Kneip ties up Co-Link
Luxembourg-based Kneip, an independent service provider to the asset management […]
September 3, 2010
Luxembourg-based Kneip, an independent service provider to the asset management industry, has purchased Co-Link, a Belgian company specialized in fund reporting technology and services for investment funds.
Bob Kneip, founder and CEO of Kneip
Bob Kneip, founder and chief executive of Kneip, added: “There is an ever-increasing need for efficient, reliable and consistent fund documents. By joining forces with Co-Link, we offer our clients more expertise, stronger processes and additional solutions. Together we broaden our service offering and our geographic reach to serve the industry and investors.”
The acquisition follows the recent takeover of Patrimoine TV, the premier online video producer dedicated to the financial industry. This strategic move “will enable KNEIP to bring a new dimension to their existing video production capabilities and provide a web TV platform for their clients,” Kneip detailed.
Patrimoine TV will be located at KNEIP’s office in Palais Brongniart (Paris), the seat of Euronext Paris, the French stock exchange.
Last June, Kneip repurchased all shares held by 3i, an international investor in growth capital, buyouts and infrastructure. The decision followed strong growth for the group during the last three years.