Temenos completes the sale of Multifonds Montag, 02. Juni 2025 - 07:00

Ad hoc announcement pursuant to Art. 53 LR

Temenos completes the sale of Multifonds

GRAND-LANCY, Switzerland – June 2, 2025 – Temenos AG (SIX: TEMN), a global leader in banking technology, today announces the completion of the sale of Multifonds, its fund administration software business, to Montagu Private Equity, a leading European private equity firm, for an Enterprise Value of about USD 400 million.

The sale of Multifonds simplifies the Temenos product portfolio and aligns with Temenos' new strategic and operational plan to drive above-market growth. Simplifying and rationalizing the product portfolio enables Temenos to focus on its three growth levers of extending market leadership in “best of suite”, enhancing modular core solutions and accelerating adjacent point solutions.

– Ends – 

About Temenos

Temenos (SIX: TEMN) is a global leader in banking technology. Through our market-leading core banking suite and best-in-class modular solutions, we are modernizing the banking industry. Banks of all sizes utilize our adaptable technology – deployed on-premises, in the cloud, or as SaaS – to deliver next-generation services and AI-enhanced experiences that elevate banking for their customers. Our mission is to create a world where people can live their best financial lives.

For more information, please visit www.temenos.com.

Investor and media contacts