EdgeCo Holdings Acquires VMS Hub from Financeware
April 4, 2022
EdgeCo Holdings LP has acquired VMS Hub, the NSCC trading workflow automation solution, from Financeware (a NewSpring Holdings platform company). The acquisition transfers the VMS Hub team to EdgeCo and expands EdgeCo's Trust and Retirement Services technology offerings to better serve recordkeepers, custodians and retirement plans.
- Buyers
- EdgeCo Holdings LP
- Targets
- VMS Hub
- Sellers
- Financeware, NewSpring Holdings
- Industry
- Financial Services
- Location
- Pennsylvania, United States
- Transaction Type
- Divestiture
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