Like Xcipio, Inc.

closed 11/2/2005 via BusinessWire

Fiserv, Inc., acquired Xcipio, Inc.

See 187 Comparable Transactions
synopsis: Fiserv, Inc. has acquired Xcipio, Inc., a Web-based insurance rating and automation solution provider, as part of its plan to expand its technological footprint in the insurance industry. The acquisition will allow Fiserv to provide Web-based comparative insurance rates directly from insurance carriers to producers in real time.
buyer: Fiserv, Inc. (FISV:$15,065.00)
Fiserv, Inc. provides information management systems and services to the financial and insurance industries. Leading services include transaction processing, outsourcing, business process outsourcing software and systems solutions. "
 target: Xcipio, Inc.
Xcipio’s flagship product called XcelerRator, is providing independent insurance agents and their carriers with the industry’s first successful automated, single entry system that provides real time quoting, underwriting, tiering and straight through processing.
price ($mm)
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closed 8/31/2005 via BusinessWire

Fiserv, Inc., acquired VerticalPoint, Inc.

See 186 Comparable Transactions
synopsis: Fiserv Inc. (Nasdaq:FISV) announced today that it has acquired VerticalPoint, Inc., a provider of underwriting software to the life and health insurance market. The acquisition will allow Fiserv's Insurance Solutions Group to offer a Web-based, new-business workflow portal solution to life insurance carriers.
buyer: Fiserv, Inc. (FISV:$15,065.00)
Fiserv, Inc. provides information management systems and services to the financial and insurance industries. Leading services include transaction processing, outsourcing, business process outsourcing software and systems solutions. "
 target: VerticalPoint, Inc.
VerticalPoint, Inc. is a premier solutions provider for the insurance industry. The company has offered insurance industry related software products, business underwriting system solutions and consulting services since 1987.
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announced 1/14/2021 via GlobeNewswire

Applied Systems Inc., will acquire EZLynx

See 418 Comparable Transactions
synopsis: Applied Systems announced that it has entered into a definitive agreement to acquire EZLynx, a company that develops industry-leading cloud-based software for the insurance industry. Their software has helped independent agents operate their businesses more effectively for over ten years.
buyer parent: Hellman & Friedman LLC
buyer: Applied Systems Inc.
Applied Systems is the leading provider of cloud-based software that powers the business of insurance. Recognized as a pioneer in insurance automation and data exchange between brokerages, insurers and their clients, it is the world’s largest provider of agency and brokerage management systems. "
 target: EZLynx
EZLynx develops industry-leading cloud-based software for the insurance industry. Their software has helped independent agents operate their businesses more effectively for over ten years.
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closed 9/22/2020 via BusinessWire

iPipeline, Inc., acquired Welis, LLC

See 185 Comparable Transactions
synopsis: iPipeline, a leading provider of cloud-based software solutions for the life insurance and financial services industry, announced it has acquired WELIS, a premier provider of life insurance illustration systems to carriers in the US.
buyer parent: Roper Technologies, Inc.
buyer: iPipeline, Inc.
iPipeline is a leading provider of cloud-based software solutions for the life insurance and financial services industries. Through its SSG Digital, end-to-end platform, iPipeline accelerates and simplifies sales, compliance, operations, and support. "
 target: Welis, LLC
WELIS is a premier provider of life insurance illustration systems supporting individual and group lines of business for carriers in the US. Its Ascent Illustration System is designed to help insurers sell and service customers in a multi-channel distribution environment.
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closed 7/30/2019 via Company Press Release

RGI S.P.A., acquired Novum GmbH

See 184 Comparable Transactions
synopsis: RGI, a European leader in the digital transformation of Insurers, announced that it has acquired 100% of NOVUM, a leading DACH solution provider specializing in the development of core systems for insurers.
buyer parent: Corsair Capital
buyer: RGI S.P.A.
RGI, of Milan, provides software products and technology services to the insurance industry. RGI is a provider of core systems to the insurance market, providing a comprehensive offering which addresses core insurance processes including policy administration, and market management. "
 target: Novum GmbH
Novum provides innovative standard and customized software solutions for the international insurance industry. Novum’s solution portfolio comprises software platforms for individual applications such as inventory systems, property and performance, fees, collection, and fund and loan management.
price ($mm)
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closed 12/23/2015 via PE Hub

Main Capital Partners BV, acquired b+m Informatik AG

See 448 Comparable Transactions
synopsis: Main Capital has acquired b+m Informatik AG (b+m), that develops innovative software for banks and insurance companies and serves the German financial sector as a full-service provider.
buyer: Main Capital Partners BV
Main Capital is a private equity investor with an exclusive focus on the software sector in the Benelux and Germany. Within this sector, it is the most specialized company in management buyouts and later-stage growth capital. "
 target parent: Allgeier Holding AG
target: b+m Informatik AG
b+m Informatik AG is a maker of software for banks and insurance companies. b+m was founded in 1994 and serves its customers from its headquarters near Kiel (Hamburg), which currently has nearly 90 employees. b+m focuses on both banks and insurers.
price ($mm)
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announced 12/9/2015 via GlobeNewswire

VITEC Software Group, will acquire NICE Norwegian Insurance Computer Environment AS

See 185 Comparable Transactions
synopsis: Vitec Software Group AB (publ) has agreed to acquire 100 % of the Norwegian software company Nice Norwegian Insurance Computer Environment AS (Nice AS), whose product is an industry-specific software for insurance companies in Norway, Denmark and Sweden.
buyer: VITEC Software Group (OM:VIT B:$168.12)
Vitec Software Group (publ) is a software company that offers industry specific business applications on the Nordic market. Vitec, with operations in Sweden, Norway, Finland and Denmark is growing in the mature part of the software industry by consolidating vertical software segments. "
 target: NICE Norwegian Insurance Computer Environment AS
Since its formation in 1987, Norwegian Insurance Computer Environment (NICE) has been dedicated to the development, implementation and operation of fully-integrated application software for insurance companies and associated organisations.
price ($mm)
$2.88
rev ($mm)
$3
EBITDA ($mm)
$0
EV / rev
0.9x
EV / EBITDA
9.3x
closed 11/23/2010 via BusinessWire

Prima Solutions, acquired Albiran

See 185 Comparable Transactions
synopsis: Prima Solutions announces the acquisition of the Paris-based insurance software provider, Albiran. Albiran is the perfect complement to Prima Solutions’ product set and expertise. Together, Prima Solutions and Albiran form the one stop shop for insurance software.
buyer: Prima Solutions
Prima Solutions provides brokers, insurance, mutual insurance and reinsurance companies with complete software offering for Life, P&C, Large Commercial Risks and Reinsurance. "
 target: Albiran
Albiran has provided web-based insurance software solutions to companies like Generali, Allianz, Altima, Gras Savoye and April Group to launch new insurance products, diversify their distribution networks, increase their customers’ satisfaction and optimize their operational efficiency.
price ($mm)
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announced 9/27/2010 via BusinessWire

