International legal practice Osborne Clarke has advised Finantix, a leading provider of technology enabling digitalisation of financial services, on the acquisition of a controlling interest in it by Motive Partners.
Motive Partners will support Finantix and its founders in continuing to build out their market leading suite of products and expand their geographic footprint in to core growth markets. The transaction announcement follows strong financial results at Finantix, with the company having experienced significant growth in recent years.
With a global customer base spanning over 45 countries, Finantix is leading technology provider enabling the digitalisation of omni-channel advisory, sales and services processes of private banks, wealth managers and insurance companies. The company offers a suite of software components, accelerators, APIs and engines that collectively support the digitalization of sales, onboarding, advisory, products origination, services and transactions throughout the client life-cycle, across channels and devices for mass affluent to ultra-high net worth clients.
Motive Partners is a sector specialist investment firm that is focused on technology-enabled companies that power the financial services industry. Based in New York and London and comprised of investors, operators and innovators, Motive Partners brings differentiated expertise, connectivity and capabilities to create long-term value in financial technology companies.
The Osborne Clarke team that advised on the transaction was led by Head of the Business Transactions Group, Partner Greg Leyshon, who was assisted by Associate Director Tom Try and Senior Associate Robert Pook.
Osborne Clarke’s corporate team is considered the go-to practice for many businesses in the tech, media and communications sector, working with leading global businesses, fast-growth start-ups and market challengers. The team advises at every stage of company development across all corporate areas, from equity and debt fundraising to M&A, IPOs and JVs.