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Amethis Acquires Majority Stake in Capital Banking Solutions

Anna Lyudvig
Jan. 15, 2024, 2 p.m.
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Amethis, a member of the Edmond de Rothschild Private Equity Partnership, through its European strategy aimed at supporting SMEs in their internationalization, has taken a majority stake in Capital Banking Solutions (CBS) alongside Samer Hanna (President & CEO), Michel Tueni (COO) and Aziz Akl (CFO), as well as several key executives of the company who are reinvesting all their proceeds. 

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Amethis, a member of the Edmond de Rothschild Private Equity Partnership, through its European strategy aimed at supporting SMEs in their internationalization, has taken a majority stake in Capital Banking Solutions (CBS) alongside Samer Hanna (President & CEO), Michel Tueni (COO) and Aziz Akl (CFO), as well as several key executives of the company who are reinvesting all their proceeds. 

Nicolas Manardo and Romain Gauvrit, Amethis partners, said: “Samer Hanna and his team have built a prominent player in core banking and wealth management software, a true agile and competitive alternative to the sector’s giants. We are pleased to support them in this primary operation, by providing them with access to Amethis’ networks in Europe, Africa and the Middle East, as well as our proactive ESG approach.”

For over 25 years, CBS has been a publisher and integrator of innovative banking solutions tailored to international banks in Europe, Africa, the Middle East and America, headquartered in Paris, France. 

The company currently offers two flagship solutions, each complemented by satellite products available on a standalone basis. CapitalBanker is its main solution, designed to meet the needs of financial institutions (retail, corporate, microfinance, treasury or postal banks), with this agile banking ERP offered as a cloud-based solution or on-premise in Europe, Africa, the Middle East and America.

In addition the company offers CapitalPrivate - a front-office wealth management solution for European private banks and wealth management specialists, designed to provide portfolio management, CRM and compliance tools within a single digital platform.

In 2022 CBS generated sales of over €30m, of which more than half in Europe, and currently employs nearly 300 people across its offices in France, Monaco, Switzerland, the United States, Morocco, Lebanon and Ivory Coast.

Amethis will support CBS in this primary operation in order to accelerate its organic growth, especially internationally. 

Amethis will also support CBS in its external growth strategy, with the acquisition of players that will enable the Company to extend its geographical coverage and/or strengthen its existing solutions.

Lastly, CBS will pursue its sustainability initiatives, in line with Amethis’ policy.

Samer Hanna, President and founder of CBS, said: “We are delighted about the entry of Amethis into CBS’s capital. Amethis, and its partnership with Edmond de Rothschild Private Equity, bring extensive experience through their investments in Europe, Africa, and the Middle East. Nicolas Manardo and Romain Gauvrit, along with the entire Amethis team, share our vision of a successful future across the regions in which we operate. Amethis will support CBS in its external growth and global reach. Together, we will shape a future where innovation, growth, and productivity converge harmoniously. For CBS, this new step marks the opening up of new and very positive perspectives for our development.”

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