Fiducia & GAD IT AG has sold a significant stake in ELAXY GmbH to CREALOGIX Holding AG
October 2015 — As part of a long-term cooperation, CREALOGIX Holding AG, a leading Swiss provider of digital banking solutions, has acquired a significant stake in ELAXY GmbH, a subsidiary of Fiducia & GAD IT AG. Financial details have not been disclosed.
ELAXY has been a leader in the areas of software and data center services for over 25 years. The company's customized solutions serve banks, insurance and financial service providers, as well as customers in the e-commerce and industrial sectors. The ELAXY group consists of three companies: ELAXY Financial Software & Solutions, providing consulting with interactive digital solutions, ELAXY Business Solution & Services, which focuses on banking, brokerage and data center services, and ELAXY Format, a provider of commission accounting systems.
Founded in 1996, CREALOGIX is an independent, Swiss software company and, as part of the Fintech Top 100 companies, one of the leaders in digital banking in Switzerland. CREALOGIX develops and implements innovative fintech solutions for the digital bank of the future. The company focuses on addressing customer needs in the areas of mobility, security and personalized information, within a comprehensive customer service.
Fiducia & GAD IT AG is an IT service provider for the cooperative financial service network. The company is based in Karlsruhe and Münster with branches in Munich, Frankfurt and Berlin. Fiducia & GAD IT serves more than 164,000 bank workplaces, manages nearly 100 million customer accounts and ensures a smooth money supply with 38,000 self-service devices across the country.
Our role in the transaction
Oaklins' team in Germany advised the seller in this transaction.
Talk to the deal team
Related deals
DIGMATIX has entered the Czech market through the acquisition of LLP CRM
DIGMATIX has acquired LLP CRM, a Czech Microsoft Dynamics 365 Customer Engagement specialist. The acquisition marks DIGMATIX’s entry into the Czech market and strengthens the group’s capabilities in customer relationship management (CRM), sales automation, customer service and AI-powered business solutions.
Learn moreLandmark US$85 million employee secondary share transaction for Wayve
Crowdcube, Europe’s largest equity crowdfunding and private market investment platform, has completed a US$85 million employee share sale for Wayve, the first employee liquidity transaction on the LSE’s Private Securities Market and the largest to date under the FCA’s PISCES framework. The deal is a milestone for UK capital markets, demonstrating how new market structures can unlock liquidity for employees and early shareholders in high-growth private companies.
Learn moreDIGMATIX has entered Romania through the acquisition of Elian Solutions
DIGMATIX, one of the largest providers of Microsoft Business Applications solutions in the region, has acquired Elian Solutions, a Romanian Microsoft Dynamics 365 partner, together with its subsidiary Elian Development Systems. Through the acquisition, DIGMATIX expands its operations into Romania and strengthens its position as a regional leader in the implementation and development of Microsoft Business Applications solutions. The acquisition was financed by an investment from DIGMATIX’s majority shareholder, Baltic private equity fund Livonia Partners, together with financing provided by SEB Bank.
Learn more