Freshfields advises Cinven on majority investment in Objectway

Global law firm Freshfields is advising international private equity firm Cinven on its agreement to make a majority investment in Objectway, a leading provider of software and services to financial institutions across Europe, North America and the Middle East.

Founded in 1990 and headquartered in Milan, Objectway provides a modular, front-to-back office “Solution-as-a-Service” platform to more than 250 financial institutions across over 16 countries. The investment by Cinven will support Objectway’s continued growth, including organic expansion and targeted M&A.

This transaction represents the first investment from Cinven’s new mid-market strategy and continues Freshfields’ long-standing relationship with Cinven. Completion is subject to regulatory approvals and customary closing conditions.

The Freshfields team is being led by partners Luigi Verga and Alastair Brown, together with senior associate Vittoria Deregibus. Financing is led by partners Francesco Lombardo and Aled Batey, as well as counsel Giuliano Marzi. Martin McElwee is leading on antitrust matters, and Toni Marciante is advising on tax.