team into FNZ. This successful acquisition reflects our commitment to enhancing our client proposition and helps us deliver our mission to open up wealth, helping everyone invest in their future, on their own terms.”
Wilhelm Velten, Owner & CEO, DIAMOS, added: “We are thrilled to be joining the FNZ team, combining our resources and expertise to accelerate growth. Our clients and the entire DIAMOS team will benefit from the investment and global scale that FNZ brings, and we can’t wait to get started.”
Diao & Co. LLC acted as exclusive advisor for FNZ on the transaction.