Euronext, the leading pan-European exchange, has announced its agreement to acquire Admincontrol, a well-established provider of board management and data governance solutions. This strategic acquisition is expected to enhance Euronext’s position in the corporate services sector, aligning with its broader vision to improve market transparency and operational efficiency.

Stéphane Boujnah, CEO of Euronext N.V., commented on the acquisition:

"The acquisition of Admincontrol is a major milestone in the delivery of Euronext’s 'Innovate for Growth 2027' ambition to scale up our SaaS business. This transaction will improve our share of subscription-based revenue. The acquisition of Admincontrol positions Euronext Corporate Solutions as a leader in the governance SaaS space and expands our access to new markets in the Nordics where we have already expanded our presence over the years with promising growth prospects. Euronext has all the tools and the relevant network to accelerate the growth of Admincontrol’s state-of-the-art governance solutions. Euronext looks forward to welcoming Admincontrol’s talented teams to further accelerate the deployment of its strategy in Europe."

Merete Hverven, CEO of Visma, the former parent company of Admincontrol, also commented:

"Admincontrol has been a valued part of the Visma portfolio since 2017 and has shown exceptional performance over that time. It has been a pleasure working with the Admincontrol team to build an industry-leading platform. As we increasingly focus the business, I am pleased that Møyfrid and the Admincontrol team will now have the opportunity to benefit from a sharpened focus within Euronext Corporate Solutions."

Møyfrid Øygard, CEO of Admincontrol, added:

"The past eight years have been transformative for Admincontrol, and while Visma has been an invaluable partner for us, joining Euronext is the logical next step for Admincontrol to unlock further growth. Excellent governance is critical for the Euronext network of issuers and customers, and we are excited to bring our complementary product offering to market supporting Euronext Corporate Solutions’ business and its position in the Nordics. I am very grateful to Stéphane and team for their vote of confidence in our product, our team and our culture."

What This Means for Prop Traders and Institutional Investors

For prop firms and institutional traders, this acquisition signals an ongoing shift in how exchanges expand their service offerings:

• Improved Data Governance: With enhanced corporate governance tools, market participants may gain access to more structured and transparent financial data.
  
  
• Enhanced Compliance Solutions: As regulatory scrutiny increases, tools like those provided by Admincontrol can help firms streamline compliance and reduce operational risks.
  
  
• Strategic Diversification by Euronext: By investing in non-trading services, Euronext is positioning itself as a broader market infrastructure provider, which may impact future trading dynamics.

A Step Toward Market Digitalization

The acquisition of Admincontrol aligns with Euronext’s digital transformation strategy, following its previous moves in settlement consolidation and clearing activities. As the exchange continues to innovate, traders and firms operating within its markets should stay attuned to how these changes may influence trading infrastructure, compliance, and access to market intelligence.

Euronext expects to finalize the acquisition in the coming months, pending regulatory approvals and final agreements. The impact of this move on European market structure and corporate governance will become clearer as integration progresses.