Acquisition of Microgen Financial Systems Limited by Silverfleet Capital Partners LLP

BDO.LiveSite.Deals.DealTypePrivate Equity & Transaction Services
BDO.LiveSite.Deals.IndustryFinancial Services & Professional Services & Technology & Media
BDO.LiveSite.Deals.ClientNameSilverfleet Capital Partners LLP

Microgen Financial Systems Limited (MFS) is a provider of Trust & Fund Administration (T&FA) software to the Trust and Corporate Services industry.  The company’s key product addresses the core operational and regulatory requirements of trust administrators, fiduciary companies, corporate services providers and fund administrators.
 
Silverfleet Capital’s investment will enable MFS to continue its strong growth trajectory by capitalising on increasing technology adoption within the trust and corporate services market, expanding its product range, client base and geographic reach, as well as executing acquisitions to build a clear market leader.

BDO provided financial and tax due diligence services to Silverfleet.

"BDO deployed a team providing high quality, focused financial and tax due diligence.  The team did a great job delivery detailed advice within a tight timescale and were a core part of helping Silverfleet to secure the investment.”

David Mackenzie, Partner, Silverfleet Capital