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Temenos Sells Multifonds for $400m

  • Temenos AG announces the sale of its fund administration software business, Multifonds, to Montagu Private Equity for $400 million.
  • Multifonds is a leading global provider of fund administration software, serving clients across multiple jurisdictions.
  • Montagu will work with the Multifonds executive team to ensure a seamless transition and maintain high levels of customer service.
  • The sale of Multifonds aligns with Temenos' strategic plan to drive above-market growth and simplify its product portfolio.

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