DC Advisory advised Cathay Capital and Bpifrance on the acquisition of NeoXam from Blackfin Capital

Background

• NeoXam is a leading financial software company providing mission critical real-time data management, portfolio management and investment accounting solutions for the buy-side and sell-side financial institutions
• Since its carve-out from Sungard backed by BlackFin Capital Partners in 2014, the company led by Serge Delpla has demonstrated a consistent growth track-record underpinned by numerous contract wins and successful targeted M&A integrations
• With c.450 employees and a global network of 14 offices, NeoXam provides its solutions to a diversified portfolio of 150 blue-chip customers across 25 countries

Process

• DC Advisory acted as sole M&A advisor to Cathay Capital and Bpifrance for the acquisition of NeoXam
• Following a pre-emptive approach, Cathay Capital and Bpifrance have signed an agreement to acquire a majority stake in NeoXam from BlackFin Capital Partners
• Cathay Capital and Bpifrance intend to support and further foster NeoXam and its management team in its ambitious development strategy notably by accelerating its expansion in the US and China
• This transaction illustrates DC Advisory’s expertise in the software sector and highlights its ability to offer buy-side advice in a pre-emptive process