CEO Andreas Borg will leave the company to pursue new professional challenges. Enrico Thor will take over as Finfox's managing director, effective 1st of July 2025.
The private equity firm CHAPTERS Group selectively invests in companies with mission-critical digital solutions across various industries. With the acquisition of Finfox in May 2025, CHAPTERS, whose portfolio includes over 45 software companies, entered the market for digital wealth management solutions. CHAPTERS is committed to the modernisation strategy pursued by Finfox over the past three years and plans to further strengthen the market-leading Finfox platform through the acquisition of additional best-of-breed applications in order to offer existing and new customers an even broader range of digital services.
Marc Maurer, Managing Director of CHAPTERS Software Switzerland GmbH and COO Vertical Market Software of CHAPTERS Group, commented:
"We would like to express our sincere gratitude to Andreas Borg for his significant contribution to the company's direction and the positioning of Finfox as a leading platform for hybrid wealth management. With Enrico Thor, we are taking over as CEO with years of experience in renewing mission-critical software platforms and working with major clients. Under Enrico Thor's leadership, the company will consistently continue its modernisation efforts and create a dedicated innovation layer for Swiss banks, which will provide even better support to Finfox's clients in providing innovative digital services to their end customers."
Jan-Hendrik Mohr, CEO of CHAPTERS Group, adds:
"Finfox has enormous potential to continue growing through targeted investments in technology and service offerings. By continuing to modernise the platform and expanding it with complementary applications, we are creating a holistic, future-proof portfolio for Finfox's customers. Enrico Thor, with his strong technological profile, is exactly the right person to implement this course operationally."
The handover to the new CEO and the implementation of CHAPTERS' group-wide strategy method (Policy Deployment) are in full swing. "Finfox is on a promising transformation path. I look forward to working with the team to shape Finfox's highly dynamic development – with a clear focus on technological innovation, scaling, and future-proof solutions for our customers," says Enrico Thor.
About Finfox
Finfox is a digital platform for hybrid wealth management for banks, advisors, and their clients. Finfox Software and Technology AG is part of the CHAPTERS Group. Thanks to intelligent business logic, a consistent database, and full omnichannel capabilities, Finfox transforms the wealth management process into a cross-channel, interactive, regulatory-compliant, and seamless experience. Finfox's clients include Raiffeisen banks, cantonal banks, and domestic and foreign private banks.
About CHAPTERS Group:
The listed CHAPTERS Group AG (ISIN: DE0006618309) is a Hamburg-based holding company with a market capitalisation of approximately €700 million. It invests in attractive companies across various sectors. It pursues a long-term, entrepreneurial investment approach. CHAPTERS Group supports its portfolio companies through know-how transfer in improving profitability, growth, and customer focus. The shareholder structure is diversified; shareholders include various long-term investors, family offices, the company's own management, and the Massachusetts Institute of Technology (MIT).
Read the original article here.
