Kirkland Advises Finastra on Sale of Treasury and Capital Markets Division to Apax
Kirkland & Ellis is advising Finastra, a global provider of financial software applications and a portfolio company of Vista Equity Partners, on the agreement under which Finastra intends to sell its Treasury and Capital Markets (TCM) business unit to an affiliate of funds advised by Apax Partners LLP. The sale of TCM will streamline Finastra's portfolio and generate capital for reinvestment to enhance the company's position as one of the world's leading software providers to financial services companies.
The transaction is expected to close in the first half of 2026, subject to customary closing conditions and the completion of information and consultation processes with employee representative bodies, where required.
The Kirkland team includes corporate lawyers Stuart Boyd, Jacob Traff, Nick Appleton, Steven Hunter and Michael Dunton; technology & IP transactions lawyers Emma Flett, Jenny Wilson and Calum Parfitt; and tax lawyers Mavnick Nerwal, Katie Price, Hugo Coleman and Iarlaith McCarthy-Hann.