Ebix, Inc., will acquire USIX Technology

See 185 Comparable Transactions
synopsis: Ebix, Inc., a leading international supplier of On-Demand software and E-commerce services to the insurance industry, announced that it has signed an agreement to acquire Rio de Janeiro-based Insurance Exchange - USIX Technologies, Inc.
buyer: Ebix, Inc. (EBIX:$570.76)
Ebix, Inc. provides end-to-end solutions ranging from infrastructure exchanges, carrier systems, agency systems and BPO services to custom software development for all entities involved in the insurance industry. "
 target: USIX Technology
USIX Technology is an exchange player in the Brazilian insurance markets, the Company provides Internet based sales solutions in an on-Demand manner to the insurance carriers and brokers in Brazil.
price ($mm)
$7.92
rev ($mm)
$3
EBITDA ($mm)
EV / rev
5.0x
EV / EBITDA
closed 1/11/2010 via BusinessWire

Ebix, Inc., acquired MCN Technology & Consulting

See 185 Comparable Transactions
synopsis: Ebix, Inc., a leading international supplier of On-Demand software and E-commerce services to the insurance industry, announced that it has acquired Sao Paulo based MCN Technology & Consulting. MCN offers products and services for insurance companies, financial institutions and insurance brokers in
buyer: Ebix, Inc. (EBIX:$570.76)
Ebix, Inc. is a leading international supplier of software and e-commerce solutions to the insurance industry. Ebix provides a series of application software products for the insurance industry ranging from carrier systems, agency systems and exchanges to custom software development. "
 target: MCN Technology & Consulting
Since its inception in 2001, MCN has focused itself on the insurance industry through its portfolio of products and services for insurance companies, financial institutions and insurance brokers.
price ($mm)
$3.10
rev ($mm)
EBITDA ($mm)
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closed 6/23/2009 via BusinessWire

UniRisX, LLC, acquired UniRisX, Ltd.

See 184 Comparable Transactions
synopsis: UniRisX, LLC announced the successful acquisition of UniRisX Ltd, the leading SaaS provider of global insurance services, and concurrent formation of parent company UniRisX, LLC.
buyer: UniRisX, LLC
UniRisX, LLC was formed for the specific purpose of acquiring UniRisX, Ltd. "
 target: UniRisX, Ltd.
UniRisX, LLC is the world’s leading global provider of SaaS insurance solutions with 15 global clients with a user base in nine countries and five continents.
price ($mm)
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announced 11/10/2008 via BusinessWire

Ebix, Inc., will acquire ConfirmNet Corporation

See 185 Comparable Transactions
synopsis: Ebix, Inc., a leading international developer and supplier of software and e-commerce solutions to the insurance industry, announced that it has signed an agreement to acquire San Diego based ConfirmNet Corporation effective November 1, 2008.
buyer: Ebix, Inc. (EBIX:$570.76)
Ebix, Inc. is a leading international supplier of software and e-commerce solutions to the insurance industry. Ebix provides a series of application software products for the insurance industry ranging from carrier systems, agency systems and exchanges to custom software development. "
 target: ConfirmNet Corporation
ConfirmNet Corporation offers Web-based software solutions that automate and manage the issuance and/or tracking of certificates of insurance (COI).
price ($mm)
$7.36
rev ($mm)
EBITDA ($mm)
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closed 4/8/2008 via BusinessWire

Envision Technology Solutions, acquired Claims Harbor

See 185 Comparable Transactions
synopsis: Peak Performance Solutions, Inc. has completed the acquisition of Claims Harbor www.claimsharbor.com, which provides insurance applications and services to the property & casualty insurance industries. Claims Harbor was a business unit of Harbor Payments, acquired by American Express in 2007.
buyer parent: Peak Performance Solutions
buyer: Envision Technology Solutions
Envision Technology Solutions provides a broad array of RMIS tools for professionals in the fields of risk management, claims administration, and safety. Our tools are in use by self-funded (self-insured) and/or self-administered organizations that are leaders in their industries. "
 target parent: American Express Company
target: Claims Harbor
Claims Harbor is the insurance automation and disbursement unit of Harbor Payments, Inc., a leading provider of electronic presentment and payment solutions. Claims Harbor focuses on deploying electronic claims processing, reporting and disbursement applications to its customers.
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closed 1/19/2006 via BusinessWire

Peak Performance Solutions, acquired PolicyPointe

See 181 Comparable Transactions
synopsis: Peak Performance, a leading provider of insurance technology solutions and services for the property and casualty insurance industry, announces the acquisition of PolicyPointe.
buyer: Peak Performance Solutions
Peak Performance Solutions offers comprehensive, end-to-end insurance software and technology solutions in the areas of workers’ compensation claims processing, risk management claims administration, managed care tracking and backend policy administration. "
 target: PolicyPointe
PolicyPointe is a Web-based software system that was developed to provide an innovative solution to manage policy workflow while reducing administrative costs and improving customer service for high-volume lines of coverage.
price ($mm)
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closed 9/5/2006 via BusinessWire

Accenture, acquired NaviSys

See 246 Comparable Transactions
synopsis: Accenture has completed its previously announced acquisition of NaviSys, a privately held company that specializes in software solutions for the North American life insurance industry.
buyer: Accenture (ACN:$44,730.27)
Accenture is a global management consulting, technology services and outsourcing company. Accenture collaborates with clients to help them become high performance businesses and governments. "
 target: NaviSys
NaviSys was founded on the belief that innovative technology, wisely applied, could help dramatically improve the way insurance companies operate. With a deep understanding of the insurance industry, NaviSys launched its first software products more than two decades ago.
price ($mm)
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closed 8/10/2006 via PR Newswire

ChoicePoint, Inc., acquired Steel Card, LLC

See 307 Comparable Transactions
synopsis: ChoicePoint,announced the acquisition of California-based Steel Card, LLC and its award-winning Apogee product line. Terms of the acquisition were not disclosed. Steel Card and its products will be integrated into ChoicePoint's insurance software and process outsourcing business, Insurity, based in Hartford, Connecticut.
buyer: ChoicePoint, Inc. (CPS:$0.00)
ChoicePoint helps businesses, government agencies and nonprofit organizations make better decisions through information and technology solutions. "
 target: Steel Card, LLC
Steel Card is a privately held software company focused on creating solutions for the Property & Casualty insurance marketplace.
price ($mm)
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closed 12/16/2020 via BusinessWire

Tinubu Square SAS, acquired SuretyWave

See 271 Comparable Transactions
synopsis: Tinubu® Square Group, the global technology leader in the surety and credit insurance industry, announced it has acquired the assets of SuretyWave LLC, including its technology and knowledge base, notably the cloud-based surety bond processing system known as SurePath Digital.
buyer: Tinubu Square SAS
Paris-based Tinubu Square is the industry-leading insurtech SaaS platform vendor, enabling credit insurance and surety digital transformation. The company empowers its customers to offer best-in-class client experiences; reduce exposure to risk; and lower financial, operational and technology costs."
 target: SuretyWave
SuretyWave is a web-based surety bond processing system that enables clients, brokers/agents, obligees, and carriers to manage their surety bond requirements efficiently. Its SurePath Network system reduces costs by automating administration, processing, and reporting functions.
price ($mm)
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closed 5/12/2015 via BusinessWire

Insurity, Inc, acquired Oceanwide Inc.

