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Informa Financial Intelligence Enters Agreement to Combine with Novantas, Inc.
New York, NY - April 26, 2021
Informa Financial Intelligence, a leading provider of solutions for financial services professionals, today announced that their FBX business will be combined with Novantas, Inc, a preeminent fintech provider of advanced decision support systems and data to the banking industry.
With their unified offerings and solutions, this combination will create a leading data intelligence business serving the retail and commercial banking market across lending, deposits, and digital banking solutions.
The development has been agreed between Informa, Novantas,Inc and Inflexion, a mid-market private equity firm. The combination is subject to customary US regulatory approval and the finalization of additional terms and documentation and is expected to complete by the end of the first half of 2021...