Oslo, 30 September 2022:


Reference is made to the announcement on 26 August 2022. Infront has now
completed the acquisition of Assetmax AG.

About Assetmax
Assetmax is a leading Swiss software for independent asset managers, family
offices and banks with integrated multi custody portfolio management, client
relationship management, invoicing, and reporting. The company is a trusted
solution used by 70 customers - mainly Independent Asset Managers and Banks.

About Infront
Finance professionals across Europe rely on Infront for flexible financial
market solutions. Infront provides highly usable and dependable solutions to
help them find the information they are looking for and make more informed
decisions - faster, easier, smarter. Infront offers a powerful combination of
global market data, news, analytics, and trading together with integrated
solutions for data feeds, portfolio management and advisory, and regulatory
compliance and calculations.

Infront's solutions serve more than 3,000 customers with over 90,000
professional users. With support for their complete workflows, they can manage
investment decisions, reduce costs, adapt to fast-changing market requirements
and work more efficiently with ever-increasing amounts of information.

As European leaders, Infront knows local financial markets and has financial
data experts near to their users. Approximately 500 employees in 11 countries
across Europe apply their expertise to meet the challenges of Infront's clients,
ensuring they continuously receive the best solutions and services.


The acquisition of Assetmax was primarily financed with new equity, including
the issuance of consideration shares to certain of the selling shareholders of
Assetmax AG. In addition to this, Infront has utilized EUR 10m of its EUR 25m
Revolving Credit Facility. 

For more information please contact:

Eli Cathrine Disch, CFO Infront
+47 957 00 725
Benjamin Røer, Head of M&A Infront
+47 465 48 261

Or visit https://www.infrontfinance.com/

Click here for more information

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