See 178 Comparable Transactions
synopsis: Insurity, Inc., a provider of core insurance processing and data integration and analysis solutions, announced its acquisition of Montreal, Quebec based insurance software firm Oceanwide, Inc. Since 1996, Oceanwide has been delivering SaaS core processing solutions to property and casualty insurers of all sizes across the globe.
buyer: Insurity, Inc
Insurity, Inc. enables property & casualty insurers to modernize their enterprise and achieve their business goals. Insurity’s core processing applications and data integration and analysis solutions are backed by rich insurance expertise. "
 target: Oceanwide Inc.
Oceanwide delivers SaaS core processing solutions to property and casualty insurers of all sizes across the globe. Their configurable insurance software solutions enable insurers to react to market changes, configure new products and manage their products with increased speed and lower costs.
price ($mm)
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closed 2/5/2020 via Company Press Release

Insurance Technologies Corporation, acquired Agency Matrix

See 352 Comparable Transactions
synopsis: Insurance Technologies Corporation (ITC), a provider of websites, marketing, comparative rating and management software and services, has acquired Agency Matrix, an insurance technology provider. Agency Matrix offers a cloud-based agency management system that allows insurance agencies to effectively manage their book of business, staff and office.
buyer parent: Accel-KKR
buyer: Insurance Technologies Corporation
Insurance Technologies Corporation (ITC) provides websites, agency marketing, comparative rating, and management software and services to the insurance industry. ITC helps its clients grow their businesses and become more efficient through the philosophy of providing quality software and services. "
 target: Agency Matrix
Agency Matrix is an insurance technology provider. Agency Matrix offers a cloud-based agency management system that allows insurance agencies to effectively manage their book of business, staff and office. Agency Matrix also offers custom websites, document management and virtual employee solutions.
price ($mm)
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closed 1/8/2021 via BusinessWire

Majesco, acquired ClaimVantage, Inc.

See 124 Comparable Transactions
synopsis: Majesco, a global provider of cloud insurance platform software, announced that it has completed the acquisition of ClaimVantage, the leading international provider of automated, cloud-based life, health, and absence claim management software solutions for insurance carriers, Third-Party Administrators (TPAs), and large employers.
buyer: Majesco (:$146.45)
Majesco provides technology, expertise, and leadership that helps insurers modernize, innovate, and connect to build the future of their business at speed and scale. The company's platforms connect people and businesses to insurance in innovative, hyper-relevant, compelling, and personal ways. "
 target: ClaimVantage, Inc.
ClaimVantage is the leading international provider of automated, cloud-based life, health, and absence claim management software solutions for insurance carriers, Third-Party Administrators (TPAs), and large employers.
price ($mm)
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Pages:  
closed 11/2/2005 via BusinessWire

Fiserv, Inc., acquired Xcipio, Inc.

See 187 Comparable Transactions
synopsis: Fiserv, Inc. has acquired Xcipio, Inc., a Web-based insurance rating and automation solution provider, as part of its plan to expand its technological footprint in the insurance industry. The acquisition will allow Fiserv to provide Web-based comparative insurance rates directly from insurance carriers to producers in real time.
buyer: Fiserv, Inc. (FISV:$15,065.00)
Fiserv, Inc. provides information management systems and services to the financial and insurance industries. Leading services include transaction processing, outsourcing, business process outsourcing software and systems solutions. "
 target: Xcipio, Inc.
Xcipio’s flagship product called XcelerRator, is providing independent insurance agents and their carriers with the industry’s first successful automated, single entry system that provides real time quoting, underwriting, tiering and straight through processing.
price ($mm)
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announced 12/16/2020 via BusinessWire

Fiserv, Inc., will acquire Ondot Systems

See 21 Comparable Transactions
synopsis: Fiserv, a leading global provider of financial services technology solutions, announced that it has signed a definitive agreement to acquire Ondot Systems, a leading digital experience platform for financial institutions. Ondot provides more than 4,500 banks and credit unions with a digital card services platform to drive cardholder engagement.
buyer: Fiserv, Inc. (FISV:$15,065.00)
Fiserv is a global leader in payments and financial technology. The company helps clients achieve best-in-class results through a commitment to innovation in areas including account processing and digital banking solutions, card issuer processing and network services, payments, and more. "
 target: Ondot Systems
Ondot provides more than 4,500 banks and credit unions with a digital card services platform to drive cardholder engagement. Ondot enables financial institutions to offer in-the-moment convenience and control for credit and debit cards, leading to higher usage, lower cost, and reduced fraud.
price ($mm)
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closed 3/18/2020 via BusinessWire

Fiserv, Inc., acquired Bypass Mobile

See 122 Comparable Transactions
synopsis: Fiserv, Inc., a leading global provider of payments and financial services technology solutions, has acquired Bypass Mobile, an independent software vendor and leading innovator in enterprise point-of-sale systems. The acquisition of Bypass will help power the next generation of omni-commerce capabilities from Fiserv.
buyer: Fiserv, Inc. (FISV:$15,065.00)
Fiserv is a global leader in payments and financial technology. The company helps clients achieve best-in-class results through a commitment to innovation in areas including account processing and digital banking solutions, card issuer processing and network services, payments, and more. "
 target: Bypass Mobile
Bypass is a leading innovator in enterprise point-of-sale system. The company combines front-of-house, self service, back-office tools, and deep insights for an integrated solution that brings the innovation, sophistication, and scalability of e-commerce to physical merchants.
price ($mm)
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closed 3/3/2020 via BusinessWire

Fiserv, Inc., acquired Merchant Pro Express, LLC

See 102 Comparable Transactions
synopsis: Fiserv, Inc. has acquired MerchantPro Express, an Independent Sales Organization providing processing services, advanced point-of-sale equipment, and merchant cash advances to businesses. The combination brings together payment solutions from Fiserv, including CoPilot, CardPointe, and Clover, with the onboarding and service of MerchantPro Express.
buyer: Fiserv, Inc. (FISV:$15,065.00)
Fiserv is a global leader in payments and financial technology. The company helps clients achieve best-in-class results through a commitment to innovation in areas including account processing and digital banking solutions, card issuer processing and network services, payments, and more. "
 target: Merchant Pro Express, LLC
Merchant Pro Express is an Independent Sales Organization that provides processing services, advanced point-of-sale equipment, and merchant cash advances to businesses. The company leverages technology, analytics, and a consultative approach to help clients and partners to grow their businesses.
price ($mm)
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closed 12/18/2019 via BusinessWire

Deluxe Corporation, purchased Remittance Solutions from Fiserv, Inc.

