The acquired business maintains its headquarters in Zurich, supporting a workforce of approximately 200 employees across 10 international offices. Under the terms of the agreement, additiv will continue to operate as a stand-alone entity, retaining its original brand and founder-led management team. The deal marks a strategic expansion for Temenos, which aims to leverage additiv’s specialized software to enhance its wealth franchise offerings in key markets spanning Asia, the Middle East, and the Americas.
Temenos Finalizes Acquisition of Fintech Firm additiv
Zurich-listed banking technology group Temenos has officially closed its acquisition of additiv, a move designed to bolster its presence in the global wealth management sector. The transaction, settled through a mix of cash and equity, integrates a firm that currently services 30 major financial institutions across the globe.
Financial projections suggest the acquisition will be marginally accretive to the company's 2026 annualized run rate and subscription software guidance. Temenos expects the integration to remain neutral regarding its earnings before interest and taxation, earnings per share, and free cashflow targets for the 2026 fiscal year.
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