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Deloitte Legal advises niiio finance group AG on planned investment by Pollen Street Capital 

A Deloitte Legal team led by Counsel Christoph Meves (Corporate/M&A) and Partner Niko Jakovou (Corporate/M&A/Capital Markets, both Düsseldorf) has advised niiio finance group AG, a public company listed on the open market, in connection with the planned investment by London-based private equity investor Pollen Street Capital.

As part of the investment, all shares in German-based fundsaccess AG, the Luxembourg-based FundHero S.A. and the Georgian-based FinTecc LLC, among others, are to be contributed to the niiio finance group AG. The investor aims to create a new market leader in the field of asset and wealth management software.

The growth strategy of niiio finance group AG, which consists of both organic and inorganic growth, shall be continued. The company aims to create a "one-stop-shop" in all areas relevant to European asset and wealth management. In particular, fundsaccess AG, which would increase the Group's reach in wealth management services, and FundHero S.A., which would expand the range of asset management services, are expected to provide the company with important building blocks for achieving this goal.

Christoph Meves has consistently advised niiio finance group AG on capital markets law and transactions since 2018. After his move to Deloitte Legal, Deloitte Legal has advised niiio finance group AG, inter alia, on general meetings, capital increases and the acquisition of FIXhub GmbH since the beginning of 2022.

Advisor niiio finance group AG:
Deloitte Legal: Christoph Meves (Corporate/M&A), Niko Jakovou (Corporate/M&A/Capital Markets, both lead, both Düsseldorf)

 

About niiio finance group AG:
niiio finance group AG and its subsidiaries offer a software-as-a-service platform for asset and wealth management. Customers of niiio group are private banks, savings banks, cooperative banks, asset managers, investment funds, capital management companies and independent financial service providers. The group is regularly recognized for its achievements, whether as a provider of robo-advisors or as one of the 100 most innovative WealthTech companies in the world (WealthTech 100).

 

Published: November 2023

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