Euroclear has recently announced the completion of the acquisition of 49% of Inversis from Banca March after securing regulatory approvals. Inversis, a wholly-owned subsidiary of Banca March, is a provider of global investment technology solutions and outsourced financial services for financial institutions.
Euroclear states that it will now proceed with the gradual acquisition of the remaining 51% until “full ownership, ensuring a smooth and orderly transition that benefits the employees, clients and partners of Inversis.”
The acquisition of Inversis is said to align with Euroclear’s vision to accelerate the “growth of its one-stop-shop funds offering – Euroclear FundsPlace – and expand its presence in Southern Europe.”
Inversis’ business model, underpinned by continued growth, “complements Euroclear’s existing funds business.”
Founded in 2001 and headquartered in Madrid, Inversis is “partially owned by Banca March, one of the leading private and corporate banks in Spain.”
As a provider of investment technology solutions, Inversis offers “funds platform services, securities outsourcing, intermediation, funds depository and various other services.”
In 2024, Inversis reported a net “profit of €26 million (+ 16% compared to 2023), €105 million in revenue (+ 21%) and an EBITDA of €46 million (+29%).”
Inversis holds €125 billion assets under custody (reportedly accurate as of Dec 2024).
Valérie Urbain, CEO of Euroclear, commented:
“We are excited to welcome Inversis into the Euroclear ecosystem. As a result of this partnership, Inversis’ clients will benefit from Euroclear’s international reach, expertise in the funds business and proven capabilities as leading European financial market infrastructure. The Spanish market offers significant growth opportunities and we look forward to accompanying Inversis for the next phase of its journey.”
José Luis Acea, CEO of Banca March, said Euroclear is the ideal partner to propel Inversis to a higher level of growth and international presence.