Mayer Brown advises Crédit Agricole wealth management arm, Indosuez, on acquisition of majority stake in Wealth Dynamix
London — Mayer Brown advised Indosuez Wealth Management, the global wealth management brand of the Crédit Agricole group, on its acquisition of 70 per cent of Wealth Dynamics Ltd. (“Wealth Dynamix”), a fintech provider of Client Lifecycle Management solutions to private banks, and wealth management and asset management firms worldwide.
The transaction is an extension of a 2019 collaboration between Indosuez and its subsidiary, Azqore, which specialises in the outsourcing of Information Systems and processing of banking operations, and Wealth Dynamix. The operation supports Indosuez’s innovation focus as well as strengthening Azqore's position in the outsourced banking services' sector.
The team was led by London based Corporate & Securities partner Rebecca Bothamley and included: Corporate & Securities – associates Madeleine Pryde, Alexander Sperling and Anna Jackson-Smith; senior associate Stephanie Grajales, Tax – partners Simon Rose and Kitty Swanson and associate Tamar Ruiz; Intellectual Property – partner Oliver Yaros and associates Reece Randall and Ellen Hepworth; Employment & Benefits – partner Miriam Bruce and senior associate Emma Wayland, alongside a wider team drawn from across the firm’s London, Brussels, Paris, Singapore and Washington DC offices.