See 331 Comparable Transactions
synopsis: Deluxe, a Trusted Business Technology™ company, announced it has acquired the Remittance Solutions assets of Fiserv, a global leader in financial services technology solutions. Fiserv’s remittance solutions business offers receivables management, remittance processing and lockbox services to customers.
buyer: Deluxe Corporation (DLX:$2,011.32)
Deluxe Corp. is a growth engine for small businesses and financial institutions. Millions of business customers access Deluxe’s products and services, including customized checks, as well as website development and hosting, email marketing, social media, search engine optimization and logo design. "
 seller: Fiserv, Inc. (FISV:$15,065.00)
The acquisition includes the remittance solutions business of Fiserv. Fiserv’s remittance solutions business offers receivables management, remittance processing and lockbox services to customers. Fiserv is a global leader in financial services technology solutions.
price ($mm)
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closed 10/25/2019 via BusinessWire

NXGEN, acquired BluePay Canada

See 300 Comparable Transactions
synopsis: NXGEN and Payscape, two premier payments companies recently backed by Parthenon Capital, announced their latest acquisition, BluePay Canada, formerly known as Caledon Computer Systems, Inc. BluePay is a leading provider of technology-enabled payment processing solutions designed to meet the unique needs of merchants throughout the US and Canada.
buyer parent: Parthenon Capital Partners
buyer: NXGEN
NXGEN International is the largest global merchant service provider serving over 13,000 merchants in multiple countries. Payscape is a premier financial technology company providing payment solutions to a network of more than 11,000 small and medium-sized merchants. "
 target parent: Fiserv, Inc.
target: BluePay Canada
BluePay is a leading provider of technology-enabled payment processing solutions designed to meet the unique needs of merchants throughout the US and Canada. They offer efficient, cost-effective and secure payment solutions that scale and develop as merchants’ businesses grow.
price ($mm)
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closed 10/14/2019 via PE Hub

Lovell Minnick Partners, acquired Billhighway

See 26 Comparable Transactions
synopsis: Lovell Minnick Partners, a private equity firm focused on investments in the global financial services industry, including related technology and business services companies, has acquired Billhighway, a provider of integrated software and payment solutions to membership-based organizations.
buyer: Lovell Minnick Partners
Lovell Minnick Partners is a private equity firm focused on investments in the global financial services industry, including related technology and business services companies. LMP partners with management teams to help grow their companies and build value for investors. "
 target parent: Fiserv, Inc.
target: Billhighway
Billhighway gives chapter-based organizations the tools to automate and simplify operations while creating data visibility across entire organizations. Billhighway's partner-centric approach offers clients flexible solutions to address challenges and achieve results that help them thrive and grow.
price ($mm)
rev ($mm)
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closed 7/29/2019 via BusinessWire

Fiserv, Inc., acquired First Data Corporation

See 300 Comparable Transactions
synopsis: Fiserv, a global leader in financial services technology solutions, has acquired First Data Corporation, a global leader in commerce-enabling technology. The company is dedicated to helping companies, from start-ups to the world’s largest corporations, conduct commerce every day.
buyer: Fiserv, Inc. (FISV:$15,065.00)
Fiserv is a global leader in financial services technology solutions. They're helping more than 12,000 clients worldwide create and deliver experiences for a digital world that's always on. Solutions that enable consumers to move and manage money with ease, speed and convenience. "
 target parent: Kohlberg Kravis Roberts & Co.
target: First Data Corporation (FDC:$8,679.00)
First Data is a global leader in commerce-enabling technology. The company is dedicated to helping companies, from start-ups to the world’s largest corporations, conduct commerce every day by securing and processing more than 3,000 transactions per second and $2.4 trillion per year.
price ($mm)
$22,000
rev ($mm)
$8,679
EBITDA ($mm)
$3,301
EV / rev
2.5x
EV / EBITDA
6.7x
closed 9/25/2018 via BusinessWire

Fiserv, Inc., purchased Third-Party Debit Processing Solutions from Elan Financial

See 332 Comparable Transactions
synopsis: Fiserv, Inc. announced the completion of its acquisition of the debit card processing, ATM Managed Services and MoneyPass®surcharge free network of Elan Financial Services, a unit of U.S. Bancorp. MoneyPass gives people easy access to 32,000 surcharge-free ATMs nationwide and extensive card acceptance at millions of POS merchants worldwide.
buyer: Fiserv, Inc. (FISV:$15,065.00)
For nearly 35 years, Fiserv has been a trusted leader in financial services technology, helping clients achieve best-in-class results by driving quality and innovation in payments, processing services, risk and compliance, customer and channel management, and insights and optimization. "
 seller parent: U.S. Bancorp
seller: Elan Financial
The acquisition includes the debit card processing, ATM Managed Services and MoneyPass®surcharge free network of Elan Financial Services, a unit of U.S. Bancorp. MoneyPass gives people easy access to 32,000 surcharge-free ATMs and extensive card acceptance at millions of POS merchants worldwide.
price ($mm)
$690
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 2/7/2018 via BNC Analysis

Warburg Pincus, will acquire Fiserv Lending Solutions

See 226 Comparable Transactions
synopsis: Fiserv, Inc., a leading global provider of financial services technology solutions, will sell 55% of its Lending Solutions business to Warburg Pincus. The joint venture will include all of the automotive loan origination and servicing products and related operations of Fiserv, as well as its LoanServ™ mortgage and consumer loan servicing platform.
buyer: Warburg Pincus
Warburg Pincus is a leading global private equity firm focused on thesis-driven growth investing at scale. With more than $44 billion in assets under management, their active portfolio of more than 150 companies is highly diversified by stage, sector and geography. "
 target parent: Fiserv, Inc.
target: Fiserv Lending Solutions
The Fiserv Lending Solutions business is a market leader in automotive lending origination technology, automotive lending servicing technology and process solutions, as well as comprehensive mortgage and consumer loan servicing solutions.
price ($mm)
$419*
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/18/2017 via BNC Analysis

MyVoucherCodes, acquired Happiour Limited

See 55 Comparable Transactions
synopsis: MyVoucherCodes, part of Monitise Content, has acquired Happiour, a daily food and drink app created in 2015 by musical brothers and serial-entrepreneurs, Hal and Sam Stokes. Happiour is used by over 100,000 users in central London and has partnered with over 150 businesses.
buyer parent: Fiserv, Inc.
buyer: MyVoucherCodes
MyVoucherCodes.co.uk is the UK’s leading discount website. It launched in November 2006 and provides sales, discount and voucher code information to millions of consumers across the UK every month. "
 target: Happiour Limited
Happiour is London's daily food and drink app. A mobile platform that connects vendors and customers through exclusive, real time, local offers. Over 100,000 people have downloaded Happiour and they work with over 150 vendors from major brands to local independents.
price ($mm)
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closed 8/21/2017 via BusinessWire

Fiserv, Inc., acquired Dovetail Systems

See 152 Comparable Transactions
synopsis: Fiserv, Inc., a leading global provider of financial services technology solutions, announced it has acquired Dovetail Group Limited, a leading provider of bank payments and liquidity management solutions.
buyer: Fiserv, Inc. (FISV:$15,065.00)
Fiserv, Inc. is a leading global technology provider serving the financial services industry, driving innovation in payments, processing services, risk and compliance, customer and channel management, and business insights and optimization. "
 target: Dovetail Systems
Dovetail provides best-in-class payments and liquidity management solutions that enable banks to simplify their infrastructure and deliver effective digital transformation.
price ($mm)
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closed 8/1/2017 via BusinessWire

