Regnology, a regulatory reporting software provider, is in talks to acquire Invoke, a France-based provider of financial, regulatory, and tax reporting solutions. This potential acquisition would be Regnology’s fifth in less than a year and is expected to enhance its international growth and strengthen its regtech and tax reporting capabilities.
Facts
- Regnology is in exclusive talks to acquire Invoke, a French regtech company.
- This potential deal would mark Regnology’s fifth acquisition within a year.
- Regnology aims to accelerate its international growth through these acquisitions.
- Regnology’s CEO, Rob Mackay, believes Invoke’s solutions will complement their technology stack.
- Invoke’s deep knowledge of the French and Luxembourg markets will strengthen Regnology’s ability to deliver regtech and tax reporting solutions on a larger scale.
- Invoke works with over 1,800 regulated entities and supervisory authorities in Europe, offering XBRL-based banking, insurance, and tax reporting solutions.
- Regnology sees the potential acquisition as an opportunity to expand into the corporate tax market and complement their existing financial tax reporting solution.
