Banca March Completes Sale of 49% Inversis Stake to Euroclear
Deal News | Mar 07, 2025 | Finance Community ES 2 - Corporate M&A
Banca March has sold a 49% minority stake in its subsidiary Inversis to Euroclear for 172 million euros. The deal, which is subject to regulatory approvals, will see Euroclear, a leader in post-trade services based in Brussels, joining the Inversis shareholder group with an eye on enhancing its growth and international reach. The transaction includes plans for investing in technology and HR development to bolster Inversis' business. Euroclear aims to expand its presence in Southern Europe, enhancing its fund platform, FundsPlace. The deal outlines Euroclear's aim to eventually increase its stake to 100% under a phased schedule. Since acquiring full ownership of Inversis in 2013, Banca March has driven its robust growth, opening a branch in Luxembourg and injecting 100 million euros into the business in 2021. Inversis' CEO, Alberto del Cid, and Euroclear's CEO, Valérie Urbain, both anticipate significant benefits from the acquisition, highlighting strategic alignment and potential market expansion.
Sectors
- Financial Services
- Technology
- Investment Management
Geography
- Spain – Banca March and Inversis are based in Spain, and the transaction directly affects the Spanish market.
- Belgium – Euroclear, the acquiring company, is headquartered in Brussels, Belgium.
- Southern Europe – The expansion of Euroclear's presence focuses on the Southern European market.
Industry
- Financial Services – The article involves financial transactions and services, focusing on the sale of a stake in Inversis, a financial company.
- Technology – Part of the agreement involves investing in technological advancements for Inversis.
- Investment Management – The acquisition allows Euroclear to expand its fund platform, FundsPlace, within Southern Europe.
Financials
- 172 million euros – The deal price for the 49% stake in Inversis.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Banca March | Selling Company | Company | A Spanish financial institution that sold a 49% stake in Inversis. |
| Euroclear | Bidding Company/Buyer | Company | A leading post-trade services company headquartered in Brussels, acquiring a 49% stake in Inversis. |
| Inversis | Target Company | Company | A Spanish financial services firm, partially sold to Euroclear. |
| José Luis Acea | CEO of Banca March | Person | Chief Executive Officer of Banca March, overseeing the sale. |
| Alberto del Cid | CEO of Inversis | Person | Chief Executive Officer of Inversis, involved in the transaction. |
| Valérie Urbain | CEO of Euroclear | Person | Chief Executive Officer of Euroclear, managing the acquisition. |