Lutech Confirms Sale of Finwave to Apax Funds

Lutech has formalized the sale of Finwave to Apax Funds. This strategic move is part of a larger transaction that includes Apax's acquisition of OCS, forming a new leading financial software platform in Europe.

The sale of Finwave fits into Lutech's strategy of focusing on its core competencies in digital, ICT and consulting. This decision allows Finwave to expand expertise and increase its market impact by leveraging the resources and experience of Apax Funds.

By focusing its energies on its areas of strength, Lutech reinforces its commitment to innovative technology solutions and high-level consulting services, with the aim of consolidating and strengthening its leading position in the digital market.