Financial services tech investor Motive Partners has agreed a deal for a controlling interest in Germany’s LPA.
The business, which was founded in 1999, develops software to help capital markets and wealth management specialists optimise processes and enable regulatory compliance.
Motive said its investment would support LPA and its founders in accelerating the company’s growth, including product development, international expansion and strategic hiring.
LPA’s core products are a suite of tech solutions enabling automated advice, distribution and documentation for financial instruments, particularly structured products and OTC derivatives.
The company has grown to nearly 200 specialists in four cities, and expects to expand in the UK, US and Asia-Pacific regions.
Motive managing partner Rob Heyvaert said, “Our team at Motive Partners has deep expertise in regulatory technology.
“Given our thesis on the regulatory technology space, we have spent significant time searching for an investment opportunity that combines talent and technology capability with significant growth prospects. LPA squarely matches our objectives.”
Peter Schurau, industry partner at Motive Partners and former CEO of Capco Europe, added, “It is not every day that you find such a well-matched culture and complementary capabilities between an existing and highly talented management team and the investment firm.
“The opportunity to develop and deepen the software-focused value proposition for existing clients and to extend our reach into adjacent sectors is extremely exciting.
“It is our collective objective to build and evolve LPA in to a company of global scale that is recognized as a leading RegTech brand.”
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