Adviser software provider Intelliflo has been sold to investment business Invesco by its owner Hg, the manager of Hg Capital Trust.
Intelliflo provides front and back‑office software solutions to IFAs and networks, wealth managers, life companies and brokers.
Intelliflo’s most well-known product is its Intelligent Office software platform which is widely used by advice businesses. According to the market statement Intellifo’s services are used by around 30% of the advice profession.
Paul Haworth, CEO of GetBusy Plc said: “Intelliflo’s Intelligent Office is a key integration for our Virtual Cabinet product for the financial services sector. Our integration with them was announced 3 years ago:
https://www.intelliflo.com/press-releases/intelliflo-virtual-cabinet
The Intelliflo / Invesco deal shows the demand there is for productivity improvement and workflow automation solutions in the professional services world.”
GetBusy Plc (LON:GETB) is a London Stock Exchange, AIM listed, success story with 617k registered online users and counting. Its Virtual Cabinet document management software is used by some of the largest Accounting firms in the United Kingdom, and is taking off in Australia. While its award winning SmartVault document management software for small to medium businesses is thriving in the United States.