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Tier1: Acquires financial crime vendor Alessa

January 25, 2021

Alessa an industry-recognized software solution that is used by banks, credit unions, money services businesses (MSBs)
Tier1 Financial Solutions, a leading provider of client relationship management (“CRM”) solutions
The acquisition positions Tier1 to significantly grow its portfolio of solutions to meet its ambitious goal to digitally transform processes
Tier1’s acquisition of Alessa a step towards the digitalization of the entire client relationship workflow
Portico Capital served as exclusive financial advisor to Alessa with respect to this transaction
Tier1 Financial Solutions investor Wavecrest Growth Partners served as business advisors to Tier1 in its ongoing commitment