WTS Advisory advises the cleversoft Group on its planned acquisition of FAIT Internet Software

Munich, June 3, 2026 – WTS, an international full-service provider of tax consulting and complementary financial advisory services, advised the cleversoft Group on its planned acquisition of FAIT Internet Software GmbH, an Austrian fintech company specializing in digital solutions for financial advisory services. The scope of the advisory services included financial due diligence, tax due diligence, tax advice on the acquisition structure, and transfer pricing advice.

The cleversoft Group is a leading provider of cloud-based RegTech and compliance software solutions for regulated financial service providers. The group supports banks, insurance companies, asset managers, and other financial institutions in the digitization and automation of regulatory processes, particularly in the areas of compliance, reporting, and financial services software.

FAIT Internet Software GmbH is a Vienna-based FinTech company that develops software solutions for digital securities advisory and wealth management. Among other things, the company offers securities advisory software, modular APIs, and real-time market data for banks, asset managers, and insurance companies.

With the planned acquisition of FAIT, the cleversoft Group is expanding its range of solutions in the area of digital financial advisory and wealth management. FAIT complements the cleversoft Group’s existing portfolio with solutions for digital advisory workflows, portfolio management, and data-driven investment processes. The transaction thus strengthens the cleversoft Group’s position as a provider of integrated software solutions for digital advisory, regulatory compliance, and reporting in the financial services sector.

WTS supported the transaction with financial due diligence, tax due diligence, transfer pricing advisory services, and tax advice on the acquisition structure.

The Client Relationship Team led by Jörg Hanken and Stefan Krämer managed the client relationship and provided transfer pricing advisory services.

The WTS Deal Advisory Team led by Christian Hörmann was responsible for conducting the financial due diligence.

The WTS Tax Team led by Jürgen Reinold conducted the tax due diligence.

Christian Schießl and Manuel Tremmel advised on the tax acquisition structure.

WTS Advisory Teams

Client Relationship Team and Transfer Pricing Advisory:

Jörg Hanken, Partner
Stefan Krämer, Senior Manager

Financial Due Diligence:

Christian Hörmann, Partner
Dr. Julian Schneider, Senior Consultant
AmirAli Maayeshi, Professional

Tax Due Diligence:

Dr. Jürgen Reinold, Managing Director
Dr. Marie Böhler, Senior Manager
Mag. Martin Paller, Senior Manager

Tax Advisory on the Acquisition Structure:

Christian Schießl, Partner
Manuel Tremmel, Manager