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Like eDocSynergy, LLC

closed 10/7/2009 via BusinessWire
 
 
 
 
 
 
 
 

Visionet Systems Inc. acquired eDocSynergy, LLC

synopsis: Visionet Systems - a provider of technology solutions, strategic consulting services, and knowledge process outsourcing - has acquired eDocSynergy, LLC, a privately-held provider of healthcare technology.
buyer: Visionet Systems Inc.
Using a combination of consulting, metrics-based technology solutions, and business process outsourcing, Visionet Systems helps customers identify and remove inefficient business processes and technologies to improve profitability.
target: eDocSynergy, LLC
eDoc Synergy is a leader in software innovation bringing years of technology experience together with business domain knowledge. eDoc Synergy helps businesses by providing business process efficiency with cutting edge technology.
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closed 12/16/2009 via PR Newswire
 
 
 
 
 
 
 
 

Tibotec Virco Virology BVBA acquired Lab Tracker

synopsis: Tibotec Virco Virology BVBA announced the acquisition of LAB TRACKER(TM) HIV, a customized electronic medical record (EMR) system. LAB TRACKER(TM) HIV is a full-service, scalable software platform designed to meet the complex disease-management needs of health care providers who are treating people living with HIV/AIDS.
buyer: Tibotec Virco Virology BVBA
Tibotec is changing people's lives and improving public health by fighting infectious diseases worldwide. They achieve this by delivering innovative therapeutic and diagnostic solutions that provide significant benefits to patients.
target: Lab Tracker
Lab Tracker from Ground Zero Software is the most popular outpatient condition-specific Electronic Health Records solution in the U.S. Lab Tracker's custom web-based applications enable clients to organize and analyze patient data from physicians, pharmacies, labs, clinics and archives with ease.
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closed 11/6/2009 via BusinessWire
 
 
 
 
 
 
 
 

Fresenius Medical Care North America acquired HIT Services Group

synopsis: Fresenius Medical Care North America, operator of the nation’s leading network of dialysis facilities, announced it has purchased Nashville-based Health IT Services Group (HITSG) and its portfolio of products including Acumen nEHR, a nephrology-specific electronic health record.
buyer parent:Fresenius Medical Care AG & Co.
buyer: Fresenius Medical Care North America
Through their dialysis services entity, Fresenius Medical Services, Fresenius Medical Care North America operates more than 1,700 outpatient dialysis clinics in the U.S.
target: HIT Services Group
HIT Services Group offers Acumen EHR, a proprietary electronic network of web-based applications for physician practices. This technology enhances the care team’s ability to maintain, track and communicate medical, patient and business information.
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closed 12/2/2008 via Company Press Release
 
 
 
 
 
 
 
 

IMS Maxims plc purchased software and other assets from CSW Group Limited

synopsis: IMS announces that it has acquired certain assets of CSW Group Limited including Case Notes, KMS and RealTime for £175,000 in cash from the Administrators of CSW Group Limited. The Administrators were appointed on 24 October 2008 and act only as agents to CSW.
buyer: IMS Maxims plc
Meet the Team Services Clients IMS MAXIMS plc was founded in 1986 and floated on the London AIM market in 1999; the group has grown both organically and through acquisition to become one of the leading players in the IT healthcare arena.
seller: CSW Group Limited
CSW Group Ltd. offers products for electronic records management, knowledge engineering, and knowledge delivery. The company provides electronic patient record and electronic health record products for the healthcare market.
price ($mm)
$0.27
rev ($mm)
$1
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price / rev
.2
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closed 7/21/2009 via Company Press Release
 
 
 
 
 
 
 
 

Medfusion, Inc. acquired Medem, Inc.

synopsis: Medfusion acquires Medem's iHealth services for physicians and the iHealth Personal Health Record solution for patients. In addition to creating an expanded service offering, Medfusion welcomes Medem’s 8,000 providers into the Medfusion Physician Network.
buyer: Medfusion, Inc.
Medfusion provides patient-to-provider communication solutions that enable healthcare providers to offer superior service to their patients while improving office efficiency and generating revenue.
target parent: American Medical Association
target: Medem, Inc.
Medem was founded by the AMA and several national medical specialty societies to develop and provide secure, online communications services for physicians and other healthcare providers -- including hospitals and health systems -- to communicate with their patients.
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closed 2/18/2009 via AP - Associated Press
 
 
 
 
 
 
 
 

CompuGroup Holdings AG acquired Noteworthy Medical Systems

synopsis: Noteworthy Medical Systems, Inc., a leading provider of connected healthcare technology solutions for the ambulatory sector, and CompuGROUP Holding AG, the leading European eHealth service provider, announced that CompuGROUP has completed a substantial equity investment in privately-held Noteworthy.
buyer: CompuGroup Holdings AG
CompuGROUP is one of the leading eHealth companies worldwide. It provides software products to support all medical and organizational activities in doctors' offices and hospitals, information services for all parties involved in the healthcare system,and web-based personal health records.
target: Noteworthy Medical Systems
Noteworthy Medical Systems, Inc. provides a comprehensive set of tools to manage and facilitate care in the ambulatory setting. Noteworthy's focus is to provide sophisticated applications for doctors' offices as well as the technology to connect physicians, hospitals and healthcare communities.
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closed 6/19/2009 via Market Wire
 
 
 
 
 
 
 
 

Mediware Information Systems Inc. acquired SciHealth, Inc.

synopsis: Mediware Information Systems, a provider of ClosedLoop™ blood and medication management software solutions, announced that it has finalized the acquisition of Atlanta-based SciHealth, Inc. SciHealth developed and markets Insight™, a business and clinical intelligences software package used in more than 100 hospitals.
buyer: Mediware Information Systems Inc.(MEDW:$55.52)
Mediware delivers ClosedLoop blood and medication management software systems that encapsulate information supporting patient therapies, reinforce patient safety practices and improve efficiencies to lower costs.
target: SciHealth, Inc.
SciHealth provides quality improvement/data management solutions to hospitals and healthcare-related organizations throughout the United States. Our mission is to help healthcare providers achieve higher levels of excellence through the use of Insight, a next-generation technology software solution.
price ($mm)
$1.70
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closed 3/18/2009 via BusinessWire
 
 
 
 
 
 
 
 

