SkySparc strengthens its expertise in the strategic finance sector with the acquisition of Mindbanque
The acquisition of Mindbanque will allow SkySparc to further expand its existing range of financial and technical services to its clients in banking, central banking, asset management and corporate treasury. While the two companies have complementary skills, their combination will increase scale and depth, enabling SkySparc to deliver end-to-end solutions that deliver long-term business value for customers.
The two companies already have a number of customers in common and will leverage SkySparc’s well-established global network to bring Mindbanque’s expertise to a wider customer base.
Joakim Wiener, CEO of SkySparc, said: “Clients in the financial industry have always appreciated SkySparc’s unique combination of financial and technical expertise, but the acquisition of Mindbanque takes this to a new level. With clients facing myriad challenges and disruptions, often demanding a transformational response, SkySparc can be a strategic partner with unparalleled execution capabilities. We look forward to welcoming the Mindbanque team and working together to deliver a compelling integrated proposition to clients. »
Andreas Serrander, CEO of Mindbanque, said, “We are delighted to be part of SkySparc, which has such a long track record of delivering excellence for clients around the world. I’m excited to show our customers how we can add even more value by leveraging our combined resources and talents. Together, we will help our banking, finance and insurance clients succeed from needs and feasibility studies to implementation and management. »
The financial terms of the acquisition were not made public. SkySparc is majority owned by Bragnum Invest, a Swedish investor in high-growth companies, whose management and staff hold minority stakes.