Microgen Financial Systems
Liberty have acted for the management team of Microgen Financial Systems Limited on its purchase by Silverfleet Capital from Aptitude Software Group Plc
Headquartered in Fleet, UK with offices in London, Guernsey, Cambridge and Cyprus, Microgen provides front and back office technology solutions to the financial services industry.
The firm’s global client base comprises major wealth and asset management firms and trust and corporate services administrators. Microgen is a leading provider of wealth management software, for both on-shore and off-shore markets with over 30 years’ experience and more than 380 customers in 32 countries, across 6 continents.
Microgen (www.microgen.com) generates its revenue through ongoing software licence fees, software maintenance fees and upfront implementation fees. The company’s key product in the trust and fund administration sector addresses the core operational and regulatory requirements of trust administrators, fiduciary companies, corporate services providers and fund administrators.
Silverfleet Capital’s investment will enable Microgen to continue its strong growth trajectory by capitalising on increasing technology adoption within the trust and corporate services market, expanding its product range, client base and geographic reach, as well as executing acquisitions to build a clear market leader.
Robert Browning, CEO, commented: "The experience and advice that has been provided to us as a management team by Liberty has been invaluable – we’ve taken a great deal of comfort having them in our corner."