Aquiline announces close of Archway acquisition
Aquiline, a private investment firm, has completed its acquisition of SEI's (NASDAQ:SEIC) Family Office Services business, which will now operate independently as Archway. The company announced key leadership appointments, including Anthony Abenante as CEO and Steve Meyer as Chairman of the Board of Directors.
Archway provides comprehensive solutions for family offices, private banks, and wealth advisors through its general ledger accounting software platform, investment reporting, and fund administration services. The company will focus on expanding platform capabilities, enhancing client experience, and scaling services under Aquiline's ownership.
Under the new ownership, Archway plans to accelerate product innovation, deepen client partnerships, and expand market reach. The company will receive substantial new investment from Aquiline to strengthen its product offerings, customer experience, and talent acquisition efforts.
Aquiline, una società di investimento privata, ha completato l'acquisizione del business Family Office Services di SEI (NASDAQ:SEIC), che ora opererà in modo indipendente con il nome di Archway. L'azienda ha annunciato importanti nomine dirigenziali, tra cui Anthony Abenante come CEO e Steve Meyer come Presidente del Consiglio di Amministrazione.
Archway offre soluzioni complete per family office, banche private e consulenti patrimoniali tramite la sua piattaforma software di contabilità generale, reportistica sugli investimenti e servizi di amministrazione di fondi. L'azienda si concentrerà sull'espansione delle capacità della piattaforma, sul miglioramento dell'esperienza cliente e sull'ampliamento dei servizi sotto la guida di Aquiline.
Sotto la nuova proprietà, Archway intende accelerare l'innovazione dei prodotti, rafforzare le partnership con i clienti ed espandere la propria presenza sul mercato. Riceverà un significativo investimento da Aquiline per potenziare l'offerta di prodotti, l'esperienza dei clienti e le attività di acquisizione di talenti.
Aquiline, una firma de inversión privada, ha completado la adquisición del negocio de Family Office Services de SEI (NASDAQ:SEIC), que ahora operará de manera independiente bajo el nombre de Archway. La compañía anunció nombramientos clave en su liderazgo, incluyendo a Anthony Abenante como CEO y Steve Meyer como Presidente del Consejo de Administración.
Archway ofrece soluciones integrales para oficinas familiares, bancos privados y asesores patrimoniales a través de su plataforma de software de contabilidad general, informes de inversión y servicios de administración de fondos. La empresa se enfocará en expandir las capacidades de la plataforma, mejorar la experiencia del cliente y escalar los servicios bajo la propiedad de Aquiline.
Bajo la nueva propiedad, Archway planea acelerar la innovación de productos, profundizar las alianzas con clientes y ampliar su alcance en el mercado. Recibirá una inversión significativa de Aquiline para fortalecer su oferta de productos, la experiencia del cliente y los esfuerzos de adquisición de talento.
Aquiline은 사모 투자 회사로서 SEI (NASDAQ:SEIC)의 패밀리 오피스 서비스 사업부를 인수 완료했으며, 해당 사업부는 이제 독립적으로 Archway라는 이름으로 운영됩니다. 회사는 Anthony Abenante를 CEO로, Steve Meyer를 이사회 의장으로 임명하는 주요 리더십 인사를 발표했습니다.
Archway는 가계 사무소, 사설 은행 및 자산 관리사를 위해 일반 원장 회계 소프트웨어 플랫폼, 투자 보고 및 펀드 관리 서비스를 포함한 종합 솔루션을 제공합니다. 회사는 Aquiline 소유 하에 플랫폼 기능 확장, 고객 경험 향상 및 서비스 규모 확대에 주력할 예정입니다.
새로운 소유주 아래에서 Archway는 제품 혁신 가속화, 고객 파트너십 심화 및 시장 확대를 계획하고 있습니다. Aquiline로부터 상당한 신규 투자를 받아 제품 제공, 고객 경험 및 인재 확보 노력을 강화할 것입니다.
Aquiline, une société d'investissement privée, a finalisé l'acquisition de l'activité Family Office Services de SEI (NASDAQ:SEIC), qui opérera désormais de manière indépendante sous le nom de Archway. La société a annoncé des nominations clés au sein de sa direction, notamment Anthony Abenante en tant que CEO et Steve Meyer en tant que Président du Conseil d'administration.
Archway propose des solutions complètes pour les family offices, les banques privées et les conseillers en gestion de patrimoine via sa plateforme logicielle de comptabilité générale, ses rapports d'investissement et ses services d'administration de fonds. L'entreprise se concentrera sur l'expansion des capacités de la plateforme, l'amélioration de l'expérience client et le développement des services sous la propriété d'Aquiline.
Sous cette nouvelle direction, Archway prévoit d'accélérer l'innovation produit, d'approfondir les partenariats clients et d'élargir sa présence sur le marché. Elle bénéficiera d'un investissement important d'Aquiline pour renforcer son offre produit, l'expérience client et les efforts de recrutement de talents.
Aquiline, eine private Investmentgesellschaft, hat die Übernahme des Family Office Services Geschäfts von SEI (NASDAQ:SEIC) abgeschlossen, das nun eigenständig unter dem Namen Archway operieren wird. Das Unternehmen gab wichtige Führungspositionen bekannt, darunter Anthony Abenante als CEO und Steve Meyer als Vorsitzenden des Vorstands.
