Azimut agrees to buy investment app Beanstox

By Public Technologies
  • Azimut Holding agreed to buy 100% of Beanstox, a U.S. automated investment advisory app, marking an entry into U.S. direct-to-consumer wealth.
  • Beanstox offers subscription-based, automated ETF portfolios via a mobile app; it was co-founded in 2018 by Kevin O’Leary and Connor O’Brien.
  • The deal positions Beanstox as Azimut’s digital gateway in the U.S., its second-largest market by assets, leveraging Azimut’s U.S. ETF lineup.
  • Transaction aims to target roughly 60% of U.S. adults, about 120 million people, who are not currently investing.
  • Closing is expected in Q4 2026, with Beanstox’s management team set to continue running the business.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Azimut Holding S.p.A. published the original content used to generate this news brief via SDIR, the Italian regulatory disclosure system (Ref. ID: 0718-38-2026_TELEBORSA.pdf), on September 29, 2026, and is solely responsible for the information contained therein.

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