Nordic invests in Duco

Nordic Capital has made a majority growth investment in Duco, a London-based provider of self-service data prep and reconciliation software.

Nordic Capital has made a majority growth investment in Duco, a London-based provider of self-service data prep and reconciliation software. No financial terms were disclosed. Arma Partners was the financial advisor to Duco on the deal.

PRESS RELEASE

Arma Partners is pleased to announce that it has acted as exclusive financial advisor to Duco on its majority growth investment by Nordic Capital.

Headquartered in London, Duco is a fast growing provider of intelligent, self-service data prep and reconciliation software, through its mission critical cloud-native, no-code SaaS platform. The Company has established a strong foothold in financial services, serving 14 of the top 30 global banks, asset managers with over $10 trillion in assets, leading payments innovators, crypto exchanges, custodians and insurers.

Nordic Capital is partnering with Duco’s management team to help accelerate Duco’s growth ambitions, including further broadening the Company’s product portfolio in the data automation value chain.
This transaction highlights Arma Partners’ continued success in the data automation sector and further illustrates our strong track record of delivering exceptional outcomes for FinTech companies.

About Arma Partners
Arma Partners provides independent corporate finance advice to companies and investors active in the global Digital Economy. We act as trusted advisors to Digital Economy leaders throughout their entire corporate lifecycle, from raising private capital for fast-growing disrupters and founder-led businesses to orchestrating complex cross-border M&A deals for private equity investors and global large-cap public companies. Founded in 2003, Arma today employs a large dedicated advisory team with unparalleled domain expertise and an enviable track record in each of the diverse sub-segments that together comprise the ever-expanding global Digital Economy.