Objectway Accelerates Its Growth Path Through an Investment From Cinven in Partnership With Its Founder Luigi Marciano and the Existing Management Team
The majority investment marks the start of a new phase of growth for Objectway, leveraging its resilient and scalable business model, its end-to-end solution-as-a-service platform, and long-term partnerships with a blue-chip customer base.
Article content
LONDON & MILAN — Luigi Marciano, founder of Objectway, a leading provider of software and services to financial institutions across Europe, North America and the Middle East, along with Objectway's management team and international private equity firm, Cinven, today announced an agreement under which Cinven will make a majority investment in Objectway. Luigi Marciano will remain a significant shareholder alongside Cinven, and continue in his role as CEO and Chair. He and his existing management team will continue to manage the business, and Cinven's backing will provide strategic and financial support, including continued investment in technology innovation, as well as support for future organic growth and targeted M&A opportunities. Together, Luigi Marciano, his team and Cinven aim to expand Objectway's market leadership while delivering consistently high value to clients. Financial terms of the investment are not disclosed.
Article content
Article content
Objectway is a leading digital end-to-end 'Solution-as-a-Service' provider for wealth managers, banks and asset managers. Objectway provides customers with a mission-critical, modular, front-to-back office software and solutions platform, delivered through a flexible design based on scalable cloud infrastructure. Founded in 1990 and headquartered in Milan, Objectway supports more than 250 financial institutions across more than 16 countries. With offices across Europe and North America, Objectway combines mission-critical technology and services with deep domain expertise.
Article content
The wealth management ecosystem is exhibiting consistent growth and strong demand for investment in modern technology solutions from established providers, presenting opportunities to digitise the industry and capture market share. Industry trends include the need to transition from fragmented legacy systems to integrated end-to-end solutions that create efficiency in front-to-back office processes, serving clients consistently, across the value chain, geographies, and investor segments.
Article content
Cinven believes that Objectway is a compelling primary investment opportunity based on a number of attractive characteristics, including its:
Article content
Well-established position in a structurally growing market: Outsourced technology and tech-enabled services spend across the wealth management, banking and asset management industries is expected to grow strongly, driven by increasing regulatory complexity, customer demand for digital solutions, and the continued focus of customers on protecting margins;
Differentiated offering: Objectway has a differentiated end-to-end front, middle and back-office platform offering across a wide-spectrum of wealth management customer types. Objectway has consistently been selected by many of the world's wealth managers, private banks, asset managers and asset services as their digital wealth platform for its thoughtful and innovative product roadmap, which integrates client feedback, regulatory requirements, technological advancements, and evolving market dynamics;
Attractive and resilient business model: Objectway has highly recurring revenues and earnings visibility and strong cash flow generation, driven by its blue-chip customer base and growing 'Solution-as-a-Service' delivery model;
Multiple further growth and value creation levers: With Cinven's financial and strategic support, there are significant further growth opportunities for the business, including through organic growth, targeted M&A, and accelerated investment into the technology platform; and
Strong founder-led management team: Opportunity to partner with a strong and experienced management team led by its founder, CEO and Chair, Luigi Marciano, for the next stage of the company's growth.
Article content
This transaction represents the first investment from Cinven's new mid-market strategy. The European mid-market is an investment space where Cinven has deep expertise and networks to draw on, particularly in areas aligned with the firm's core geographic and sector strengths, including across technology and tech-enabled services, financial services and business services.
Article content
Luigi Marciano, CEO, Chair and founder of Objectway said:
Article content
'Partnering with Cinven marks an exciting new chapter for Objectway. Their investment is a strong endorsement of our business model, our leadership team, and our long-term growth plan. Together, we're well-positioned to accelerate our expansion, further strengthen our market position, accelerate the enhancement of our platform, and continue delivering exceptional value to our customers and to the market.'
Article content
Luigi Sbrozzi, Partner and Co-Head of the Strategic Funds at Cinven said:
Article content
'We believe that Cinven makes an excellent partner to help Luigi Marciano and the wider management team achieve their bold growth ambitions. Cinven has a wealth of experience in the financial services and technology sectors, and a successful track record of partnering with exceptional management teams to create market leading businesses by investing for growth, including through tech-led innovation and buy and build strategies. We're thrilled to back such a strong founder and management team to grow Objectway as a clear category leader, and look forward to working together to accelerate growth, broaden capabilities, and support global expansion.'
