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Travers Smith advises Inflexion on the acquisition of a majority stake in European fintech Nomentia 

Overview

Travers Smith LLP has advised Inflexion on the acquisition of a majority stake in European fintech Nomentia from PSG Equity and Verdane

 

Nomentia, headquartered in Helsinki, is a European treasury and cash management software provider delivering a portfolio of solutions around bank connectivity, payments, cash visibility and forecasting, trade finance, and risk & reporting. Nomentia’s base of 1,400-plus blue chip customers spans a wide range of industries and geographies across Europe with the firm's solutions used in over 80 countries to process more than €1.2 trillion of payments annually.

The Travers Smith team was led by Private Equity & Financial Sponsors Partners Tom Hartwright and Will Yates and Senior Counsel Joanna Roberts assisted by Senior Associate Alex Watt and Associates Shannon Anstee, Caragh Jenkins and Lora Abagero. Specialist advice was provided by Tax Partner Simon Skinner and Senior Associate Joseph Sheldrick.

Roschier, with a team led by Corporate Partner Kiira Tuohimaa-Leiso and supported by Senior Associate Laura Hakkarainen, Principal Associate Andreas Bussman and Associate Mira Ahonen, advised Inflexion on the Finnish law aspects of the transaction.

The transaction is subject to regulatory approvals.

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