Fiducia & GAD IT AG has sold a significant stake in ELAXY GmbH to CREALOGIX Holding AG
As part of a long-term cooperation, CREALOGIX Holding AG, a leading Swiss provider of digital banking solutions, has acquired a significant stake in ELAXY GmbH, a subsidiary of Fiducia & GAD IT AG. Financial details have not been disclosed.
ELAXY has been a leader in the areas of software and data center services for over 25 years. The company's customized solutions serve banks, insurance and financial service providers, as well as customers in the e-commerce and industrial sectors. The ELAXY group consists of three companies: ELAXY Financial Software & Solutions, providing consulting with interactive digital solutions, ELAXY Business Solution & Services, which focuses on banking, brokerage and data center services, and ELAXY Format, a provider of commission accounting systems.
Founded in 1996, CREALOGIX is an independent, Swiss software company and, as part of the Fintech Top 100 companies, one of the leaders in digital banking in Switzerland. CREALOGIX develops and implements innovative fintech solutions for the digital bank of the future. The company focuses on addressing customer needs in the areas of mobility, security and personalized information, within a comprehensive customer service.
Fiducia & GAD IT AG is an IT service provider for the cooperative financial service network. The company is based in Karlsruhe and Münster with branches in Munich, Frankfurt and Berlin. Fiducia & GAD IT serves more than 164,000 bank workplaces, manages nearly 100 million customer accounts and ensures a smooth money supply with 38,000 self-service devices across the country.
Oaklins' team in Germany advised the seller in this transaction.
Talk to the deal team
Related deals
STAC has been acquired by n2 Group
Strategic Technology Analysis Center (STAC), a world leader in financial-technology benchmarking and events, has been acquired by n2 Group, the UK specialists in advanced computation and IT infrastructure.
STAC joins NAG and VSNi in the growing community of n2 Group companies dedicated to advancing computation through collective innovation, technical excellence and long-term strategic growth. STAC will operate as an independent business within n2, maintaining its brand, identity and ethos.
Winking Studios Limited completes a secondary fundraising of US$20 million
Winking Studios has successfully raised US$20 million to fund its business strategy and future plans, such as strategic acquisitions, alliances and joint ventures as well as secondary or dual listings, to grow the group’s market share and broaden its customer base globally.
Learn moreHaufe-Lexware Real Estate AG has been acquired by Aareon Group, a portfolio company of Advent International
The Haufe Group SE has sold Haufe-Lexware Real Estate AG to Aareon Group.
Learn more