Oslo ,30 September 2022 : Reference is made to the announcement on26 August 2022 .Infront has now completed the acquisition ofAssetmax 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. AboutInfront Finance professionals acrossEurope rely onInfront 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 acrossEurope apply their expertise to meet the challenges ofInfront'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 ofAssetmax AG . In addition to this,Infront has utilizedEUR 10m of itsEUR 25m Revolving Credit Facility. For more information please contact:Eli Cathrine Disch , CFO Infront +47 957 00 725Benjamin Røer , Head of M&AInfront +47 465 48 261 Or visit https://www.infrontfinance.com/
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