Apax Digital to take majority stake in Wematch to accelerate global expansion
Funds advised by Apax Digital, the growth equity arm of Apax Partners, have agreed to make a strategic growth investment in Wematch, the securities finance technology platform, with Apax set to become the company’s majority shareholder following completion. Financial terms were not disclosed.
The investment will provide primary capital to support Wematch’s product development, including data and AI capabilities, as well as further expansion in securities lending, buy-side connectivity, the Americas, and Asia-Pacific. Wematch operates regulated trading infrastructure in both Europe and the US and manages close to USD 2 trillion in ongoing notional across its platform.
Strategic investors Barclays, Deutsche Börse Group, J.P. Morgan, and Société Générale will remain shareholders alongside Wematch’s management team and the Apax Digital Funds. The transaction is expected to close in the fourth quarter of 2026, subject to customary regulatory approvals.
Simpson Thacher & Bartlett advised Apax on the investment.
Herzog served as Israeli counsel, with a team led by Ran Hai and Erez Abu, together with Tomer Gordon, and supported by Dr. Ehab Farah, Shachar Porat, Dan Shalev, Dima Zalyalyeyev, Kevin David Gampel, Yuval Glazer, Maayan Hammer-Tzeelon, Noa Ben Lulu, Adar Bengom (Ortal), Barak Vardi, Anna Landau, and Noy Timor.
Hogan Lovells Cadwalader represented Wematch.
