Zug-based company Etops Group AG is a leading provider of SaaS solutions serving about 100 clients across wealth and asset management sectors through its «etopsOS» platform. The company has joined forces with a yet-to-be-named group that was formed in December 2023. This merger is backed by Pollen Street Capital.
Since its founding in 2010, Etops has focused on enhancing efficiency and transparency by providing comprehensive technology and operations services, empowering financial institutions to optimize their operations, employ AI-based intelligence, and deliver superior client experiences. The company currently serves approximately 100 clients across the wealth and asset management sectors through its versatile «etopsOS» platform, a modular suite that offers state-of-the-art solutions in data consolidation, portfolio management, CRM, and reporting.
Over the past years, founder and CEO Pius Stucki and his management team have firmly established Etops as a pivotal player in the Swiss market. The company has more than 140 employees with offices in Switzerland, Germany and Slovakia.
The company will further build on this success through a merger with a wealth and asset management software consolidator. With a total headcount of over 300 dedicated staff, the combined group serves more than 550 clients from the entire spectrum of financial services, including banks, wealth and asset managers, financial advisors, and insurance firms in Germany, Switzerland and other continental European markets.
Next to Etops, the group includes businesses like Fundsaccess, Fundhero as well as Patronas and DSER (both through niiio finance group). The terms of the transaction will not be disclosed. The group will get its name by the end of this year.
Pius Stucki, founder of Etops, will remain CEO of the company. He states: "The whole Etops team is delighted to join the group of wealthtech companies backed by Pollen Street. Together, we have a fantastic opportunity to capitalize on a significant market opportunity in the DACH region. We have been impressed by the quality of the team and their businesses and are excited to accelerate rapid growth in this dynamic sector."
David Dawson, Partner at Pollen Street says: «We are proud to welcome the Etops team. Pius and his team have built a strong, client-centric business with excellent products and culture, which will greatly enhance the overall growth story of our wealthtech group. This combination marks an excellent beginning, and we look forward to supporting its continued organic growth and pursuing further strategic M&A.
(Press release/RAN)
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