Fenergo weighs IPO again as turnover to climb higher

Financial software firm forecasting revenues of €150 million as it eyes expansion and future acquisitions

Marc Murphy: ‘Build a great company like we’ve done and you have all these options open to you’

Fenergo is targeting a string of large-scale acquisitions of businesses valued at up to $200 million as it weighs a potential initial public offering (IPO) in the next few years.

Founded by Marc Murphy, the regulatory tech company was ranked as a tech unicorn two years ago with a $1 billion-plus valuation after selling a majority stake in the business for $600 million to Bridgepoint, an alternative asset fund management group, and the French private ...