Fiserv, Inc., acquired PCLender LLC

See 217 Comparable Transactions
synopsis: Fiserv, Inc., a leading global provider of financial services technology solutions, announced it has acquired the assets of PCLender, LLC, a leader in next generation enterprise internet-based mortgage software and mortgage lending technology solutions.
buyer: Fiserv, Inc. (FISV:$15,065.00)
Fiserv, Inc. is a leading global technology provider serving the financial services industry, driving innovation in payments, processing services, risk and compliance, customer and channel management, and business insights and optimization. "
 target: PCLender LLC
PCLender, LLC is a leader in next generation enterprise internet-based mortgage software and mortgage lending technology solutions. With a proven record to provide immediate return on investment, PCLender is the most cost effective lending solution available.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 9/1/2017 via BusinessWire

Fiserv, Inc., acquired Monitise plc

See 130 Comparable Transactions
synopsis: Fiserv, Inc., a leading global provider of financial services technology solutions, announced the completion of its acquisition of Monitise plc, a specialist in financial services technology focused on accelerating the digital transformation of banks and financial institutions.
buyer: Fiserv, Inc. (FISV:$15,065.00)
Fiserv, Inc. enables clients worldwide to create and deliver financial services experiences that are in step with the way people live and work today. Fiserv is a trusted leader in financial services technology, helping clients achieve best-in-class results by driving quality and innovation. "
 target: Monitise plc (AIM:MONI:$79.40)
Monitise is a specialist in financial services technology focused on accelerating the digital transformation of banks and financial institutions. Their FINkit platform & associated capabilities builds upon a decade of experience in delivering digital services to banks & financial services partners.
price ($mm)[EV]
$86 [$52]
rev ($mm)
$79
EBITDA ($mm)
EV / rev
0.7x
EV / EBITDA
announced 2/6/2017 via Company Press Release

Genpact Ltd, will purchase Item Processing Assets from Fiserv, Inc.

See 21 Comparable Transactions
synopsis: Genpact, a global leader in digitally-powered BPO and services, announced that it has signed a definitive agreement with global financial services technology solutions provider Fiserv, Inc., to acquire the assets of its Australia-based Item Processing Business (IPB), which serves three of the four major retail banks in Australia.
buyer: Genpact Ltd (G:$3,699.55)
Genpact stands for “generating business impact.” They architect the Lean Digital enterprise through a unique approach that reimagines their clients’ middle and back offices to generate growth, cost efficiency, and business agility. "
 seller: Fiserv, Inc. (FISV:$15,065.00)
The acquisition includes the Item Processing Assets of Fiserv Australia. The item Processing Business comprises the business that develops check imaging and electronic clearing software solutions and offers outsourced item processing and clearing services.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 12/12/2016 via BusinessWire

Fiserv, Inc., will acquire Online Banking Solutions (OBS)

See 273 Comparable Transactions
synopsis: Fiserv, Inc., a leading global provider of financial services technology solutions, announced that it has entered into a definitive agreement to acquire Atlanta-based Online Banking Solutions, Inc. Through the acquisition, Fiserv will gain cash management and digital business banking capabilities, which complement and enrich its existing solutions.
buyer: Fiserv, Inc. (FISV:$15,065.00)
Fiserv, Inc. is a leading global technology provider serving the financial services industry, driving innovation in payments, processing services, risk and compliance, customer and channel management, and business insights and optimization. "
 target: Online Banking Solutions (OBS)
Founded in 2002 by a management team that pioneered web cash management and business banking technology, launching two successful financial technology companies, Online Banking Solutions (OBS) provides next-generation Online Messenger multi-channel reporting,
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 1/21/2016 via BusinessWire

Fiserv, Inc., will purchase Community Financial Services from ACI Worldwide

See 273 Comparable Transactions
synopsis: Fiserv, Inc., a leading global provider of financial services technology solutions, announced it has entered into a definitive agreement with ACI Worldwide to acquire the assets of its Community Financial Services. The assets provide financial institutions with a suite of digital banking and electronic payments solutions.
buyer: Fiserv, Inc. (FISV:$15,065.00)
Fiserv, Inc. enables clients to achieve best-in-class results by driving quality and innovation in payments, processing services, risk and compliance, customer and channel management, and business insights and optimization. "
 seller: ACI Worldwide (ACIW:$1,006.33)
ACI Worldwide's Community Financial Services provide financial institutions with a suite of digital banking and electronic payments solutions including Architect Banking, which supports online, mobile, and tablet banking for retail banks and small business customers in a single platform.
price ($mm)
$200
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 3/20/2013 via Reuters

CoreLogic, Inc., purchased Case-Shiller Index from Fiserv, Inc.

See 13 Comparable Transactions
synopsis: CoreLogic has acquired Case-Shiller from Fiserv for $6 million, taking over its prestigious index business in a deal that closed on March 20. The Case-Shiller Indexes will be renamed the CoreLogic Case-Shiller Indexes.
buyer: CoreLogic, Inc. (CLGX:$1,739.51)
CoreLogic is a provider of consumer, financial and property information, analytics and services to business and government. CoreLogic develops predictive decision analytics and provides business services that bring dynamic insight and transparency to the markets it serves. "
 seller: Fiserv, Inc. (FISV:$15,065.00)
Fiserv Case-Shiller Indexes measure the average change in home prices by covering more than 3000 zip codes, 200 countries and 100 metropolitan areas.
price ($mm)
$6.00
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 3/14/2013 via Company Press Release

Jonas Software, purchased Club Solutions from Fiserv, Inc.

See 29 Comparable Transactions
synopsis: Gary Jonas Computing Ltd. announced that it has completed the acquisition of Club Solutions from Fiserv, Inc. The acquisition of Club Solutions further expands Jonas’ presence in the fitness, sports and leisure vertical. Club Solutions pioneered management software for the health club industry.
buyer parent: Constellation Software, Inc.
buyer: Jonas Software
Jonas Software is the leading provider of enterprise management software solutions to the Club, Foodservice, Construction, Leisure Fitness & Sports, Attractions, Metal Service Centers, Moving & Storage and Education industries. "
 seller: Fiserv, Inc. (FISV:$15,065.00)
Club Solutions from Fiserv has established itself as a leader in providing fully integrated enterprise software and payment solutions in the fitness, sports and leisure industry.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/14/2013 via PE Hub

Fiserv, Inc., acquired Open Solutions Inc.

See 309 Comparable Transactions
synopsis: Fiserv, Inc., a leading global provider of financial services technology solutions, announced that it has acquired Open Solutions Inc., a leading provider of collaborative, enterprise core account processing technology for financial institutions.
buyer: Fiserv, Inc. (FISV:$15,065.00)
Fiserv, Inc. is a leading global technology provider serving the financial services industry, driving innovation in payments, processing services, risk and compliance, customer and channel management, and business insights and optimization. "
 target parent: Providence Equity Partners Inc.
target: Open Solutions Inc.
Open Solutions provides several platforms including DNA™, an open, relationship-centered core banking platform built for global collaboration.
price ($mm)[EV]
$55 [$1,015]
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 9/14/2011 via BusinessWire

Fiserv, Inc., acquired CashEdge, Inc.