Intermedix Corporation acquired HealthWare Solutions

synopsis: Intermedix Corporation, the leading provider of technology-based business services to emergency providers, announced the acquisition of HealthWare Solutions, a leading provider of electronic patient care reporting software.
buyer parent:Parthenon Capital
buyer: Intermedix Corporation
Intermedix helps fund and support our nation’s emergency safety net - emergency physicians, hospital emergency departments, and 911-emergency responders.
target: HealthWare Solutions
HealthWare Solutions' flagship product, EMS Solution 2000™, is a comprehensive mobile data collection tool that allows for patient side documentation of critical incident information.
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closed 10/23/2006 via BusinessWire
 
 
 
 
 
 
 
 

Vemics Inc acquired NuScribe Inc

synopsis: Vemics, a leading provider of hosted, real-time collaboration and meeting solutions announced the acquisition of Austin-based NuScribe™, Inc., a developer of voice recognition software applications and web-based productivity tools for the medical, pharmaceutical and healthcare industries for $9 Million in an all-stock transaction.
buyer: Vemics Inc
Vemics, Inc is a leading provider of hosted, real-time conferencing and collaboration applications. Vemics LiveAccess solutions combine multipoint video/voice and data technologies with industry specific content, consulting expertise and deep customer support.
target: NuScribe Inc
NuScribe began operating with its SMR, an appliance-based voice recognition product, where doctors purchased and maintained their own "stand-alone" units. NuScribe developed NuScribe Online—an internet based application that securely stores the doctor’s documents in a virtual repository.
price ($mm)
$9.00
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closed 5/11/2012 via BNC Analysis
 
 
 
 
 
 
 
 

Peer Review Mediation and Arbitration, Inc. purchased eMR Anywhere from Max Medical Systems

synopsis: Peer Review Mediation & Arbitration Inc. announced the acquisition of "eMR Anywhere." "eMR Anywhere" is an electronic medical record system that enables ambulatory care physicians and clinical staff to document the patient encounters, streamline clinical workflow, and securely exchange clinical data with others.
buyer: Peer Review Mediation and Arbitration, Inc.(PRVW:$0.05)
Peer Review Mediation and Arbitration (PRMA) is a leading source for medical consulting, medical expert witnesses and litigation support. PRMA delivers medical consulting services to attorneys, managed care organizations, healthcare providers and professional liability insurers.
seller: Max Medical Systems
"eMR Anywhere" is an electronic medical record (eMR) system that enables ambulatory care physicians and clinical staff to document the patient encounters, streamline clinical workflow, and securely exchange clinical data with other providers, patients, and information systems.
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closed 3/20/2012 via PR Newswire
 
 
 
 
 
 
 
 

MD On-Line, Inc. acquired MD Technologies Inc.

synopsis: MD On-Line, Inc., a leading provider of electronic healthcare solutions that leverage data to improve practice efficiency and industry connectivity, announced that it has acquired MD Technologies Inc., a healthcare technology company based in Baton Rouge, Louisiana.
buyer: MD On-Line, Inc.
MD On-Line Inc. is a leading provider of electronic data interchange (EDI) solutions that facilitate the critical connection between doctors and payers. Its offerings enable electronic data capture and entry, and claim and transactional data submission to payers.
target: MD Technologies Inc.
MD Technologies Inc. is a proven provider of healthcare technology and service solutions to physician practices. MD Technologies' key product line is Medtopia®Manager, a suite of Internet-based business applications and services designed for the healthcare industry.
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closed 3/15/2011 via Company Press Release
 
 
 
 
 
 
 
 

Accentus Inc. acquired MRecord, LLC

synopsis: Accentus Inc. announced the acquisition of Mrecord. Mrecord is a leader in speech-to-text technology and has offices in Raleigh, North Carolina and Mumbai, India. Accentus will utilize Mrecord’s technology platform and software development team to further enhance its ambulatory care service offering.
buyer parent:High Road Capital Partners
buyer: Accentus Inc.
Accentus provides Integrated Medical Document Management Solutions – Transcription, Document Imaging, and Remote Coding – for the creation of electronic health records. Hospitals, medical clinics, and independent physicians rely on Accentus to capture accurate and timely patient health information.
target: MRecord, LLC
Mrecord is one of the world's foremost medical records technology providers dedicated to transforming the way healthcare professionals create, interact and manage medical records.
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closed 12/27/2010 via BusinessWire
 
 
 
 
 
 
 
 

NIIT Technologies acquired Preferr

synopsis: NIIT Technologies Limited, a leading IT solutions organization has acquired an electronic health records and referral management platform. The platform called "Preferr" enables seamless collaboration between all providers namely physicians, hospitals, diagnostic facilities, and laboratories.
buyer parent:NIIT Ltd
buyer: NIIT Technologies
NIIT Technologies is a leading IT solutions organization, servicing customers in North America, Europe, Asia and Australia. It offers services in Application Development and Maintenance, Managed Services, IP Asset or Platform Solutions, and Business Process Outsourcing.
target: Preferr
Preferr is a Saas-based software platform to address growing healthcare needs, improve patient satisfaction and organizational efficiencies related to the referral process.
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announced 3/23/2012 via BNC Analysis
 
 
 
 
 
 
 
 

Verisk Analytics, Inc. will acquire MediConnect Global, Inc.

synopsis: Verisk Analytics, Inc., a leading source of information about risk, has signed an agreement to acquire MediConnect Global, Inc., a leading provider of proprietary systems and services that facilitate the aggregation and analysis of medical records. MediConnect has a repository that is digitized, indexed, and securely hosted online.
buyer: Verisk Analytics, Inc.(VRSK:$1,331.84)
Verisk Analytics is a leading provider of information about risk to professionals in insurance, healthcare, mortgage, government, and risk management. Verisk Analytics helps customers protect people, property, and financial assets.
target: MediConnect Global, Inc.
MediConnect Global, Inc. is a worldwide leader in innovative medical record retrieval, digitization, and management for organizations and individuals. MediConnect Global, Inc. is one of the largest cloud-based health information exchanges.
price ($mm)
$332
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closed 4/5/2007 via BusinessWire
 
 
 
 
 
 
 
 

Velocity Technology Solutions, Inc. purchased the Lawson hosting (ASP) line of business from Siemens Medical Solutions USA, Inc.

