Vista Equity explores options for Finastra, potential $12 billion sale

M&A · Partnership
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Summary · why it matters

Vista Equity Partners is exploring strategic options for Finastra that could include a sale of the financial software provider. The private equity firm is working with bankers at Morgan Stanley on the review, which is in its early stages and could result in a sale of the company, Vista selling a stake in Finastra, or a combination with another industry player, according to a Reuters report citing people familiar with the matter. London-based Finastra has drawn initial interest from parties including other financial sponsors, with Blackstone among possible bidders looking at the firm. Vista, Finastra, Morgan Stanley and Blackstone all declined to comment to Reuters. One person familiar told Reuters Finastra could be worth as much as $12 billion in a sale, and the company is forecast to generate $650 million in EBITDA this year.

Impact on stocks 3

Artificial Intelligence · 1 stocks
Blackstone Group Inc
BX
± MixedCapitalrelevance

Blackstone is named as a possible bidder looking at Finastra, but no deal or terms are confirmed.

Financials · 1 stocks
Morgan Stanley
MS
± MixedCapitalrelevance

Morgan Stanley is advising Vista on the Finastra review, an early-stage mandate with no confirmed outcome.

Energy · 1 stocks

Off-coverage companies 2

FinastraPrivate± Mixed
Capitalrelevance

Finastra is the subject of a potential sale/stake deal valued at up to $12 billion, still in early stages.

Vista Equity PartnersPrivate± Mixed
Capitalrelevance

Vista Equity Partners is exploring strategic options for Finastra, including a potential $12B sale.