See 125 Comparable Transactions
synopsis: Fiserv, Inc., the leading global provider of financial services technology solutions, announced the completion of its acquisition of CashEdge Inc., a leading provider of consumer and business payments technologies. CashEdge serves more than 500 clients, including strong representation in the large financial institution segment.
buyer: Fiserv, Inc. (FISV:$15,065.00)
Fiserv, Inc. is the leading global provider of information management and electronic commerce systems for the financial services industry, driving innovation that transforms experiences for financial institutions and their customers. "
 target: CashEdge, Inc.
CashEdge is the leading provider of innovative payments and aggregation solutions to financial institutions. These include Popmoney® person-to-person (P2P) payments, "me-to-me" account transfers, account opening and funding, small business invoicing and payments, and financial account aggregation.
price ($mm)
$460
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
Pages:  
closed 9/14/2011 via BusinessWire

Fiserv, Inc., acquired CashEdge, Inc.

See 125 Comparable Transactions
synopsis: Fiserv, Inc., the leading global provider of financial services technology solutions, announced the completion of its acquisition of CashEdge Inc., a leading provider of consumer and business payments technologies. CashEdge serves more than 500 clients, including strong representation in the large financial institution segment.
buyer: Fiserv, Inc. (FISV:$15,065.00)
Fiserv, Inc. is the leading global provider of information management and electronic commerce systems for the financial services industry, driving innovation that transforms experiences for financial institutions and their customers. "
 target: CashEdge, Inc.
CashEdge is the leading provider of innovative payments and aggregation solutions to financial institutions. These include Popmoney® person-to-person (P2P) payments, "me-to-me" account transfers, account opening and funding, small business invoicing and payments, and financial account aggregation.
price ($mm)
$460
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/1/2009 via

Fidelity National Information Services Inc., acquired Metavante Technologies, Inc.

See 1358 Comparable Transactions
synopsis: Fidelity National Information Services (FIS) has agreed an all stock deal worth around $2.94 billion to buy Metavante Technologies, creating the world's largest provider of integrated payment and financial processing services.
buyer parent: Fidelity National Financial, Inc.
buyer: Fidelity National Information Services Inc. (FIS:$9,241.00)
Fidelity National Information Services, Inc. is a leading provider of core financial institution processing, card issuer and transaction processing services, mortgage loan processing and related information products and outsourcing services. "
 target: Metavante Technologies, Inc.
Metavante Corporation provides banking and payment technologies to financial services firms and businesses. Its products and services include account processing for deposit, loan, and trust systems, image based and conventional check processing, and electronic funds transfer.
price ($mm)[EV]
$2,894 [$4,575]
rev ($mm)
$1,710
EBITDA ($mm)
$424
EV / rev
2.7x
EV / EBITDA
10.9x
closed 1/5/2009 via PR Newswire

MasterCard Incorporated, acquired Orbiscom

See 163 Comparable Transactions
synopsis: MasterCard Incorporated announced the acquisition of Orbiscom Ltd., a Dublin, Ireland-based leading payments solutions software provider for major financial institutions. The purchase price is approximately $100 million, a portion of which is contingent upon the future performance of Orbiscom's business.
buyer: MasterCard Incorporated (MA:$16,225.00)
MasterCard International is a global payments company with one of the most recognized and respected brands in the world. We manage a full range of payment programs and services, including MasterCard® credit cards, MasterCard® debit cards, Maestro® online debit cards, and Cirrus® ATM cash access. "
 target: Orbiscom
Orbiscom Ltd. is a leading provider of enhanced B2C, B2B and P2P payment solutions to the global payments industry, primarily providing solutions based on its patented Controlled Payment Number(TM) technology. All of Orbiscom's solutions are designed to leverage existing card processing systems.
price ($mm)
$100
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 7/29/2008 via BusinessWire

BluePoint Solutions, acquired Avalon International INC.

See 163 Comparable Transactions
synopsis: Bluepoint Solutions, Inc., an innovator in Check21, remote deposit capture and electronic document management and Avalon International, Inc., a leading provider of .Net technology solutions for image payment and advanced item processing, announced that Avalon International has been acquired by Bluepoint Solutions.
buyer: BluePoint Solutions
Bluepoint Solutions is an innovator in electronic document management, multi-factor identification and Check21 solutions. Bluepoint delivers technology solutions and consulting services that improve business continuity, assure disaster recovery, increase productivity and reduce the risk of fraud. "
 target: Avalon International INC.
Founded in 1991, Avalon International is a fast-growing provider of software products for the Check21 marketplace. Combining intellectual capital with precision thinking and relentless execution skills, the company delivers unique, powerful, and reliable software solutions.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 11/12/2007 via BusinessWire

Dubai International Financial Centre, will acquire SmartStream Technologies

See 514 Comparable Transactions
synopsis: DIFC Investments, the investment arm of the Dubai International Financial Centre, and TA Associates, a leading growth private equity and buyout firm, announced that DIFC Investments has agreed to acquire SmartStream Technologies, the UK based software licensing and professional services business.
buyer: Dubai International Financial Centre
The Dubai International Financial Centre, which acts as a gateway for international capital flows between Western Europe and East Asia, was established as an onshore hub for global finance. More than 450 firms have joined the DIFC. "
 target parent: TA Associates
target: SmartStream Technologies
SmartStream Technologies Limited provides transaction lifecycle management solutions. The company offers software solutions that bring automation and control to the middle and back office.
price ($mm)
$200
rev ($mm)
$47
EBITDA ($mm)
EV / rev
4.3x
EV / EBITDA
closed 5/17/2007 via BusinessWire

J.P. Morgan Chase & Co., acquired Xign Corp.

See 125 Comparable Transactions
synopsis: JPMorgan Chase Bank, N.A. announced the closing of its acquisition of Xign Corporation, a leading provider of business-to-business on-demand financial settlement solutions. The business will be known as JPMorgan Xign Corporation. JPMorgan Chase has acquired the capital stock of Xign and the company’s technology, services and Order-to-Pay domain.
buyer: J.P. Morgan Chase & Co. (JPM:$98,035.00)
JPMorgan Chase & Co. is a leading global financial services firm with assets of $1.2 trillion and operations in more than 50 countries. The firm is a leader in investment banking, financial services, financial transaction processing, asset and wealth management, and private equity. "
 target: Xign Corp.
Xign Corporation operates a global settlement network for business. Xign's suite of on-demand applications is the first to automate the complete commerce cycle, from electronic order delivery to electronic invoice and payment processing, to streamline operations and monetize working capital.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/2/2007 via PR Newswire

CheckFree Corporation, acquired Carreker Corporation

See 163 Comparable Transactions
synopsis: CheckFree Corporation has completed its acquisition of Carreker Corporation. Under the terms of the agreement, CheckFree has acquired all of the outstanding shares of Carreker common stock at a price of $8.05 per share, for a total purchase price of approximately $206 million on a fully diluted basis.
buyer: CheckFree Corporation
CheckFree Corp., an electronic payment processing company, provides financial electronic commerce products and services in the United States and internationally. The company operates in three divisions: Electronic Commerce, Software, and Investment Services. "
 target: Carreker Corporation
Carreker Corporation improves earnings for financial institutions around the world. The Company's integrated consulting and software solutions are designed to increase clients' revenues and reduce their expenses, while improving security and increasing the value of their customer relationships.
price ($mm)[EV]
$201 [$164]
rev ($mm)
$114
EBITDA ($mm)
$11
EV / rev
1.5x
EV / EBITDA
14.8x
closed 10/2/2006 via Company Press Release