synopsis: Velocity Technology Solutions, Inc., a leader in providing enterprise software application management, hosting, and consulting services has acquired the Lawson hosting (ASP) line of business from Siemens Medical Solutions Health Services division. This acquisition makes Velocity the largest provider of Lawson hosted solutions.
buyer: Velocity Technology Solutions, Inc.
Velocity Technology Solutions, Inc. is a leader in providing enterprise software application management, hosting and consulting services. Velocity provides IT solutions to service and product oriented sectors such as public services, healthcare, financial services, fashion, and manufacturing.
seller parent: Siemens AG
seller: Siemens Medical Solutions USA, Inc.
Siemens Medical Solutions of Siemens AG is one of the world’s largest suppliers to the healthcare industry. The company is known for bringing together innovative medical technologies, healthcare information systems, management consulting, and support services.
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closed 5/21/2007 via BusinessWire
 
 
 
 
 
 
 
 

InterSystems Corporation acquired TrakHealth

synopsis: InterSystems Corporation has acquired Australia-based TrakHealth. An application partner of InterSystems since 1991, TrakHealth develops and markets TrakCare, an enterprise-level web-based health information system deployed in 25 countries. TrakHealth will operate as an independent subsidiary of InterSystems, with its own sales force.
buyer: InterSystems Corporation
InterSystems Corporation is a US$200M privately-held software company with offices in 22 countries and corporate headquarters in Cambridge, Massachusetts. InterSystems' provide the premier platform for connected healthcare, and our innovative products are widely used in other industries.
target: TrakHealth
Australian-based TrakHealth develops and markets TrakCare, a revolutionary web-based healthcare information system that rapidly delivers patient-centric care solutions and electronic patient record benefits.
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closed 4/7/2006 via BusinessWire
 
 
 
 
 
 
 
 

Healthcare Quality Solutions, Inc. acquired VantaHealth Technologies, LLC.

synopsis: Healthcare Quality Solutions, Inc., a wholly-owned subsidiary of Health Systems Solutions, Inc., announced that it has acquired substantially all of the assets of VantaHealth Technologies, LLC, including VantaHealth's flagship software product, The Analyzer.
buyer: Healthcare Quality Solutions, Inc.(HSSO:$14.00)
Health Systems Solutions is a technology and services company dedicated to bringing innovation to the health care industry. The HSS portfolio of products and services are grouped into three segments: technology solutions, software and consulting.
target: VantaHealth Technologies, LLC.
VantaHealth's The Analyzer is the most comprehensive decision-support product available for the Home Healthcare industry. We combine clinical and financial information by importing utilization data from your existing billing system, and integrating it with your OASIS data.
price ($mm)
$1.06
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closed 1/23/2007 via BusinessWire
 
 
 
 
 
 
 
 

Document Storage Systems, Inc. acquired SAGE Health Management Solutions

synopsis: Document Storage Systems, Inc. a leader in providing software integration for health care information systems, announced its purchase of Minnesota-based Sage Health Management Solutions, Inc. a privately-held, evidence-based health care technology company and developers of the patented tool, RadWise®.
buyer: Document Storage Systems, Inc.
Document Storage Systems, Inc. - The VistAExperts, is the leading developer of integrated software packages for the VHA’s VistA system.
target: SAGE Health Management Solutions
Sage Health Management Solutions develops and sells browser-based systems that combine the features of computerized physician order entry tool with evidence-based medical information to help third party payers and providers eliminate unnecessary diagnostic testing costs while improving care.
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closed 2/1/2006 via PR Newswire
 
 
 
 
 
 
 
 

Cedara Software acquired Axicare

synopsis: Cedara Software, a Merge Healthcare company and a leading independent developer of medical software technologies for the global healthcare market, today announced the acquisition of assets of a Paris-based medical software company, Axicare, acquired through court liquidation.
buyer parent:Merge Healthcare
buyer: Cedara Software
Cedara is the power behind the MRI. Formerly ISG Technologies, the company makes medical imaging software and support systems which it either licenses or custom develops for other medical products and imaging companies.
target: Axicare
Axicare consists of aXigate, a comprehensive solution for healthcare data and workflow management.
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announced 12/27/2005 via PR Newswire
 
 
 
 
 
 
 
 

Health Fitness Corporation will acquire HealthCalc.Net, Inc.

synopsis: Health Fitness Corporation today announced the signing of a definitive agreement to acquire the business of HealthCalc.Net, Inc., a leading provider of web-based fitness, health management, and wellness programs to corporations, health care organizations, physicians, and athletic/fitness centers.
buyer: Health Fitness Corporation(FIT:$77.68)
Health Fitness Corporation is a leading provider of fitness and health management services to corporations, hospitals, and communities. Serving clients for over 30 years, HFC provides fitness and health management services to more than 400 on-site and remote locations across the U.S. and Canada.
target: HealthCalc.Net, Inc.
HealthCalc is a leading provider of web-based health management services and wellness programs to corporations, health care organizations, physicians, and athletic/fitness centers.
price ($mm)
$6.03
rev ($mm)
$3
EBITDA ($mm)
$0
price / rev
2.4
price / EBITDA
46.4
*Price paid does not equal Enterprise Value as the buyer aqcuired less than 100% of target
closed 10/7/2009 via BusinessWire

Visionet Systems Inc. acquired eDocSynergy, LLC

synopsis: Visionet Systems - a provider of technology solutions, strategic consulting services, and knowledge process outsourcing - has acquired eDocSynergy, LLC, a privately-held provider of healthcare technology.
buyer: Visionet Systems Inc.
Using a combination of consulting, metrics-based technology solutions, and business process outsourcing, Visionet Systems helps customers identify and remove inefficient business processes and technologies to improve profitability.
target: eDocSynergy, LLC
eDoc Synergy is a leader in software innovation bringing years of technology experience together with business domain knowledge. eDoc Synergy helps businesses by providing business process efficiency with cutting edge technology.
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closed 10/7/2009 via BusinessWire

Visionet Systems Inc. acquired eDocSynergy, LLC

synopsis: Visionet Systems - a provider of technology solutions, strategic consulting services, and knowledge process outsourcing - has acquired eDocSynergy, LLC, a privately-held provider of healthcare technology.
buyer: Visionet Systems Inc.
Using a combination of consulting, metrics-based technology solutions, and business process outsourcing, Visionet Systems helps customers identify and remove inefficient business processes and technologies to improve profitability.
target: eDocSynergy, LLC
eDoc Synergy is a leader in software innovation bringing years of technology experience together with business domain knowledge. eDoc Synergy helps businesses by providing business process efficiency with cutting edge technology.
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closed 9/28/2010 via BusinessWire
 