Article content
Advisors to Objectway on the transaction included Houlihan Lokey as financial advisor and Deloitte for strategic consulting on the business plan, as well as financial, commercial, and technical due diligence. PwC advised on tax and legal due diligence. Giovannelli Associati acted as the legal advisor and Russo De Rosa Associati as the tax advisor.
Cinven was advised by Jefferies (M&A), Freshfields (Legal), PwC (Financial), Alix Partners (Technology & Operations), Oliver Wyman (Commercial) and Deloitte (Tax and Structuring).
The transaction is subject to regulatory approvals and other customary closing conditions.
Article content
About Objectway
Article content
For more than 30 years, Objectway has been building successful partnerships with banking, asset and wealth management firms to empower and scale their business with a broader societal objective: preserve capital and improve the financial wellbeing of their clients.
Objectway offers a leading as-a-service growth platform for banks, wealth & asset managers and their investors. The Objectway platform provides these financial institutions with superior scalability for greater performance to empower their entire value chain.
Objectway's end-to-end solution design allows its customers to be serviced consistently within both a local and international setting, underpinned by 24-7 secure infrastructure.
As a global Top 100 FinTech provider (IDC FinTech Rankings), Objectway administers more than €1 trillion of assets and supports more than 100,000 investment professionals (financial advisers, private bankers, relationship managers) to manage more than €800 billion of asset under management for more than 5 million investors. FY 2024 revenue exceeded €120 million and clients include more than 250 leading banks, wealth managers, asset managers and insurers across Europe, the Middle East and Canada.
Objectway has a global organisation including more than 800 business and technology professionals, with operating offices in Italy, the UK, Belgium, Germany, Switzerland, France, Ireland, and Canada.
Objectway's flexible solution design addresses global and regional organisation structures across jurisdictions. Scale generates scale through expansion across customers, geographies and along the value chain.
Article content
About Cinven
Article content
Cinven is a leading international private equity firm focused on building world-class global and European companies. Its funds invest in six key sectors: Business Services, Consumer, Financial Services, Healthcare, Industrials and Technology, Media and Telecommunications (TMT). Cinven has offices in London, New York, Frankfurt, Paris, Milan, Madrid, Guernsey and Luxembourg.
Cinven takes a responsible approach towards its portfolio companies, their employees, suppliers, local communities, the environment and society.
Cinven Limited is authorised and regulated by the Financial Conduct Authority. Cinven Fund Management S.à r.l. is authorised and regulated by the Commission de Surveillance du Secteur Financier.
In this press release 'Cinven' means, depending on the context, any of or collectively, Cinven Holdings Guernsey Limited, Cinven Partnership LLP, and their respective Associates (as defined in the Companies Act 2006) and/or funds managed or advised by any of the foregoing.
For additional information on Cinven please visit www.cinven.com and www.linkedin.com/company/cinven/.
Article content
Article content
Article content
Article content
Contacts
Article content
Contact – Objectway
Article content
Article content
Chiara Giudici
Article content
Article content
Communication Manager
Article content
Article content
+39 393 8229579
Article content
Article content
chiara.giudici@objectway.com
Article content
Article content
objectway.com
Article content
Marketing Team (Objectway)
Article content
Article content
mktg@objectway.com
Article content
Contact – Cinven
Article content
Article content
Clare Bradshaw
Article content
Article content
Tel. +44 (0)7881 918 967
Article content
Article content
Email.
