CBPE Capital LLP (“CBPE”) is pleased to announce that it has invested in Xceptor alongside the existing management team, having acquired a majority stake from SVG Capital plc (“SVG”). Xceptor represents CBPE’s fourth investment from its most recent fund, CBPE Capital Fund IX. Terms of the transaction have not been disclosed.
Xceptor is a fast-growing international technology provider, serving large financial institutions including global investment banks, security and custody service firms and insurance companies. Xceptor is headquartered in London with offices in New York, Cape Town and Sydney.
Through its highly regarded product suite, Xceptor provides leading-edge process automation and data management products, helping transform back office business processes, particularly for trade confirmation, tax reclaim, fund processing and collateral management.
CBPE will work with the Xceptor management team to support the acceleration of international growth as well as the continued investment in people and product development.
Jason Khaksar, Partner at CBPE said: “Xceptor has developed a best in class product suite helping clients manage the challenges presented by increasing regulatory complexity, the proliferation of data and changing business requirements. We are delighted to partner Andrew and the team and look forward to supporting the business through its next phase of growth.”
Andrew Kouloumbrides, CEO of Xceptor said: “We are very excited about the prospect of working with CBPE in growing the business and continuing to provide exceptional service to our clients.”
CBPE’s investment in Xceptor was led by Jason Khaksar and Ian Moore with support from Rob McCombie and James Whittington. Jason Khaksar and Ian Moore will join the Xceptor Board.
