StrateVic Finance Group AB (XTRA:SVAB) entered into an agreement to acquire Assets of Wellmont Capital Group N.V. on November 15, 2019. The acquisition will be financed based on an earn-out basis where StrateVic will acquire and fund an underwriting solution to be provided to clients of Wantage One. Following this transaction, Matt Connelly, Head of BankT, will take on the role as Chief Operating Officer and an existing revenue base will be brought to the StrateVic Finance Group. The transaction is subject to a final due diligence. StrateVic Finance Group AB (XTRA:SVAB) cancelled the acquisition of Assets of Wellmont Capital Group N.V. on November 15, 2020.