Nomentia (NewCo) Formed as PSG-backed Platform to Acquire Analyste

June 29, 2020

Providence Strategic Growth (PSG) has created a new company (NewCo, later branded Nomentia) to house OpusCapita's Cash Management business and will acquire Finnish cash-management specialist Analyste. PSG will own a majority of the NewCo while Verdane and management will retain minority stakes; the combined company will provide SaaS cash- and treasury-management solutions to customers across SMB, enterprise and public sectors.

Buyers
Nomentia (NewCo), Providence Strategic Growth (PSG), Verdane
Targets
Analyste International Oy
Platforms
OpusCapita Cash Management business
Industry
Cloud & SaaS
Location
Finland
Transaction Type
Addon

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