Sovereign Capital Partners’ portfolio company ACOLIN, a provider of regulatory and cross-border fund distribution services, has acquired GFA, a SaaS-based data collection and analytics provider for asset managers.
Founded in 2014, GFA operates a SaaS-based data collection and analytics platform for asset managers and distributors to manage their increasing compliance obligations, and to enable asset managers to gain valuable insights into their distribution networks and identify opportunities to further improve business performance.
The acquisitions of both GFA and Fundbase have accelerated a number of ACOLIN’s growth objectives. GFA establishes a meaningful presence in Luxembourg, which is a key European financial centre for cross-border fund formation and management, together with the addition of a modular, technology-enabled proposition in a core area of regulatory compliance, whilst Fundbase realises the business’ vision for establishing a digital marketplace platform.
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