Fenergo Taps ABN Amro, DXC for $80 Million M&A War Chest

The Dublin-based company sells 10% stake to fund further regtech acquisitions.

Models of people representing mergers and acquisitions

Dublin-based Fenergo, a provider of client lifecycle management, client onboarding, and KYC and AML solutions, has sold a 10% stake in the company to Dutch bank ABN Amro’s venture capital fund and IT services provider DXC Technology in return for a combined $80 million investment, to fund further acquisitions.

The investment marks the end of a funding round that began last summer with a €66 million ($72 million) investment from DXC, giving the service provider a stake in the company of around

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Waterstechnology? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: