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Filip & Company Advises Apax on Finastra’s TCM Division Acquisition

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Filip & Company, working with lead counsel Simpson Thacher & Bartlett, has advised Apax Partners on its proposed acquisition of Finastra’s Treasury and Capital Markets division. 

The transaction remains contingent on regulatory approval.

Apax is a private equity firm.

Finastra is a financial software company. According to Filip & Company, TCM provides a suite of software solutions covering the full transaction lifecycle, compliance, and risk management, including well-known products such as Kondor, Summit, and Opics. With a client base of over 340 financial institutions globally, the carve-out and transformation of TCM into a standalone entity under a new brand marks a significant move in the fintech space.

The Filip & Company team included Partners Alina Stancu Birsan and Ioan Dumitrascu, Senior Associate Simona Despa Ungureanu, and Associate Valeriu Iliescu.

Filip & Company did not respond to our inquiry on the matter.

Serbia Knowledge Partner

SOG in cooperation with Kinstellar is a full-service business law firm in Serbia that provides foreign and domestic clients with premium-quality legal advice and assistance across a wide range of key areas of corporate law. The firm was founded in 2015 by a group of seasoned, internationally-trained lawyers. SOG has developed a distinctively dynamic culture, bringing together top talent, fostering entrepreneurship, and maintaining exceptional relationships with its clients.

SOG has achieved consistent growth in the volume of its business, accompanied by an exponential increase in the number of hired associate lawyers and the firm’s network of business contacts. SOG has a robust client base of multinationals, investment and private equity firms, and financial institutions. Clients praise SOG for being commercially minded, very responsive and knowledgeable.

Establishing permanent cooperation with Kinstellar is part of realising SOG's long-term development strategy to be the leading provider of legal services in the Western Balkans market.

Firm's website: https://www.kinstellar.com/

 

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