Exclusive-Bridgepoint, Astorg consider £2 billion-plus Fenergo sale, sources say

Pound banknotes are seen in this illustration taken March 1, 2022. REUTERS/Dado Ruvic/Illustration

LONDON, Sept 28 (Reuters) - ⁠Bridgepoint and Astorg are considering selling Fenergo as dealmaking in the ⁠sector picks up, three people familiar with the matter said, with ‌one saying the Irish fintech could be valued at more than £2 billion ($2.7 billion).

The private equity firms have held discussions with potential buyers and are expected to appoint an investment bank later ​this year in a potential transaction that could ⁠attract strategic bidders, the sources ⁠told Reuters.

A sales process could be launched early in 2027, with a decision ⁠yet ‌to be taken, said two of the sources.

Bridgepoint and Astorg both declined to comment. Dublin-based Fenergo did not respond to a request for ⁠comment.

Fenergo develops software that helps more than 300 of ​the world's largest banks ‌and insurers comply with regulatory requirements and manage client lifecycle processes, ⁠including onboarding, know-your-customer ​checks and data management.

The potential deal highlights a pickup in techdealmaking despite a selloff in software stocks earlier this year.

Thoma Bravo is exploring a sale of Foundation Software, ⁠Vista Equity Partners is considering selling banking ​software provider Finastra andhealthcare software company Waystar is weighing its options, Reuters reported earlier this month.

Fenergo, founded and led by CEO Mark Murphy, is expected to attract ⁠interest from information services companies and exchange operators, the sources said.

Astorg and Bridgepoint acquired Fenergo from Insight Partners in 2021 for an undisclosed sum.

The company has also sought to capitalise on demand for AI tools, launching an agentic AI ​orchestration platform designed to automate workflows such as ⁠onboarding and periodic reviews.

Its total revenue rose by 7.5% to €149.4 million ($170 million)for the year ​ending in March 2025, driven by more subscription ‌revenueand client renewals for its software products. ​Operating profit increased 66% to €20.9 million.

($1 = 0.7539 pounds)

(Reporting by Amy-Jo Crowley in London; Editing by Anousha Sakoui and Alexander Smith)

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这张摄于2022年3月1日的插图展示了英镑纸币。路透社/Dado Ruvic/插图

伦敦，9 月 28 日（路透社）——三位知情人士透露，随着金融行业的并购活动增多，Bridgepoint 和 Astorg 正在考虑出售 Fenergo。其中一位知情人士表示，这家爱尔兰金融科技公司的估值可能超过 20 亿英镑（27 亿美元）。

消息人士告诉路透社，私募股权公司已经与潜在买家进行了讨论，预计将在今年晚些时候委任一家投资银行，进行一项可能吸引战略竞购者的潜在交易。

两位消息人士称，出售流程可能会在 2027 年初启动，但尚未做出决定。

Bridgepoint和Astorg均拒绝置评。总部位于都柏林的Fenergo未回应置评请求。

Fenergo 开发的软件帮助全球 300 多家最大的银行和保险公司遵守监管要求并管理客户生命周期流程，包括客户准入、了解你的客户检查和数据管理。

尽管今年早些时候软件股遭到抛售，但这项潜在交易凸显出科技行业并购活动的回暖。

据路透社本月早些时候报道，Thoma Bravo 正在考虑出售 Foundation Software，Vista Equity Partners 正在考虑出售银行软件提供商 Finastra，而医疗保健软件公司 Waystar 正在权衡各种选择。

消息人士称，由首席执行官马克·墨菲创立和领导的Fenergo有望吸引信息服务公司和交易所运营商的兴趣。

2021 年，Astorg 和 Bridgepoint 从 Insight Partners 手中收购了 Fenergo，收购金额未公开。

该公司还试图利用市场对人工智能工具的需求，推出了一款智能人工智能编排平台，旨在自动化诸如入职培训和定期审查等工作流程。

截至2025年3月，该公司总收入增长7.5%，达到1.494亿欧元（1.7亿美元），主要得益于软件产品订阅收入的增长和客户续约。营业利润增长66%，达到2090万欧元。

（1美元=0.7539英镑）

（伦敦 Amy-Jo Crowley 报道；Anousha Sakoui 和 Alexander Smith 编辑）

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