Finance Active, the European leader in SaaS solutions for managing debt and financial risks, joins Altus Group. Active in France and in 50 other countries, Altus Group develops consulting software and services, in particular in real estate valuation.
This partnership is a new step in Finance Active’s growth, which includes significant investment leverage in R&D to keep up its technological lead in security and data management.
Combining their expertise, both companies aim to guide their clients in the best decisions and provide global services to manage their investment and financial performances.
Finance Active will keep developing its debt management and financial risk solutions, while participating in building Altus Group’s services in Europe.
Patrice Chatard & Jacques Descourtieux, CEOs and co-founders of Finance Active: “We are thrilled to be joining Altus Group. The quality of our services and teams is recognised, and a great opportunity is developing. We know the heads of Altus Group for several years now, and some clients have already been using our solutions. Our professional and geographical complementarities are obvious“.
Mike Gordon, CEO of Altus Group: “We are excited about this as it fortifies our strategy with a new avenue for long-term growth. The debt space is a natural adjacency and an attractive expansion opportunity for Altus. Finance Active, a market leader in debt management, provides Altus with increased capabilities to fully address this growing market segment”.
About Finance Active
Founded in 2000 in Paris, Finance Active and its 160 employees offer solutions to Local Authorities, businesses – particularly in the areas of Real Assets (real estate, energy, infrastructure, construction, etc.) and even financial institutions. It is present throughout Europe, and achieves a turnover of € 25 million from 4,000 customers.
About Altus Group
Altus Group Limited is a leading provider of software, data solutions and independent advisory services. Our solutions empower clients to analyze, gain insight and recognize value on their real estate investments. Headquartered in Canada, we have approximately 2,200 employees around the world, with operations in North America, Europe and Asia Pacific. Altus shares are traded on the TSX (Toronto Stock Exchange) under the symbol AIF.
CONTACT
Julie Rambaud
Communication & Marketing Manager
+00 33 (7) 61 86 89 11
jrambaud@financeactive.com
🔔 More news and exclusive content? Follow Finance Active on LinkedIn:
