Founded in 1996 in Hamburg, Germany, N+P is a leading core banking and Temenos WealthSuite implementation specialist with a strong presence in major global banking and wealth management hubs, including Switzerland, Singapore, & Luxembourg.
N+P is well-recognized in Europe and Asia for its market-leading capabilities in Temenos WealthSuite and also provides digital and software engineering services to enterprise clients in Germany. The acquisition by LTI, a global technology consulting and digital solutions business, is the natural next step for LTI after its acquisition of Temenos core banking specialist Syncordis in 2017 (for which TH Global Capital acted as exclusive financial advisor). Together N+P and Syncordis strengthen LTI’s capabilities as a global expert of the Temenos suite of products and enrich LTI’s service offering to its global banking clients.
Manuel Brunckhorst, CEO of N+P commented “Joining forces with strategic and complementary partners like LTI and Syncordis is the next logical step to accelerate our growth, enhance our capabilities and extend our services, both for Temenos, as well as software engineering services. We are very excited about the future and continuing our journey with our existing and new clients, employees and partners. TH Global Capital has been an instrumental partner throughout the process and their global reach, sector expertise and dedicated team ensured a successful outcome for us.”
The transaction is a further testament to TH Global Capital’ expertise in advising category leaders in the Banking, Financial Services & Insurance software and services space, with the Nielsen+Partner transaction being our 18th transaction in the space.