Investment firm Cinven boosts Objectway's expansion journey with financial backing
Objectway, a leading provider of digital end-to-end "Solution-as-a-Service" for wealth managers, banks, and asset managers, is set to accelerate its growth following a majority investment by private equity firm Cinven.
The investment will enable Objectway to expand its footprint across wealth management and related financial sectors, broaden product offerings, and scale more rapidly through targeted mergers and acquisitions (M&A). Additionally, there are plans to significantly invest in enhancing its technology platform to meet evolving customer demands, regulatory changes, and technological advancements.
Cinven's financial and strategic support aims to help Objectway deepen its market position as a leading digital end-to-end provider. The private equity firm, with deep expertise and networks in the European mid-market, particularly in technology, tech-enabled services, financial services, and business services, sees Objectway as well-positioned in a structurally growing market driven by increased regulatory complexity, digital customer expectations, and a shift from fragmented legacy systems to integrated, efficient platforms.
Luigi Sbrozzi, Partner and Co-Head of the Strategic Funds at Cinven, is enthusiastic about partnering with Objectway. He views the investment as an opportunity to support Objectway in growing as a clear category leader and accelerating growth.
Objectway's CEO, Luigi Marciano, remains a significant shareholder and will continue in his role as CEO and Chair after the investment. He views the partnership with Cinven as an exciting new chapter for the company, aiming to enhance market leadership, expand international presence, and deliver greater value to financial institutions.
The wealth management ecosystem is exhibiting consistent growth and strong demand for modern technology solutions. The partnership is a strong endorsement of Objectway's business model, leadership team, and long-term growth plan.
This transaction marks the first investment from Cinven's new mid-market strategy. Objectway, headquartered in Milan, Italy, supports more than 250 financial institutions across 16 countries. Cinven believes they make an excellent partner to help Objectway's management team achieve their growth ambitions.
The aim of the Cinven Objectway investment is to leverage Cinven's capital and sector expertise to enable Objectway to accelerate its digital transformation leadership in wealth management technology.
- Objectway plans to leverage its new partnership with ffnews.com to expand its technology platform, aiming to meet evolving customer demands and technological advancements in the finance and business sectors.
- With Cinven's investment, Objectway aspires to strengthen its position in the wealth management market, broadening its product offerings and pursuing targeted mergers and acquisitions (M&A) in technology-focused areas.
