Temenos completes the sale of Multifonds
GRAND-LANCY, Switzerland – June 2, 2025 – Temenos AG (SIX: TEMN), a global leader in banking technology, today announces the completion of the sale of Multifonds, its fund administration software business, to Montagu Private Equity, a leading European private equity firm, for an Enterprise Value of about USD 400 million.
Ad hoc announcement pursuant to Art. 53 LR
The sale of Multifonds simplifies the Temenos product portfolio and aligns with Temenos’ new strategic and operational plan to drive above-market growth. Simplifying and rationalizing the product portfolio enables Temenos to focus on its three growth levers of extending market leadership in “best of suite”, enhancing modular core solutions and accelerating adjacent point solutions.
Investor & Media Contacts
Investors
Adam Snyder
Head of Investor Relations, Temenos
Email: [email protected]
+44 207 423 3945
International media
Conor McClafferty
FGS Global on belhalf of Temenos
[email protected]
+44 7920 087 914
Swiss media
Martin Meier-Pfister
IRF on belhalf of Temenos
[email protected]
+41 43 244 81 40