SkySparc snaps up Mindbanque

Skysparc

SkySparc has completed the acquisition of Mindbanque, a specialist in strategic, operational and transformational consultancy focused on the Nordic finance sector.

According to Skysparc, the acquisition of Mindbanque will allow it to further extend its existing range of financial and technical services to clients across banking, central banking, asset management and corporate treasury.

While both firms have complementary skillsets, Skysparc claims their combination will increase scale and depth, enabling it to provide end-to-end solutions that deliver long-term business value for clients.

Founded in 2010, Mindbanque’s consultants use their experience and understanding of the finance industry to offer guidance and insight to shape business strategy and manage business transformation projects, using strengths across operations, compliance, integration and project management.

The two firms already have a number of clients in common, and will leverage SkySparc’s well-established global network to bring Mindbanque’s expertise to a wider client base.

SkySparc CEO Joakin Wiener said, “Clients across the finance sector have always valued SkySparc’s unique mix of financial and technical expertise, but the acquisition of Mindbanque raises 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.”

Mindbanque CEO Andreas Serrander added, “We are delighted to be a part of SkySparc, which has such a longstanding track record in delivering excellence to clients globally. I’m excited to demonstrate to clients how we can add even more value by building on our combined resources and talents. Together, we will help our banking, finance and insurance customers succeed all the way from needs and feasibility studies to implementation and management.”

Financial terms of the acquisition were not disclosed.

Guesty, a property management platform for the short-term rental and hospitality industry, has raised $170m in a Series E funding round.

The round was led by the Apax Digital Funds, MSD Partners and Sixth Street Growth. Existing investors Viola Growth and Flashpoint also participated in the round.

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