Andersen has advised Inversis, a subsidiary of Banca March, on the closing of an agreement with BME, a SIX Group company, for the purchase of 100% of its fintech Openfinance, an entity that offers technological tools for the provision of comprehensive reporting, advisory and discretionary portfolio management services.

The transaction involves the acquisition of both the software and more than 20 years of experience of Openfinance, which has a highly specialised team with a presence in Spain, Andorra, Mexico, Costa Rica, Panama, Colombia and Chile.

Javier Cubillo, Partner of the M&A department, together with Borja Echegoyen, Senior Associate of the same department, have been responsible for advising on the transaction, Juan Roda, Partner in the Tax department, and Clara Marín, Director in the Employment department, have been responsible for advising on the transaction.