 
 
 
 
 
 
 

Simpler-Webb merged with HEIT, Inc.

synopsis: HEIT of Fort Collins, Colo. and Simpler-Webb of Austin, Texas announced that the companies have merged to form the country’s largest U.S. managed services provider for community financial institutions leveraging cloud technology.
buyer: HEIT, Inc.
HEIT offers cloud-delivered IT performance, compliance and security managed services to help financial institutions improve profitability and efficiency, reduce risk and mitigate security threats in the face of market contraction, margin compression and increasingly complex regulatory environments.
target: Simpler-Webb
Simpler-Webb offers a comprehensive suite of fully managed, scalable IT solutions, focusing on banks and credit unions align business strategies with technology. The Simpler-Webb portfolio of managed services allows for the delivery and support of the technology relevant to clients’ success.
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announced 1/7/2010 via PR Newswire
 
 
 
 
 
 
 
 

Longtop Financial Technologies, Ltd. will acquire Giantstone Information & Technology, Ltd.

synopsis: Longtop Financial Technologies Limited, a leading software developer and solutions provider targeting the financial services industry in China, announced that the Company has entered into a definitive agreement to acquire for cash 100% of Giantstone Information & Technology Ltd., a leading core banking solution provider in China.
buyer: Longtop Financial Technologies, Ltd.(LFT:$169.06)
Longtop is a leading software development and solutions provider in China. Longtop develops and delivers a comprehensive range of software applications and solutions with a focus on meeting the rapidly growing IT needs of the financial services institutions in China.
target: Giantstone Information & Technology, Ltd.
Founded in 2000 and exclusively focused on core banking, Giantstone primarily provides implementation, customization, consulting as well as maintenance services to a leading national joint stock commercial bank.
price ($mm)
$48
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closed 7/9/2007 via BusinessWire
 
 
 
 
 
 
 
 

SunGard Data Systems Inc. acquired GTI Consultants

synopsis: SunGard announced that it has acquired GTI Consultants, a specialist consultancy firm providing IT services to French financial institutions. GTI will become part of SunGard’s Cadextan business unit.
buyer: SunGard Data Systems Inc.
SunGard is a global leader in software and processing solutions for financial services, higher education and the public sector. SunGard also helps information-dependent enterprises of all types to ensure the continuity of their business.
target: GTI Consultants
GTI Consultants is a consulting service specialising in financial IT. Since the fusion of its subsidiary companies (GTI Informatique, GTI Ingénieurie and GTI Software) GTI Consulting has provided leading financial IT and business analysis services to some of France’s leading financial institutions.
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closed 12/15/2010 via BusinessWire
 
 
 
 
 
 
 
 

Capgemini acquired CS Consulting GmbH

synopsis: Capgemini has announced the acquisition of the German IT-Services company CS Consulting GmbH from LRPC, a fund managed by Süd Beteiligungen, a subsidiary of Landesbank Baden-Württemberg. CS Consulting was founded in 1984 and is a leading, innovative IT consultancy focusing on German banking and insurance industry.
buyer: Capgemini(FR:CAP:$9,693.00)
Capgemini is a providers of consulting, technology and outsourcing services. Capgemini provides its clients with insights and capabilities that boost their freedom to achieve superior results through a unique way of working, the Collaborative Business ExperienceTM.
target parent: Landesbank Baden-Württemberg
target: CS Consulting GmbH
CS Consulting was founded in 1984 and is a leading, innovative IT consultancy focusing on German banking and insurance industry. It specializes in the migration of core banking systems as well as the implementation of business intelligence systems.
price ($mm)
rev ($mm)
$63
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closed 4/13/2007 via BusinessWire
 
 
 
 
 
 
 
 

VSoft Corporation purchased software customer base from Bancsource

synopsis: VSoft Corporation, a global information and technology provider of process improvement solutions for financial institutions, has acquired Bancsource’s software customer base, allowing VSoft to provide direct service for software support and future upgrades and new solutions.
buyer: VSoft Corporation
VSoft Corporation is a global provider of financial technology solutions that improve service, reduce cost and maximize efficiency. VSoft’s proven products and services ensure versatile and rapid delivery of solutions to mission-critical needs.
seller: Bancsource
Bancsource is the largest independent maintenance provider that offers a total solution for financial institutions. Today, Bancsource works with over 3800 financial institutions including community banks, savings and loans, credit unions and 15 of the 20 largest banks.
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closed 1/30/2007 via Company Press Release
 
 
 
 
 
 
 
 

EDB Business Partner ASA acquired Infopulse Ukraina LLC

synopsis: EDB Business Partner has entered into an agreement to acquire 60% of the Ukrainian IT company Infopulse Ukrania LLC. Infopulse has 300 highly qualified employees with many years experience of nearshoring business with West European and American companies as its customers.
buyer: EDB Business Partner ASA
EDB is a leading IT group in the Nordic region. EDB represents one of the strongest Nordic centres of expertise for the development and operation of IT solutions. EDB is structured as an integrated group; EDB Business Partner Norge AS and EDB Business Partner Sverige AB as operational companies.
target: Infopulse Ukraina LLC
Infopulse offers full range of software services in outsourcing software development. Our main activities are: Tailor-made software development; Business analysis and IT consulting; Custom software design, implementation, testing, integration, maintenance and support.
price ($mm)
$3.60*
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closed 7/8/2011 via PR Newswire
 
 
 
 
 
 
 
 

HiSoft Technology International Ltd. acquired NouvEON Technology Partners Inc.

synopsis: HiSoft Technology International Limited, a leading China-based provider of outsourced information technology and research and development services headquartered in Dalian, China, announced that it has acquired 100% of the equity interests in Nouveon Technology Partners, Inc., a provider of value-driven IT and process consulting services.
buyer: HiSoft Technology International Ltd.(HSFT:$0.00)
HiSoft Technology International Limited is a leading China-based provider of outsourced information technology and research and development services. HiSoft provides its services to leading companies around the world through a combination of onshore and offshore delivery capabilities.
target: NouvEON Technology Partners Inc.
Nouveon is an established provider of value-driven IT and process consulting services to Fortune 500 companies. Based in North Carolina, Nouveon delivers results-oriented work to clients across the United States with domain expertise primarily in the financial services and energy sectors.
price ($mm)
$5.50
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closed 10/14/2010 via PR Newswire
 
