To enhance its position in the asset-backed securities (ABS) sector, BearingPoint is acquiring the securitization business from TXS through an asset deal transaction. This includes the acquisition of two software assets for the securitization and refinancing market.
BearingPoint has successfully completed the acquisition of TXS Securitization, integrating it into its existing BearingPoint Products business unit. The acquisition follows a thorough due diligence process that commenced in Q4 2022.
As part of the transaction, TXS will transfer its entire business unit, including its team of experts, customers, and the products Funding Management and absnext, to BearingPoint. BearingPoint will continue to grow and expand the acquired business.
Experience the future of securitization and refinancing with BearingPoint. Elevate your financial strategies, enhance security, and drive growth. Contact us today to explore how our strengthened products unit can empower your financial success.
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