Article content
clare.bradshaw@cinven.com
Article content
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Globe and Mail
an hour ago
- Globe and Mail
Prediction: This Dividend Stock Will Beat the Market Over the Next 5 Years
Key Points Unfazed by an uncertain environment, Marriott continues to steadily grow. The lodging specialist's Marriott Bonvoy loyalty program is experiencing rapid growth. With a handful of growth drivers, Marriott's growth story looks extremely durable. 10 stocks we like better than Marriott International › As investors all seem to be tripping over each other to buy into the momentum in artificial intelligence (AI) stocks, there are some good investment opportunities sitting in plain sight. One that is out of favor this year, with its shares down almost 7% year to date as of this writing, is hospitality company Marriott International (NASDAQ: MAR). The company's second-quarter results showed growth in both revenue per available room (RevPAR) and total rooms available, leading to robust top and bottom-line growth. A powerful loyalty program and successful co-branded credit cards are driving results and creating an engaged customer base that can continue fueling growth for years to come. Multiple key growth drivers One of the biggest things Marriott has going for it is the breadth of its growth drivers. Sure, the business looks good on the surface. Second-quarter adjusted revenue (total revenue less cost reimbursement revenue) rose about 6% year over year to more than $1.8 billion, and adjusted earnings per share rose by the same amount. But the diversified sources of Marriott's growth strengthen the stock's bull case, capturing the durability of the company's growth story. Consider the different ways the company is growing. First, there's the Marriott's net rooms growth. Management confirmed in its second-quarter update that it expected net rooms growth for the full year to approach 5%. Second, the company benefits from an extremely fast-growing loyalty program. Second-quarter Marriott Bonvoy members totaled 248 million, up 18% year over year. This membership program is translating into tangible loyalty, with a record 69% of rooms booked globally during the quarter coming from Marriott Bonvoy members. The penetration was even more significant in the U.S. and Canada, where 74% of rooms booked were a part of the Marriott Bonvoy loyalty program. Third, Marriott's co-branded credit card fees, another way the company encourages customer engagement and loyalty, continued to rise at a rate of about 10% year over year -- a figure management has said generally reflects strong increases in global card spend. Also helping customer engagement, the company continues to make strategic partnerships with consumer-focused companies like Uber and Starbucks in an effort to deepen relationships with its members and capture a greater share of their wallet. Given Marriott's significant effort invested in engaging its members, it's unsurprising that the company is experiencing not only growth in net rooms but also an increase in revenue per available room. Highlighting the company's pricing power even in an uncertain macroeconomic environment, RevPAR increased 1.5% worldwide in Q2. A good dividend stock Though Marriott isn't growing at a breakneck pace like many of Wall Street's AI darlings, it offers a durable growth story backed by a handful of catalysts with great momentum -- not to mention an iconic and globally known travel brand. In addition, the company is demonstrating its ability to grow even with a shaky macroeconomic backdrop. Of course, investors will have to keep in mind the risks. First and foremost, any decline in global interest in traveling could adversely impact the company. Second, if the company's momentum in its loyalty program tapers off, investors could become convinced that Marriott's strategic efforts to enhance the program may have its highest-impact days in the rearview mirror. But the stock's reasonable price-to-earnings ratio in the high twenties seems fair, even with these risks in mind. Additionally, there's a lot to like about the company's capital return program. Marriott has a practice of returning excess capital to shareholders through a dividend, which has steadily grown over time, and share repurchases. Indeed, Marriott said in its second-quarter update that it was on track to return about $4 billion (about 6% of its current market capitalization) to shareholders via repurchases and dividends during 2025. Considering the company's diversified growth drivers, its dividend yield of more than 1%, a meaningful share repurchase program, and a reasonable valuation, Marriott looks like a good dividend stock for investors to add to their portfolios. Even more, the stock could outperform the market over the long haul -- especially if many of today's hyped-up AI stocks see their valuations come down in the coming years, weighing on the overall market's returns. Should you invest $1,000 in Marriott International right now? Before you buy stock in Marriott International, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Marriott International wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $635,544!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,099,758!* Now, it's worth noting Stock Advisor's total average return is 1,046% — a market-crushing outperformance compared to 181% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of August 4, 2025 Daniel Sparks and his clients have no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Starbucks and Uber Technologies. The Motley Fool recommends Marriott International. The Motley Fool has a disclosure policy.