 
 
 
 
 
 
 

iSoftStone Information Technology Co., Ltd acquired Ascend Technologies, Inc.

synopsis: iSoftStone Information Technology (Group) Co. Limited, a leading China-based provider of consulting & solutions, IT services and business process outsourcing (BPO) services, announced that it has acquired Ascend Technologies. Ascend is a provider of IT services and business consulting services to global banking and financial services.
buyer: iSoftStone Information Technology Co., Ltd(ISS:$196.98)
Founded in 2001, iSoftStone is a leading China-based IT services provider serving both Greater China and global clients. iSoftStone provides an integrated suite of IT services and solutions including Consulting & Solutions, IT Services and BPO services.
target: Ascend Technologies, Inc.
Ascend Technologies is a provider of business and IT consulting, system integration and business process improvement services to leading clients in the global banking, financial services and insurance industries.
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announced 7/9/2009 via BusinessWire
 
 
 
 
 
 
 
 

Safe Systems, Inc. will purchase Network Services Division from Total Data Services

synopsis: Safe Systems, Inc. announced the signing of a definitive agreement to acquire the network services division of Total Data Services, Inc., a recognized leader in providing technology solutions for mission critical computing environments within the financial industry.
buyer: Safe Systems, Inc.
Safe Systems is a national leader in providing network services exclusively to community financial institutions. Safe Systems’ solutions include IT managed services, business continuity and disaster recovery, network design and installation, security services, and IT and compliance training.
seller: Total Data Services
Total Data Services is a recognized leader in providing technology solutions for mission critical computing environments within the financial industry.
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closed 1/20/2009 via BusinessWire
 
 
 
 
 
 
 
 

Wipro Limited acquired Citi Technology Services Ltd. (India)

synopsis: Citi announced the successful completion of the sale of Citi Technology Services Ltd. (India), the India-based captive provider of information technology services and solutions to Citi entities worldwide, to Wipro Technologies, the global IT services business of Wipro Limited, for all cash consideration of $127 million.
buyer: Wipro Limited(WIT:$271,957.00)
Wipro provides comprehensive IT solutions and services, including systems integration, information systems outsourcing, package implementation, software application development and maintenance, and research and development services to corporations globally.
target parent: Citi
target: Citi Technology Services Ltd. (India)
Citi Technology Services is a 100% Citi subsidiary offering unparalleled opportunities to young IT professionals in the BFSI domain. We provide critical technology infrastructure support, development and deployment of strategic software applications to Citi enities worldwide.
price ($mm)
$127
rev ($mm)
$53
EBITDA ($mm)
price / rev
2.4
price / EBITDA
announced 11/21/2008 via PR Newswire
 
 
 
 
 
 
 
 

Ness Technologies, Inc. will acquire Logos a.s.

synopsis: Ness Technologies, Inc., a global provider of IT services and solutions, announced that it has signed a share purchase agreement to acquire 100% of the shares of Logos a.s., a privately-held, Czech-based leading IT services and consulting company.
buyer: Ness Technologies, Inc.(NSTC:$571.79)
Ness Technologies is a global provider of end-to-end IT services and solutions designed to help clients improve competitiveness and efficiency. Ness specializes in outsourcing and offshore, systems integration and application development, software and consulting, and quality assurance and training.
target: Logos a.s.
Logos is a leading Czech provider of consulting and technology services. Through its innovative approach, Logos creates new opportunities for its customers and provides complex solutions specifically for the financial and telecommunications sectors.
price ($mm)
$33
rev ($mm)
$49
EBITDA ($mm)
price / rev
1.4
price / EBITDA
closed 4/19/2012 via BNC Analysis
 
 
 
 
 
 
 
 

Sino Eminent Limited acquired Excel Technology International Holdings

synopsis: Excel Technology, a developer of business application packages principally targeting the banking and finance sector, agreed to sell 564 million shares of Excel Technology to Sino Eminent, representing about 55.57% of the entire issued share capital.
buyer: Sino Eminent Limited
Sino Eminent Limited is a holding company wholly-owned by Republic of China residents LiXia, Chen Yin and He Fang.
target: Excel Technology International Holdings
Excel was founded in 1988 to provide information technology consultancy in Hong Kong. In 1996, the Excel Software Centre was established to develop business application packages principally targeting the banking and finance sector.
price ($mm)
$5.94*
rev ($mm)
$66
EBITDA ($mm)
$0
price / rev
.3
price / EBITDA
40.1
announced 12/16/2011 via BNC Analysis
 
 
 
 
 
 
 
 

Lombard Risk Management plc will acquire IDOM, Inc.

synopsis: Lombard Risk Management plc has signed an agreement to acquire the regulatory reporting business of SOFGEN, IDOM USA ("Idom"). Idom offers regulatory reporting product Reg-Reporter(R), which has a strong client base in North America including leading banks such as Bank of America and Royal Bank of Canada.
buyer: Lombard Risk Management plc(GB:LRM:$11.80)
Lombard Risk is an innovative and established provider of financial trading and risk management software, as well as industry leading market data services. Founded in 1989, Lombard has done business with more than 50 of the top 100 banks worldwide.
target: IDOM, Inc.
IDOM, Inc. is a leading provider of banking automation products and management consulting services to the financial sector. IDOM provides the management consulting services and banking automation products that financial institutions require to facilitate and simplify their operations.
price ($mm)
$4.25
rev ($mm)
EBITDA ($mm)
price / rev
price / EBITDA
closed 7/18/2011 via BusinessWire
 
 
 
 
 
 
 
 

Global Imaging Systems, Inc. acquired Miller Technology Solutions, Inc.