Ebix, Inc., acquired Finetre Corporation

See 122 Comparable Transactions
synopsis: Ebix, Inc., a leading international developer and supplier of software and e-commerce solutions to the insurance industry, announced that it has signed an agreement to acquire Virginia based Finetre Corporation through a merger effective October 1, 2006. The closing is expected to occur on October 2, 2006.
buyer: Ebix, Inc. (EBIX:$570.76)
Ebix, Inc. is a leading international supplier of software and e-commerce solutions to the insurance industry. Ebix provides a series of application software products for the insurance industry ranging from carrier systems, agency systems and exchanges to custom software development. "
 target: Finetre Corporation
Finetre Corporation is a Northern Virginia-based software technology firm focusing on transaction processing and compliance automation in the financial services industry. Finetre's AnnuityNet Platform currently processes 15,000 annuity transactions with a total value of nearly $1.5 billion monthly.
price ($mm)
$16
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 9/6/2006 via PR Newswire

Mellon Financial Corporation, acquired ClearTran Inc

See 125 Comparable Transactions
synopsis: Mellon Financial Corporation has acquired ClearTran, a leading provider of electronic and online bill payment solutions. As consumers continue to prefer the convenience of paying their bills from anywhere at any time, this acquisition complements Mellon's long-standing presence in the electronic and paper-based consumer receivables marketplace.
buyer: Mellon Financial Corporation (MEL:$0.00)
Mellon Financial Corporation is one of the world's leading providers of financial services for institutions, corporations and high net worth individuals, providing asset management, private wealth management, asset servicing, and payment solutions and investor services. "
 target: ClearTran Inc
ClearTran meets an ever-increasing demand for flexible, comprehensive electronic and online bill payment solutions that are implemented quickly and without costly or time-consuming development work.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 9/6/2006 via BusinessWire

TA Associates, acquired SmartStream Technologies

See 514 Comparable Transactions
synopsis: SmartStream Technologies, the market leading provider of Transaction Lifecycle Management solutions, announced that TA Associates has completed its buyout of the firm from SmartStream's previous majority shareholder 3i. TA Associates is one of the world's leading buyout and private equity firms.
buyer: TA Associates
Founded in 1968, TA Associates is one of the largest and most experienced private equity firms. The firm has invested in nearly 400 companies and manages more than $16 billion in capital. "
 target parent: 3i Group Plc
target: SmartStream Technologies
SmartStream Technologies Limited provides transaction lifecycle management solutions. The company offers software solutions that bring automation and control to the middle and back office.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 9/4/2006 via PR Newswire

VeriFone, Inc., purchased the payment systems business from Trintech Group Plc

See 163 Comparable Transactions
synopsis: Trintech Group plc has completed the sale of its payment systems business to VeriFone Holdings, Inc. Following the completion of the sale, Trintech will focus on being a leading global provider of financial software and technology services specializing in transaction verification, reconciliation management, process automation and compliance.
buyer: VeriFone, Inc. (PAY:$2,000.46)
VeriFone Holdings, Inc. is the global leader in secure electronic payment solutions. VeriFone provides expertise, solutions and services that add value to the point of sale with merchant-operated, consumer-facing and self-service payment systems. "
 seller: Trintech Group Plc (TTPA:$33.95)
Trintech Group is a leading provider of transaction reconciliation and payment infrastructure solutions to retailers, financial institutions, payment processors and network operators globally.
price ($mm)
$12
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 7/29/2005 via BusinessWire

Transaction Systems Architects, Inc., acquired S2 Systems, Inc.

See 436 Comparable Transactions
synopsis: Transaction Systems Architects, Inc., a leading global provider of enterprise e-payments solutions, announced today that it has completed the acquisition of substantially all of the assets of S2 Systems.
buyer: Transaction Systems Architects, Inc. (ACIW:$1,006.33)
ACI is a leading international provider of solutions for retail banking, wholesale banking, and cross-industry systems. ACI serves more than 800 customers in 83 countries including many of the world's largest financial institutions, retailers, and payment processors. "
 target: S2 Systems, Inc.
S2 Systems is a leading global provider of mission-critical enterprise payment and transaction management solutions for the banking, financial services, telecommunications, retail and travel & hospitality industries. S2 Systems is headquartered in Dallas, Texas.
price ($mm)
$35
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/7/2004 via PR Newswire

Fidelity National Financial, Inc., acquired BankWare

See 152 Comparable Transactions
synopsis: Fidelity National Financial, Inc. FNF, a Fortune 500 provider of products and outsourced services and solutions to financial institutions and the real estate industry, today announced the acquisition of certain corporations doing business under the name Bankware.
buyer: Fidelity National Financial, Inc. (FNF:$8,363.00)
Fidelity National Financial, Inc. is a leading provider of title insurance, specialty insurance and claims management services. FNF is one of the nation's largest title insurance companies through its title insurance underwriters. "
 target: BankWare
BankWare has been a proven and trusted partner to the financial services community. Hundreds of financial institutions, ranging in size from de novo to multi-billion dollar institutions, rely on software and support from BankWare for check imaging, document imaging, remittance imaging, platform aut
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 11/20/2020 via BNC Analysis

Apax Partners, will acquire Diapason

See 885 Comparable Transactions
synopsis: Apax Partners, a leading global private equity advisory firm, will acquire a majority stake in Diapason, a French company that designs software for financial organisations. Diapason enables organisations to transform their treasury. Their solution optimises cash management, automates payments, and manages risk related to securities portfolios.
buyer: Apax Partners
Apax Partners is a leading global private equity advisory firm. The Apax Funds invest in companies across four global sectors of Tech & Telco, Services, Healthcare and Consumer. These funds provide long-term equity financing to build and strengthen world-class companies. "
 target: Diapason
Diapason is a French company that designs software for financial organisations. Diapason enables organisations to transform their treasury with a one-size-fits-all integrated solution. Their solution optimises cash management, automates payments, and manages risk related to securities portfolios.
price ($mm)
rev ($mm)
$12
EBITDA ($mm)
EV / rev
0.0x
EV / EBITDA
closed 10/7/2020 via PR Newswire

Payrix, acquired IntegraPay

See 108 Comparable Transactions
synopsis: Payrix has acquired Brisbane-based IntegraPay, a global integrated payments technology provider, marking the company's official launch into Australia and New Zealand. Payrix's expansion efforts will remove barriers, boost revenue, and accelerate money movement for a network of growing software-as-a-service (SaaS) clients with operations overseas.
buyer: Payrix
Payrix enables vertically-focused SaaS companies to embed and manage payments natively within their software, securing additional recurring revenue and creating an awesome experience. Payrix is a cloud built, API-first platform that is highly flexible, customizable, and scalable. "
 target: IntegraPay
IntegraPay is an Australian-based, global integrated payments technology company that provides subscription, recurring and in-video payment solutions for businesses, business management software providers and banks.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 2/20/2020 via BNC Analysis

Great Hill Partners LLC, acquired One Inc Software Corporation

See 73 Comparable Transactions
synopsis: Great Hill Partners has acquired a majority of One Inc, an insurance payments provider, via a recapitalization. One Inc was established to help insurers deliver a frictionless payment experience through software solutions. One Inc offers an industry-leading digital payments platform designed to integrate with insurance core systems.
buyer: Great Hill Partners LLC
Great Hill Partners is a private equity firm targeting investments of $25 million to $500 million in high-growth companies across the consumer, digital infrastructure, financial technology, healthcare, and software sectors. "
 target: One Inc Software Corporation
One Inc was established to help insurers deliver a frictionless payment experience through software solutions developed by people who truly understand insurance. One Inc offers an industry-leading digital payments platform designed to integrate with insurance core systems.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 12/11/2019 via BNC Analysis

TraqIQ, Inc., acquired Mann-India Technologies Pvt. Ltd.

