The amount of the transaction was not disclosed.
Established in 1996 by President Donald Winger and based in the US and Europe, AnalytX provides front-to-back office technology solutions for small- to medium-sized companies within the alternative investment industry.
Founded in 1999 by Olivier Dellenbach, CEO and President, eFront is a software provider of end-to-end solutions dedicated to the financial services industry with an expertise in enterprise risk management and alternative investments. Its solutions are used by more than 450 customers in 40 countries, including companies in the private equity, real estate investment, banking and insurance sectors. Its suites FrontInvest, Investment Café, Pevara, Front360 and FrontGRC, offer integrated solutions for streamlining the management of alternative investments and corporate risk.
By incorporating the AnalytX product set into its portfolio, eFront will be in a position to offer solutions for the entire market. AnalytX customers will now benefit from access to other eFront products such as Investment Café and Pevara.