PT
Autoridade da Concorrência

Case details

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Merger control
Case reference
Ccent/2025/46 - MFGA / TMCI
Acquired
Finastra - (Divisão de Tesouraria e Mercados de Capitais e Gestão de Investimentos)
Description
Active in the IT sector, specifically in the field of programming and software development, providing software and platforms aimed at clients in the financial services sector.
Acquiring
MFGA Bidco Limitada
Description
A vehicle company owned by investment funds advised by Apax Partners LLP. Apax Partners provides advisory services to private equity funds investing in a variety of sectors.
Sector
Activity (NACE)
Applicable legislation
Notification thresholds
Type of merger
Cooperation with sector regulators
Status
Closed
Type of Investigation
Phase 1
AdC’s decision
Non-opposition
Case description

The merger transaction consists of the acquisition, by MFGA Bidco Limitada (“MFGA”), of the Treasury and Capital Markets and Investment Management Division of the Finastra Group (“TMCI”).
Timeline
2025-07-09
AdC adopted a non-opposition decision in concentration operation 46/2025 - MFGA / TMCI.
2025-06-20
MFGA notifies the acquisition of exclusive control over TMCI.
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