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The deal will see Multifonds emerge as a standalone entity, remaining under the leadership of its current management team.
While AI agents are not quite ready for prime time, they are here and slowly but surely changing the accounting profession.
UPDATED. Montagu has agreed to acquire Temenos’ global fund accounting software business Multifonds in a carve-out transaction. The total enterprise value is around $400 million, including an earnout.
Ambienta-backed Officine Maccaferri has acquired Synteen Technical Fabrics, a geosynthetics developer and manufacturer for ...
Montagu, a leading private equity firm, has announced that it has agreed to acquire Multifonds in a carve-out transaction from its corporate parent, Temenos AG (“Temenos”). Founded in 1995, Multifonds ...
For SMBs, the move to cloud accounting is part of a larger shift in how businesses are retooling their operations ...
Along with the addition of CEO Peter Miele and CMO Greg Pope—both former Thomson Reuters executives—the funding round will ...
Agentic AI is already gathering momentum at accounting firms as leaders anticipate great potential for semi-autonomous bots.
While changes were suggested, many of the 32 respondents expressed general support for the broader effort to update the ...
This cloud-based accounting software supports unlimited users on all of its subscription plans. Many, or all, of the products featured on this page are from our advertising partners who compensate ...
KPMG is poised to break through a longtime barrier and become the first Big Four accounting firm to practice law in the U.S., leveraging a novel Arizona program that allows nonlawyers to own law ...