Private equity firms Bridgepoint and Astorg are considering selling Irish company Fenergo in a deal that could value the company at more than £2 billion. Sources told Reuters.
The owners have held discussions with potential buyers and are expected to appoint an investment bank later this year. A sale process could begin in early 2027, but no decision has yet been made.
Fenergo develops software for regulatory compliance and customer management for more than 300 major banks and insurance companies. Bridgepoint and Astorg bought the company in 2021.
Revenue increased 7.5 percent to 149.4 million euros during the financial year ended in March 2025, while operating profit rose 66 percent to 20.9 million euros.
