Advised BlackFin Capital Partners on the sale of its portfolio company NeoXam, a leading global provider of financial software to buy side and sell side institutions, to Cathay Capital and Bpifrance
May 2018
(a portfolio company of BlackFin Capital Partners)
acquired by
  • Sector: Fintech, WealthTech & InsurTech
  • Deal Type: Private Equity Deals
  • Engagement type: Sellside
  • Size: $200-500m
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Arma Partners is pleased to announce that it has acted as exclusive financial advisor to BlackFin Capital Partners on the sale of its portfolio company NeoXam to Cathay Capital and Bpifrance.

NeoXam is a leading global financial software company, enabling global asset managers and sell-side institutions to address the multiple challenges they face in the front, middle and back-offices. NeoXam has a global footprint serving blue-chip institutions in EMEA, Americas and APAC across 25 countries via 14 offices worldwide. By partnering with Cathay Capital and Bpifrance, NeoXam management intends to leverage the strong growth of the market and the technological assets of its data management, portfolio management system and back office solutions to position NeoXam as a global leader.

This transaction exemplifies Arma Partners’ deep expertise in FinTech and continued track record of advising private equity-backed clients on landmark deals.

-NeoXam is a leading global financial software company, enabling global asset managers and sell-side institutions to address the multiple challenges they face in the front, middle and back-offices.

-The company operates globally serving blue chip institutions in EMEA, Americas and APAC across 25 countries via 14 offices worldwide.

-NeoXam has close to 500 employees serving over 150 clients and over 10,000 users.s

-Cathay Capital Partners is a leading private equity firm in the field of cross-border investment in companies operational in China, Europe and the United States.

-Founded in 2006, the company has offices in Shanghai, Beijing, Paris, Munich, New York and San Francisco and employs over 80 people.

-Cathay manages 8 funds with over $2bn in assets.

-Bpifrance is a private equity and venture capital firm that invests in businesses ranging from start-ups to medium-sized and large companies.

-The company operates as a subsidiary of BPI France SA.

-NeoXam, initially a France focused buy side asset management software provider, has become a truly global player serving blue chip clients on both the buy side and sell side

-Cathay has significant resources and presence in Europe, China and the United States which will help NeoXam in further expanding its operations

-Under new ownership, NeoXam will be able to leverage its position in key markets supported by strong market growth, expand its geographical footprint and accelerate R&D to continue to further refine and expand its offering

-Arma supported the company in the exit process, including crafting the strategic positioning of the business, valuation, preparation of marketing materials, interactions with strategic and private equity counterparties, and supporting the negotiations on the transaction terms

-This transaction exemplifies Arma Partners’ deep expertise in FinTech and continued track record of advising private equity-backed clients on landmark deals