synopsis: Global Imaging Systems, A Xerox Company, has acquired Miller Technology Solutions, Inc., a Virginia-based managed services company specializing in financial IT services. Established in 2002, the company offers expertise in financial IT services including project management consulting, systems integrity evaluations and network management.
buyer parent:Xerox Corporation
buyer: Global Imaging Systems, Inc.
Global Imaging Systems, A Xerox Company, is made up of regional core companies in the United States that sell and service document management systems such as printers, copiers and multifunction devices; network integration services; and electronic presentation systems.
target: Miller Technology Solutions, Inc.
Miller Technology Solutions, Inc. is a Virginia-based managed services company specializing in financial IT services. Established in 2002, the company offers expertise in financial IT services including project management consulting, systems integrity evaluations and network management.
price ($mm)
rev ($mm)
EBITDA ($mm)
price / rev
price / EBITDA
closed 5/10/2012 via BusinessWire
 
 
 
 
 
 
 
 

Coalfire Systems, Inc. acquired Digital Resources Group

synopsis: Colorado-based Coalfire announced that it has acquired privately held Digital Resources Group (DRG) of Redwood City, Calif. The DRG acquisition is another milestone for Coalfire as it consolidates its leadership position in the IT Governance Risk and Compliance services industry.
buyer: Coalfire Systems, Inc.
Founded in 2001, Coalfire is a fast-growing IT Governance, Risk and Compliance (IT GRC) firm, serving as a trusted advisor and IT GRC tools-provider to security-conscious leaders in Retail, Financial Services, Healthcare, Hospitality, Higher Education, Government and Utilities.
target: Digital Resources Group
Digital Resources Group is a leading provider of information security technology consulting services. They specialize in providing practical security solutions for e-business requirements. Industry leaders from e-commerce, financial services, and healthcare rely on DRG for their security expertise.
price ($mm)
rev ($mm)
EBITDA ($mm)
price / rev
price / EBITDA
closed 8/29/2007 via PR Newswire
 
 
 
 
 
 
 
 

AmbironTrustWave acquired One-SEC Ltd.

synopsis: AmbironTrustWave, a leading provider of data security and compliance management solutions worldwide, has acquired London-based One-SEC Ltd. (One-SEC), the leading provider of Payment Card Industry Data Security Standard (PCI DSS) compliance solutions for businesses and organizations in Europe, the Middle East and Africa (EMEA).
buyer: AmbironTrustWave
AmbironTrustWave is a leading provider of information security and compliance management solutions to Fortune 2000 businesses and the public sector. The company's flagship products are TrustKeeper and TrustMinder.
target: One-SEC Ltd.
One-SEC Ltd provides pre-sales, design, implementation and consulting services within the security arena. We also deliver vendor agnostic, consultative led solutions, focused on all industry verticals surrounding compliance.
price ($mm)
rev ($mm)
EBITDA ($mm)
price / rev
price / EBITDA
closed 5/3/2011 via BusinessWire
 
 
 
 
 
 
 
 

Genpact Ltd acquired Headstrong Corporation

synopsis: Genpact Limited, a global leader in business process and technology management, has closed its previously announced acquisition of Headstrong Corporation, a global provider of comprehensive consulting and IT services with a specialized focus in capital markets and healthcare.
buyer: Genpact Ltd(G:$1,600.44)
Genpact is a global leader in business process and technology management, offering a broad portfolio of enterprise and industry-specific services. The company manages over 3,000 processes for more than 400 clients worldwide.
target: Headstrong Corporation
Headstrong is a global IT consulting firm with a specialized focus in financial services. In particular, it is the world's leading offshore outsourcing company focused in the capital markets and securities industry space.
price ($mm)
$550
rev ($mm)
$222
EBITDA ($mm)
$22
price / rev
2.5
price / EBITDA
24.9
announced 4/27/2009 via PR Newswire
 
 
 
 
 
 
 
 

Longtop Financial Technologies, Ltd. will acquire Sysnet

synopsis: Longtop Financial Technologies Limited announced that the Company has entered into a definitive agreement to acquire the business and assets of Sysnet Info-tech Corporation, which was ranked as the 10th largest IT service provider in China's insurance industry by independent market research firm IDC in 2007.
buyer: Longtop Financial Technologies, Ltd.(LFT:$169.06)
Longtop is a leading software development and solutions provider in China. Longtop develops and delivers a comprehensive range of software applications and solutions with a focus on meeting the rapidly growing IT needs of the financial services institutions in China.
target: Sysnet
Sysnet provides comprehensive information technology customized solutions and services for leading property and life insurance companies. As a market leader for insurance core business solutions, Sysnet was ranked as the No. 5 life insurance core business solution provider in China by IDC in 2007.
price ($mm)
$18
rev ($mm)
$9
EBITDA ($mm)
price / rev
2.9
price / EBITDA
closed 10/27/2008 via PR Newswire
 
 
 
 
 
 
 
 

Continuity Engine, Inc. acquired Business IQ

synopsis: Continuity Engine acquired Business IQ for its banking intelligence and profitability capabilities that will be integrated into their flagship product. With this functionality, Continuity Engine will allow community banks and credit unions to manage risks that are technical, natural or business-related.
buyer: Continuity Engine, Inc.
Founded in 2008 by SaaS, banking and compliance veterans, Continuity Engine has created an on-demand platform designed to simplify the way regulatory compliance is achieved in the management of policies, procedures and audit programs.
target: Business IQ
Business IQ Consulting, wiith extensive IT experience, is defining the development approaches of the future. We stay abreast of the most current and responsive technologies. Great solutions come with insight and the willingness to find the right answers independent from any specific technology.
price ($mm)
rev ($mm)
EBITDA ($mm)
price / rev
price / EBITDA
announced 7/21/2008 via PR Newswire
 
 
 
 
 
 
 
 

The Shumka Group will purchase Canadian business processing unit from CGI Group Inc.

synopsis: CGI Group Inc. announced the sale of a Canadian business processing unit providing claims adjusting and risk management services to the Canadian property and casualty insurance industry. With approximately $70 million in revenue, the business is being sold to privately-held The Shumka Group.
buyer: The Shumka Group
The Shumka Group is Canada's largest independent, privately-owned supplier of claims management services. Established in 1986 with a single branch in Edmonton, Alberta, The Shumka Group today has grown to become a national company with 86 offices and more than 600 employees from coast-to-coast.
seller: CGI Group Inc.
CGI Group is the leading technology services provider in Canada and one of the largest IT firms in North America, offering systems integration, technology consulting, and business process outsourcing (BPO) services.
price ($mm)
$32
rev ($mm)
$70
EBITDA ($mm)
price / rev
.5
price / EBITDA
*Price paid does not equal Enterprise Value as the buyer aqcuired less than 100% of target

