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Industry news

Finastra to sell Treasury and Capital Markets division to Apax Funds


19 May 2025 UK
Reporter: Jack McRae

Generic business image for news article
Image: stock.adobe.com/Suriya
Finastra has agreed to sell its Treasury and Capital Markets (TCM) division to an affiliate of Apax Funds.

The TCM provides risk management, regulatory compliance, and capital markets operations.

Its sale aims to streamline Finastra’s portfolio and generate capital for reinvestment.

Chris Walters, CEO at Finastra, explains: “It will provide capital to accelerate our strategy and reinvest in our core business, while providing our award-winning TCM platform with the backing of an experienced, long-term technology investor to support its continued success moving forward."

As part of the deal, Apax Funds will support TCM in strategic and operational focus. It will aim to improve customer experience and offer technological advancements, including to the company’s cloud offering.

Jason Wright, partner at Apax, says: “We see significant potential to invest in technology, talent, and customer relationships to accelerate innovation and growth as a standalone company, drawing on our 25 years of experience scaling global software companies.”

The deal will likely close in the first half of 2026.
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