Bridgepoint, Astorg weigh Fenergo sale at valuation above £2 billion

  • Bridgepoint and Astorg are considering selling Fenergo after discussions with potential buyers.
  • Fenergo could be valued at more than £2 billion, one source said.
  • A sales process could begin in early 2027, with no decision yet made.

Bridgepoint Group PLC and Astorg are considering selling Dublin-based fintech Fenergo as technology dealmaking gathers pace, with one person familiar with the matter saying the company could be valued at more than £2 billion ($2.7 billion). The private equity firms have discussed the business with potential buyers and are expected to appoint an investment bank later this year, although no decision has been made. A sale process could begin in early 2027 and may attract strategic bidders, including information services companies and exchange operators. Fenergo provides software to more than 300 of the world's largest banks and insurers for regulatory compliance and client lifecycle management, including onboarding, know-your-customer checks and data management. The company has also launched an agentic AI orchestration platform, software designed to coordinate AI-driven workflows, as it seeks to benefit from demand for artificial intelligence tools. Revenue rose 7.5% to €149.4 million ($170 million) in the year ended March 2025, while operating profit increased 66% to €20.9 million. The potential transaction comes amid renewed technology deal activity despite a software-stock selloff earlier this year, with Thoma Bravo, Vista Equity Partners and Waystar also linked to potential sales or strategic reviews in recent reports.

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