Vista Explores Sale for Finastra
Private equity firm Vista Equity Partners is exploring strategic options including a potential sale for financial software provider Finastra. The company could be valued at up to twelve billion dollars.
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Vista Equity Partners is exploring strategic options for Finastra, including a full sale that could value the financial software provider at up to $12B. Morgan Stanley is advising on the early-stage process, according to four people familiar with the matter. The potential exit comes as private equity firms look to capitalize on recovering investor appetite for financial technology assets.
