Acquisition of Obsidian Solutions Limited by Alpha Financial Markets Consulting Plc

Deal typeTransaction Services
IndustryTechnology & Media
Client nameAlpha Financial Markets Consulting plc

BDO has provided financial due diligence for Alpha Financial Markets Consulting plc on its acquisition of Obsidian Solutions Limited.

Alpha FMC, a leading global provider of specialist consultancy services to the Asset and Wealth Management industry has completed the acquisition of 100% of the issued share capital of Obsidian Solutions Limited, a financial services cloud-based SaaS business in the UK. 

Obsidian brings a suite of financial service software products including advanced business intelligence, client portals, reporting, and automated subscription/KYC management. This strategic acquisition will expand Alpha's existing reporting capability, adds a skilled technology development team and expands its North American client base.