Fortaleza Capital acted as exclusive corporate finance adviser to Keylane on the acquisition of Bridgevest.
About Bridgevest: Bridgevest, a SaaS and consultancy provider, is the market leader in The Netherlands in Bigdata solutions for financial services. As a fast-growing FinTech company, Bridgevest focuses on data-driven solutions for the Wealth and Retirement Management sector. The company provides its clients with in-house developed software tools allowing them to make the step to a client-centric, technology focused and (big) data driven business model. Bridgevest has all the required disciplines in-house: retirement and finance experts, marketing and communications specialists, business analysts, front and back end developers, security officers, process managers and administrators (ISO, ISAE) and programme managers.
The partnership between Bridgevest and Keylane creates a powerful combination in the pension market allowing customers to arrange their pensions digitally and fully. Enabled by the seamless integration of the customer service and underlying administration software and facilitating digital pension administration throughout the value chain.
Edzko Smid, CEO Bridgevest and responsible for rolling out the joint proposition within Keylane: “The partnership between Keylane and Bridgevest creates synergy. Of course, we already have links with all standard back-office packages, but we can go a step further within the Keylane group. In combination with Keylane, a fully integrated software suite will be created with which participants and employers can be served throughout the entire pension chain. In addition to high-quality customer service, this also makes administering pensions more efficient. Last but not least, it provides a fitting response to the growing demand for more compliance and control as this is also a vital part of integrated customer service. We are very enthusiastic about making a great success of our joint proposition.”
About Keylane: Keylane is a leading European supplier of SaaS-based software solutions for insurers and pension institutions. Keylane develops and implements flexible standard software for the core processes of life and non-life insurers and pension institutions. More than one hundred financial service providers in Europe use Keylane’s software and achieve measurable results such as a reduction in costs, a reduction of the time-to-market and higher levels of customer satisfaction. Thanks to its in-depth knowledge of the industry and world-class technology, Keylane is able to offer its clients an excellent service.
Ronald Kasteel, Executive Board Member at Keylane said: “The market is entering a world in which digital customer services and a rich customer experience are determining success factors. The progressive development towards increasingly individual pensions with more risks and personal responsibilities only reinforces this. It also gives rise to calls for more smart data-driven communication with the participant to help them handle this responsibility. Bridgevest provides us with the software needed for this and the right customer-focused DNA. This strengthens our range for Dutch customers and, because Bridgevest’s products can also be deployed in other European countries, it supports our international strategy.”