Motive Partners has acquired the majority interest of Fiserv Investment Services Business.
In Brief:
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A rebrand and new growth vision has been unveiled.
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The deal transaction was announced on Wednesday, with Fiserv retaining 40% equity.
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The Investment Services business will now be called Tegra118.
What does this mean?
Motive Partners is a specialist private equity firm focused on technology-enabled business and financial services companies. The Tegra118 integrated platform aims to give clients full control over their platform. The deal brings together Fiserv’s technology and expertise with Motive Partners’ commitment to innovation and industry perspective.