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Geography
Matching Companies
Ticker:
 
 
 
 
 
 
 
 
CSW Group Limited
CSW Group Ltd. offers products for electronic records management, knowledge engineering, and knowledge delivery. The company provides electronic patient record and electronic health record products for the healthcare market.
year
rev ($mm)
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EBIT ($mm)
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Employees
  • drill down
  • watch
Ticker:
 
 
 
 
 
 
 
 
CompuGroup Holdings AG
CompuGROUP is one of the leading eHealth companies worldwide. It provides software products to support all medical and organizational activities in doctors' offices and hospitals, information services for all parties involved in the healthcare system,and web-based personal health records.
year
2007
rev ($mm)
$263.13
EBITDA ($mm)
$73.91
EBIT ($mm)
$40.07
Net Income ($mm)
$33.35
Employees
  • drill down
  • watch
Ticker: ATHN
 
 
 
 
 
 
 
 
athenahealth, Inc.
athenahealth, Inc.
athenahealth, Inc. is a leading provider of cloud-based business services for physician practices. athenahealth's service offerings are based on proprietary web-native practice management and electronic health record (EHR) software.
year
2010
rev ($mm)
$245.54
EBITDA ($mm)
$37.45
EBIT ($mm)
$24.50
Net Income ($mm)
$12.70
Employees
1713
  • drill down
  • watch
Ticker:
 
 
 
 
 
 
 
 
eCareSoft Inc.
eCareSoft is a market leader in HIT cloud technology solutions for inpatient and ambulatory markets. eCareSoft provides hospitals and their affiliated networks with natively integrated EHR, clinical and financial solutions that are affordable, easy to use and quick to deploy.
year
2012
rev ($mm)
$1.80
EBITDA ($mm)
EBIT ($mm)
Net Income ($mm)
Employees
  • drill down
  • watch
Ticker:
 
 
 
 
 
 
 
 
7 Medical Systems, LLC
Medical Systems™, LLC is a leading provider of cloud-based digital imaging, electronic medical records and revenue cycle management solutions for healthcare. It delivers its solutions to critical access hospitals, imaging centers, radiology groups and ambulatory clinics.
year
rev ($mm)
EBITDA ($mm)
EBIT ($mm)
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Employees
  • drill down
  • watch
Ticker: MEDH
 
 
 
 
 
 
 
 
MedQuist Inc.
MedQuist Inc.
MedQuist is a leading provider of medical transcription services and a leader in technology-enabled clinical documentation workflow. Its enterprise solutions include mobile voice capture devices, speech recognition, Web-based workflow platforms and a global network of medical editors.
year
2010
rev ($mm)
$417.33
EBITDA ($mm)
$81.44
EBIT ($mm)
$48.82
Net Income ($mm)
$8.51
Employees
12400
  • drill down
  • watch
Ticker:
 
 
 
 
 
 
 
 
MediConnect Global, Inc.
MediConnect Global, Inc.
MediConnect Global, Inc. is a worldwide leader in innovative medical record retrieval, digitization, and management for organizations and individuals. MediConnect Global, Inc. is one of the largest cloud-based health information exchanges.
year
2011
rev ($mm)
$25.00
EBITDA ($mm)
$10.00
EBIT ($mm)
Net Income ($mm)
Employees
350
  • drill down
  • watch
Ticker:
 
 
 
 
 
 
 
 
Encounter Care Solutions, Inc.
Encounter Care Solutions, Inc. offer integrated web-based applications with enabling technologies that transform the delivery of healthcare and the management of data for healthcare providers and consumers.
year
rev ($mm)
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EBIT ($mm)
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Employees
  • drill down
  • watch
Ticker:
 
 
 
 
 
 
 
 
Healthation LLC
Healthation is a healthcare technology company helping payers and administrators improve business performance with user-driven benefits management and transaction processing solutions. Healthation's goal is to accelerate a retail transform in healthcare a with a real-time, open exchange platform.
year
rev ($mm)
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EBIT ($mm)
Net Income ($mm)
Employees
  • drill down
  • watch
Ticker:
 
 
 
 
 
 
 
 
Prognosis Health Information Systems
Prognosis Health Information Systems, Inc. successfully meets the needs of critical access and community hospitals with its ChartAccess® Comprehensive EHR, an innovative solution specifically engineered for speed and available at an affordable cost.
year
rev ($mm)
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EBIT ($mm)
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Employees
  • drill down
  • watch
Ticker:
 
 
 
 
 
 
 
 
Altos Solutions
Altos Solutions is the creator of OncoEMR, the first web-based, oncology-specific, clinical management software. It addresses the key concerns of today’s oncology practice: managing patient treatment, outcomes, and expenses.
year
rev ($mm)
EBITDA ($mm)
EBIT ($mm)
Net Income ($mm)
Employees
  • drill down
  • watch
Ticker:
 
 
 
 
 
 
 
 
MRO Corp.
MRO Corp., a leader in disclosure management solutions for healthcare organizations, provides electronic release-of-information (ROI), audit tracking, accounting of disclosures (AOD) and document management software and services.
year
2011
rev ($mm)
$17.00
EBITDA ($mm)
$4.00
EBIT ($mm)
Net Income ($mm)
Employees
  • drill down
  • watch
Ticker:
 
 
 
 
 
 
 
 
Proxsys, LLC
Proxsys, LLC is a provider of cloud-based care coordination services between physicians and hospitals. It partners with dozens of hospitals across as many different states to provide streamlined admitting services to health care facilities and their patients.
year
2010
rev ($mm)
EBITDA ($mm)
EBIT ($mm)
Net Income ($mm)
Employees
45
  • drill down
  • watch
Ticker:
 
 
 
 
 
 
 
 
CareKey, Inc.
CareKey is the leading provider of enterprise care management solutions to health plans and employers. Their member-centric web-based platform facilitates collaborative communication and data exchange among health plans, employers, members and providers, while automating health plan workflows.
year
rev ($mm)
EBITDA ($mm)
EBIT ($mm)
Net Income ($mm)
Employees
  • drill down
  • watch
Ticker:
 
 
 
 
 
 
 
 
Choicelinx Corporation
Choicelinx Corporation is a benefits technology and services company specializing in a new generation of Web-based and consumer-focused benefits products for the health insurance industry.
year
rev ($mm)
EBITDA ($mm)
EBIT ($mm)
Net Income ($mm)
Employees
  • drill down
  • watch
Ticker:
 
