- 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
Tier1: Acquires financial crime vendor Alessa
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