Euroclear closes acquisition of 49% stake in Inversis
Euroclear today announced the successful completion of the acquisition of 49% of Inversis from Banca March after securing all necessary approvals.
As planned, Euroclear 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 announced acquisition of Inversis aligns with Euroclear’s strategic vision to accelerate the growth of its one-stop-shop funds offering – Euroclear FundsPlace® – and expand its presence in Southern Europe.
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 (as of December 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:
“As the sole shareholder of Inversis since 2013, Banca March has guided its growth strategy in alignment with the group’s investment philosophy, which aims to elevate its subsidiaries to new stages of development according to our ‘Good to Better’ approach. Euroclear is the ideal partner to propel Inversis to a higher level of growth and international presence. Their involvement ensures the three conditions that Banca March has consistently required for any acquisition offer: maintaining top-tier service provision for the bank, presenting a robust future plan for Inversis and its staff and providing a valuation that acknowledges its potential.”
Alberto del Cid, CEO of Inversis, added:
“With this operation, Inversis joins Euroclear’s ecosystem and strengthens its market position by increasing its international footprint. The investment in Inversis will enhance its large customer business and expand its model to other markets. Inversis’ clients will benefit from a reinforced value proposition across all business lines.”