 
 
 
 
 
 
 
Visionet Systems Inc.
Using a combination of consulting, metrics-based technology solutions, and business process outsourcing, Visionet Systems helps customers identify and remove inefficient business processes and technologies to improve profitability.
year
rev ($mm)
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EBIT ($mm)
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Employees
  • drill down
  • watch
Ticker:
 
 
 
 
 
 
 
 
Total Data Services
Total Data Services is a recognized leader in providing technology solutions for mission critical computing environments within the financial industry.
year
rev ($mm)
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EBIT ($mm)
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Employees
  • drill down
  • watch
Ticker: TIE1V
 
 
 
 
 
 
 
 
TietoEnator Corporation
TietoEnator Corporation
TietoEnator is among the leading architects in building a more efficient information society and one of the largest IT services providers in Europe. TietoEnator specializes in consulting, developing and hosting its customers' business operations in the digital economy.
year
2005
rev ($mm)
$358.50
EBITDA ($mm)
EBIT ($mm)
Net Income ($mm)
Employees
  • drill down
  • watch
Ticker: BSE:532254
 
 
 
 
 
 
 
 
Polaris Software Lab Ltd.
Polaris Software Lab is a leading Financial Technology company, with its comprehensive portfolio of products, services and consulting. Polaris has a talent strength of over 9,000 solution architects, domain and technology experts.
year
2009
rev ($mm)
$285.62
EBITDA ($mm)
$52.38
EBIT ($mm)
$41.74
Net Income ($mm)
$27.92
Employees
9238
  • drill down
  • watch
Ticker:
 
 
 
 
 
 
 
 
Trifork A/S
Trifork A/S develops, sells and delivers IT solutions to the financial and public sector in Denmark. The company provides technology development, implementation, and optimizing services.
year
2011
rev ($mm)
$35.01
EBITDA ($mm)
$5.15
EBIT ($mm)
Net Income ($mm)
Employees
  • drill down
  • watch
Ticker:
 
 
 
 
 
 
 
 
IDOM, Inc.
IDOM, Inc.
IDOM, Inc. is a leading provider of banking automation products and management consulting services to the financial sector. IDOM provides the management consulting services and banking automation products that financial institutions require to facilitate and simplify their operations.
year
2008
rev ($mm)
$11.00
EBITDA ($mm)
EBIT ($mm)
Net Income ($mm)
Employees
  • drill down
  • watch
Ticker:
 
 
 
 
 
 
 
 
Logos a.s.
Logos is a leading Czech provider of consulting and technology services. Through its innovative approach, Logos creates new opportunities for its customers and provides complex solutions specifically for the financial and telecommunications sectors.
year
2008
rev ($mm)
EBITDA ($mm)
EBIT ($mm)
Net Income ($mm)
Employees
570
  • drill down
  • watch
Ticker: LFT
 
 
 
 
 
 
 
 
Longtop Financial Technologies, Ltd.
Longtop is a software development and solutions provider targeting the financial services industry in China. It develops and delivers a comprehensive range of software applications and solutions with a focus on meeting the rapidly growing IT needs of the financial services institutions in China.
year
2010
rev ($mm)
$169.06
EBITDA ($mm)
$70.36
EBIT ($mm)
$62.54
Net Income ($mm)
$59.09
Employees
4258
  • drill down
  • watch
Ticker: FJH:XTRA
 
 
 
 
 
 
 
 
COR&FJA AG
COR&FJA AG, together with its subsidiaries, offers software and consultancy services primarily for the insurance industry and pensions market in Germany and internationally.
year
2008
rev ($mm)
$85.46
EBITDA ($mm)
$3.90
EBIT ($mm)
$2.78
Net Income ($mm)
$0.70
Employees
475
  • drill down
  • watch
Ticker: NTWK
 
 
 
 
 
 
 
 
NetSol Technologies Inc.
NetSol Technologies Inc.
NetSol Technologies, Inc.'s product and services offerings include credit and finance portfolio management systems, SAP consulting and services, custom development, systems integration, and technical services for the global Financial, Leasing, Insurance, Energy, and Technology markets.
year
2010
rev ($mm)
$36.78
EBITDA ($mm)
$14.50
EBIT ($mm)
$10.60
Net Income ($mm)
$1.39
Employees
732
  • drill down
  • watch
Ticker:
 
 
 
 
 
 
 
 
Aditi Technologies Pvt., Ltd.
Aditi is a solutions development partner for software businesses and financial institutions. Aditi provides technology consulting and outsourced product development on emerging technologies. Founded in 1994, Aditi pioneered the idea that great software products can be built out of India.
year
rev ($mm)
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EBIT ($mm)
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Employees
  • drill down
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Ticker:
 
 
 
 
 
 
 
 
G2 FinTech
G2 FinTech specializes in tax compliance and regulatory software products for the investment management community. G2’s software products help Clients solve business problems that have been traditionally addressed with in-house code or expensive third-party services
year
rev ($mm)
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EBIT ($mm)
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Employees
  • drill down
  • watch
Ticker:
 
 
 
 
 
 
 
 
Safe Systems, Inc.
Safe Systems is a national leader in providing network services exclusively to community financial institutions. Safe Systems’ solutions include IT managed services, business continuity and disaster recovery, network design and installation, security services, and IT and compliance training.
year
rev ($mm)
EBITDA ($mm)
EBIT ($mm)
Net Income ($mm)
Employees
  • drill down
  • watch
Ticker:
 
 
 
 
 
 
 
 
WTD Consulting, Inc.
WTD Consulting (WTD) provides a full range of data-management programs, system consulting and development services for the front, middle and back office. WTD counts among its clients many of the leaders in the financial services industry.
year
rev ($mm)
EBITDA ($mm)
EBIT ($mm)
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Employees
  • drill down
  • watch
Ticker:
 
 
 
 
 
 
 
 
Syntesys Group
Syntesys Group is the first European network of business and technical experts fully dedicated to serving the SWIFT community. Syntesys has a proven track record in providing end-to-end professional services and SWIFT-enabled solutions to over 150 customers in Europe since 1998.
year
rev ($mm)
EBITDA ($mm)
EBIT ($mm)
Net Income ($mm)
Employees
  • drill down
  • watch

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