Archway bietet umfassende Lösungen für Family Offices, Privatbanken und Vermögensberater durch seine Buchhaltungssoftware-Plattform, Investment-Reporting und Fondsverwaltungsdienste. Das Unternehmen wird sich unter der Leitung von Aquiline auf die Erweiterung der Plattformfunktionen, die Verbesserung der Kundenerfahrung und die Skalierung der Dienstleistungen konzentrieren.
Unter der neuen Eigentümerschaft plant Archway, die Produktinnovation zu beschleunigen, die Kundenbeziehungen zu vertiefen und die Marktreichweite auszubauen. Das Unternehmen erhält erhebliche neue Investitionen von Aquiline, um das Produktangebot, die Kundenerfahrung und die Talentakquise zu stärken.
- Substantial new investment planned for product development, customer experience, and talent
- Appointment of experienced leadership team including former Credit Suisse Global Head of Equities as CEO
- Strategic focus on expanding platform capabilities and scaling services
- Support from Aquiline's wealth management expertise and investment experience
- Transition period as company separates from SEI ownership
- Potential integration challenges as new management team takes control
Insights
SEI completed sale of its Family Office Services unit to Aquiline, impacting corporate structure but financial terms remain undisclosed.
SEI (SEIC) has completed the divestiture of its Family Office Services business to Aquiline, a private investment firm specializing in financial services and technology. The divested business will now operate independently under its original name, Archway. While the press release indicates the business experienced "strong growth" under SEI's ownership, no financial details of the transaction were disclosed, making it impossible to assess the direct financial impact on SEI.
The strategic significance lies in SEI's portfolio streamlining, as the company appears to be refocusing its business model by divesting this specialized unit. Family Office Services represents a niche segment within SEI's broader wealth management offerings, catering specifically to ultra-high-net-worth families through accounting software and investment reporting services.
The press release focuses primarily on Archway's future under Aquiline's ownership, with several leadership appointments including Anthony Abenante as CEO and Steve Meyer joining as Board Chairman. Aquiline's stated strategy involves expanding Archway through both organic growth and acquisitions, positioning it to capitalize on what they describe as an "underserved market with increasing complexity."
For SEI investors, this transaction represents a structural change to the company's business portfolio. The true impact will only become clear when SEI discloses the financial terms of the deal and articulates how this divestiture aligns with its long-term strategic direction. Without these details, it's difficult to determine whether this represents value creation through profitable divestiture or the shedding of an underperforming asset.
After a strong period of growth under SEI's ownership, Aquiline is excited to support Archway with substantial new investment into product, customer experience, and talent.
Archway also announced the appointment of several key executives to lead the newly independent company. Anthony Abenante will join Archway as CEO. Anthony most recently served as Global Head of Equities at Credit Suisse and previously was the CEO of Instinet, where he expanded multi-asset trading capabilities and led platform modernization efforts serving institutional clients across more than 60 markets.
"Archway sits at the intersection of fintech, data, and service—exactly the kind of platform I've spent my career scaling. I'm excited to work alongside our talented team and Aquiline to expand our platform capabilities, enhance client experience, and scale our services to meet growing demand across the family office and private wealth ecosystem," said Abenante.
Steve Meyer will join the Board of Directors as Chairman. "Having been a part of SEI during their acquisition of Archway, I have seen the tremendous progress the business has made under their ownership. I'm incredibly excited to have the opportunity to be a part of this next chapter of the Archway story and continue to build upon its success serving the family office and private banking customers. Archway operates in one of the most dynamic segments of the wealth management market, where complexity and demand for institutional-grade infrastructure has never been higher."
Archway delivers a comprehensive suite of solutions to family offices, private banks and wealth advisors through the industry's most robust general ledger accounting software platform, along with investment reporting and fund administration services.
Vincenzo La Ruffa, Managing Partner of Aquiline said: "Family offices are an underserved market with increasing complexity of investment portfolios, generational changes and associated operational challenges. We believe Archway has developed the most powerful platform in the industry and we are excited to keep building. Having worked with Anthony as an advisor to Aquiline and board member in the past, we're thrilled to be partnering with him to grow Archway both organically and through complementary acquisitions."
Nick Seibert, Principal at Aquiline added "Having invested in several wealth management software and services platforms, we are excited to leverage Aquiline's depth of experience in partnership with the existing Archway platform and team to build upon its success. Through our experiences with Mirador and Landytech, we see a clear opportunity to grow Archway's client base."
With Aquiline's investment and strategic guidance, Archway enters a new phase as an independent company focused on accelerating product innovation, deepening client partnerships, and expanding its market reach. The company plans to invest in its core platform, enhance its outsourced service capabilities, and build new solutions to meet the evolving needs of family offices and complex wealth enterprises.
About Aquiline
Aquiline Capital Partners LP ("Aquiline") is a private investment firm based in
For more information about Aquiline, its investment professionals, and its portfolio companies, visit: aquiline.com.
About SEI®
SEI (NASDAQ: SEIC) is a leading global provider of financial technology, operations, and asset management services within the financial services industry. SEI tailors its solutions and services to help clients more effectively deploy their capital—whether that's money, time, or talent—so they can better serve their clients and achieve their growth objectives. As of March 31, 2025, SEI manages, advises, or administers approximately
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SOURCE Aquiline Capital Partners LP
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