Globe and Mail
an hour ago
- Globe and Mail
Battle of Dividend Stocks: Microsoft vs. Meta Platforms
Key Points Microsoft boasts a 20-year streak of consecutive annual dividend increases. Meta's dividend is new and unproven, but it's backed by strong free cash flow and rapid business growth, giving it meaningful long-term upside. Both are good dividend stocks, but one is the clear winner. 10 stocks we like better than Microsoft › Microsoft (NASDAQ: MSFT) has long been a go‑to for income among tech stocks, while Meta Platforms (NASDAQ: META) only began paying dividends last year. But Microsoft's long and impressive dividend track record doesn't automatically make it the better dividend stock when comparing the two. On the surface, software giant Microsoft's dividend yield of about 0.6% comfortably exceeds social media specialist Meta's yield of roughly 0.3%. But beneath this headline dividend metric, the comparison isn't so straightforward. Ultimately, though, one of the two stocks does come out ahead when comparing them as dividend stocks. So, which is it? Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Learn More » Microsoft: a reliable dividend growth stock Highlighting Microsoft's track record of dividend growth, its quarterly payout of $0.83 per share, or $3.32 annually, represents a 10% boost over its dividend last year. Furthermore, the dividend marks the company's 20th consecutive year of increases. Despite Microsoft's modest dividend yield of just 0.6%, the company's payout is backed by one of the most durable business models in tech. In addition, the dividend is easy for the company to pay out. It taps into only 24% of the company's annual earnings and a third of its annual free cash flow. Looking ahead, Microsoft should be able to not only sustain but also grow this payout. Recent business performance shows a healthy, fast-growing company. In fiscal 2025, which ended June 30, Microsoft generated $281.7 billion in revenue, up 15% year over year. Operating income rose 17% to $128.5 billion. On the heels of such strong performance, the software company returned over $37 billion to shareholders through dividends and buybacks. Meta: early days with upside potential Meta Platforms' dividend is still new to Wall Street. Introduced last year, the company, which is the parent of Facebook, Instagram, WhatsApp, Messenger, and Threads, has already increased the payout once. In February, the company said it would boost its dividend by 5% to 52 and a half cents per share, translating to $2.10 annually. Although the company's dividend yield of 0.3% and recent dividend increase are small, investors shouldn't count Meta out as a dividend stock. After all, its dividend consumes only about 7% of earnings and roughly 10% of free cash flow -- extremely conservative metrics. Further, the company's recent business momentum is extraordinary. Meta's second-quarter revenue soared 22% year over year, and its earnings per share jumped 38%. This business strength was helped by 6% year-over-year growth in daily active users across its family of social media apps, an 11% year-over-year increase in ad impressions, and a 9% jump in price per ad. As with Microsoft, Meta is returning cash in more ways than one. Indeed, this explains why it has been so modest with its dividend; management favors share repurchases by a wide margin. In its most recent quarter, management repurchased nearly $10 billion worth of its stock while paying out just $1.33 billion in dividends. All that said, Meta's entire business model is comparatively new and potentially riskier. The company's reality labs segment continues to burn cash as Meta invests heavily in artificial intelligence (AI). Highlighting how Meta's business is showing signs of potentially becoming more capital-intensive over time, the company's capital expenditures this year are expected to be between $66 and $72 billion. This means capital expenditures will rise about 77% year over year. Of course, there's massive upside potential to the dividend, and the company's share repurchase program, if Meta's aggressive investments today help the company keep growing rapidly for years to come. There's a clear winner So, which tech giant is the better dividend stock? Microsoft is arguably the clear winner today. But that could change in the future. Making the case for Microsoft, its yield is higher, its dividend is more established, and a long track record of consistent growth and strong free cash flow generation supports the payout. Investors can count on Microsoft to keep raising its dividend year after year, even as it continues to invest heavily in AI and cloud computing. Meta, on the other hand, is still a newcomer. Its dividend may grow substantially over time, but there's no proven history yet. And while management's capital allocation has been increasingly shareholder-friendly, the company's rapidly rising capital expenditures and still-nascent dividend policy make it a riskier choice for income-focused investors. Sure, the stock trades at a more conservative valuation of 28 times earnings, compared with Microsoft at about 39 times earnings. But this lower valuation makes sense given Meta's dependence on advertising, a much more volatile and unpredictable source of revenue than Microsoft's diversified business. Long term, Meta could very well become the better dividend stock of the two. But the safer bet today is Microsoft. For investors seeking dividend dependability with upside, the software giant is the more compelling choice. Should you invest $1,000 in Microsoft right now? Before you buy stock in Microsoft, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Microsoft wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $635,544!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,099,758!* Now, it's worth noting Stock Advisor's total average return is 1,046% — a market-crushing outperformance compared to 181% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of August 4, 2025 Daniel Sparks and his clients have no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Meta Platforms and Microsoft. The Motley Fool recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy.
Globe and Mail
3 hours ago
- Globe and Mail
CRH plc Reports Strong Q2 2025 Results and Strategic Acquisitions
Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. An announcement from CRH plc ( (CRH)) is now available. CRH plc reported strong financial results for Q2 2025, with total revenues increasing by 6% to $10.2 billion, driven by acquisitions and effective commercial strategies. The company continues to invest in growth through acquisitions, including a significant $2.1 billion agreement to acquire Eco Material Technologies, enhancing its cementitious materials capabilities. CRH also announced a 6% increase in its quarterly dividend and continued its share buyback program, reflecting confidence in sustained positive demand across key markets. More about CRH plc CRH plc is a leading provider of building materials solutions, focusing on the construction industry. The company offers a wide range of products including cement, aggregates, asphalt, and ready-mixed concrete, with a strong market presence in North America and Europe. See more insights into CRH stock on TipRanks' Stock Analysis page.
