IBS Journal: The iconic monthly FinTech magazine

February 2020 issue out now! Subscribe now

Launching India FinTech Report 2020

Market sizing and forecast of Digital Lending, Payments, WealthTech & RegTech. Subscribe now

Leading Back Office Systems for Banks

In-depth Supplier Profiles and User Lists. Subscribe now

In-depth Banking Tech and FinTech Research

Over 300 research reports that's updated quarterly. Subscribe now

Abacus Group finalises Hedgepoint Solutions acquisition

Abacus Group has completed the acquisition of Hedgepoint Solutions, a boutique IT consulting firm based in New York City.

“Abacus Group has been doing some amazing things in the hosted IT space, growing not just throughout the US but also internationally into the European market. I’m excited for us to integrate with such an innovative company,” said Vick Manocha, Managing Director of Hedgepoint Solutions.

Founded in 2001, Hedgepoint Solutions has provided a wide array of technology services to businesses across various industries and sectors, with a particular focus on hedge funds, venture capital and private equity firms. Per the acquisition, Hedgepoint’s existing clients will now benefit from the extensive capabilities and features of the award-winning Abacus Cloud platform.

“Hedgepoint has developed a great reputation for providing stellar service to their hedge fund, venture capital and private equity clients,” said Chris Grandi, CEO of Abacus Group. “We are very excited to join forces to continue our efforts to provide leading edge technology services to the alternative investment management market.”

Related Posts