Private equity firm Apax Partners leads in $2 billion deal to acquire Finastra unit

From Yahoo Finance: 2025-05-02 16:54:00

Private equity firm Apax Partners is in talks to buy Finastra’s treasury and capital markets business for around $2 billion. The London-based company is the frontrunner in the auction held by Vista Equity Partners, the majority owner of Finastra. Final bids have been submitted, with Apax considered the favorite, though another party could still emerge as the winner. Finastra, created in 2017 by Vista, provides software for financial institutions to process trades and manage risk. Despite market volatility from the trade war, deals in sectors like financial software continue, as seen with KKR’s recent $3.1 billion agreement for OSTTRA.



Read more at Yahoo Finance: Buyout firm Apax favorite to win Finastra unit in $2 billion deal, sources say