F2 Strategy has bought Intelligo Partners, a Toronto-based investment technology consulting firm, in a move that broadens F2's platform implementation capabilities and builds on its growing presence in Canada.
The Pennsylvania-based firm provides business and digital transformation services to wealth and asset managers globally and said the acquisition supports its ambition to become the top North American consultancy dedicated to technology in the asset and wealth management space.
Intelligo, established in 2012, works with asset and wealth managers on upgrading investment technology systems, covering advisory work, implementation and support once systems go live. The firm has developed its own delivery frameworks and tools and has guided a number of prominent Canadian investment firms through complicated technology overhauls.
"Intelligo is an outstanding addition to F2," said Beach, CEO of F2. "Canada represents one of the most important growth markets for our business, and organizations across the region are investing in the platforms and capabilities needed to support the next generation of asset and wealth management. Intelligo brings deep implementation expertise, trusted client relationships and a founder-led culture that closely aligns with our own."
The Intelligo purchase comes on the heels of F2's acquisition of Meradia earlier this year.
F2 argues that as investment firms move past early-stage AI pilots and toward broader transformation efforts, they require partners capable of overhauling core investment infrastructure while connecting high-level strategy with execution in increasingly intricate tech environments.
F2 says combining Meradia's existing footprint with Intelligo's implementation know-how gives it stronger local ties and delivery capacity to support Canadian financial institutions through wide-ranging technology projects.
Hong, managing partner at Intelligo Partners, said the deal opens new doors for his team and clients alike.
"Joining F2 represents an exciting opportunity for our team and our clients," Hong said. "We've built our business by helping asset and wealth managers solve complex technology challenges with practical, client-focused advice and delivery. As part of F2, we'll be able to offer clients broader transformation capabilities while continuing to deliver the personalized service they expect."
With Intelligo now part of the fold alongside Meradia, F2 says it can offer a fuller range of consulting work, from strategy and operations through platform implementation, data transformation and ongoing support. That means clients could potentially work with one firm across the full lifecycle, from initial planning through to long-term system optimization.
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