See 274 Comparable Transactions
synopsis: TraQiQ, Inc announced that it has acquired Mann-India Technologies Pvt Ltd. Mann-India's product portfolio includes enterprise ready solutions for payment processing, mobile wallets, micro lending solutions and digital transformation. Mann-India also provides mobile application development services.
buyer: TraqIQ, Inc. (OTCPK:TRIQ:$1.06)
TraQiQ, Inc. is a global technology company with a suite of products designed to help identify customers, facilitate transactions and fulfill transactions. TraQiQ’s leading edge FinTech and AI solutions have been deployed with leading multi-national customers around the world. "
 target: Mann-India Technologies Pvt. Ltd.
Mann-India Technologies Pvt Ltd. is a leading software development company headquartered in India with customers around the world. The company offers a suite of FinTech and mobility products. Mann-India offers a suite of Enterprise offerings that enable transactions in a seamless manner.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 5/30/2019 via Company Press Release

Silverfleet Capital, will acquire Microgen Financial Systems

See 298 Comparable Transactions
synopsis: Aptitude Software Group, leading provider of business-critical software and services, has entered into an agreement to sell its wholly-owned subsidiary, Microgen Financial Systems ("MFS"), to Moscow Bidco Limited, a private limited company controlled by Silverfleet Capital. MFS develops and implements its software for the financial services sector.
buyer: Silverfleet Capital
Silverfleet Capital is a leading, independent, European private equity firm specialising in mid-market buyouts. They utilise this expertise to help their portfolio companies make bolt-on acquisitions and to achieve strong organic growth. "
 target parent: Aptitude Software Group plc
target: Microgen Financial Systems (LSE:MCGN:$46.57)
Microgen Financial Systems develops, implements and supports its own market-leading software for the financial services sector. They offer a range of financial services technology systems focused on the global Wealth Management sector and also provides Application Management services.
price ($mm)
$65
rev ($mm)
$23
EBITDA ($mm)
EV / rev
2.8x
EV / EBITDA
closed 2/15/2019 via BNC Analysis

iSignthis Ltd., acquired Baltic Banking Service

See 108 Comparable Transactions
synopsis: iSighthis Ltd, the global leader in dynamic, digital AML/CFT KYC identity proofing, has acquired Baltic Banking Service, a company that specializes in developing software for financial institutions and integrating it with other systems, as well as providing solutions for services, such as, banking as a service or payments as a service.
buyer: iSignthis Ltd. (ASX:ISX:$4.53)
Based in Australia, iSignthis Ltd is the global leader in dynamic, digital AML/CFT KYC identity proofing. Their Paydentity solution incorporates real time electronic verification which converges authenticated remote payments with Know Your Customer (KYC) verification. "
 target: Baltic Banking Service
Based in Lithuania, Baltic Banking Service specializes in developing software for financial institutions and integrating it with other systems, as well as providing solutions for services, such as, banking as a service (BAAS) or payments as a service (PAAS).
price ($mm)
$1.70
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/3/2018 via Company Press Release

Silver Investment Partners, acquired ALVARA Cash Management Group AG

See 188 Comparable Transactions
synopsis: Silver Investment Partners (SIP), an independent equity investor in small and medium sized companies in Germany, Austria and Switzerland, has acquired a majority stake in ALVARA Cash Management Group AG (ALVARA), a German provider of payment software solutions for retailers, cash-in-transit companies and financial institutions.
buyer: Silver Investment Partners
Silver Investment Partners is an independent equity investor in small and medium sized companies in Germany, Austria and Switzerland. Silver Investment Partners acquires both majority and minority equity stakes in companies with sales between EUR 5 million and EUR 100 million. "
 target: ALVARA Cash Management Group AG
ALVARA is a German provider of payment software solutions for retailers, cash-in-transit companies and financial institutions. Their solutions enable their clients to better control the entire cash cycle and helps increase the transparency and security of payments while minimizing the risk of fraud.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
Pages:  

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year
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Fineos
Fineos
Ireland-based FINEOS is a market leader in core systems for life, accident, and health insurance carriers globally. The FINEOS Platform, powered by Amazon Web Services, provides customers full end to end core administration for group, voluntary, and individual across life, accident, and health.
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2019
rev ($mm)
$86.95
EBITDA ($mm)
$3.59
EBIT ($mm)
$2.86
Net Income ($mm)
Employees
718
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Ticker: GWRE
 
 
 
 
 
 
 
 
Guidewire Software, Inc.
Guidewire Software, Inc.
Guidewire Software, Inc. provides system software to the property and casualty insurance industry primarily in the United States, Canada, and Australia. It provides Internet-based software platforms for core insurance operations.
year
2017
rev ($mm)
$514.28
EBITDA ($mm)
$47.34
EBIT ($mm)
$28.61
Net Income ($mm)
$21.22
Employees
1893
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Ticker:
 
 
 
 
 
 
 
 
Bravura Solutions Limited
Bravura Solutions Limited
Bravura Solutions is a leading provider of software solutions for the wealth management, life insurance and fund administration industries, underpinned by functionally rich technology that enables modernisation, consolidation and simplification.
year
2020
rev ($mm)
$194.13
EBITDA ($mm)
$45.84
EBIT ($mm)
$36.98
Net Income ($mm)
$28.29
Employees
1442
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Ticker: FISV
 
 
 
 
 
 
 
 
Fiserv, Inc.
Fiserv, Inc.
Fiserv, Inc. is a leading global technology provider serving the financial services industry, driving innovation in payments, processing services, risk and compliance, customer and channel management, and business insights and optimization.
year
2020
rev ($mm)
$15,065.00
EBITDA ($mm)
$4,830.00
EBIT ($mm)
$1,720.00
Net Income ($mm)
$905.00
Employees
44000
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Ticker: NCR
 
 
 
 
 
 
 
 
NCR Corporation
NCR Corporation
NCR Corporation is a global technology company leading how the world connects, interacts and transacts with business. NCR’s assisted- and self-service solutions and comprehensive support services address the needs of retail, financial, healthcare, entertainment, and public sector organizations.
year
2020
rev ($mm)
$6,462.00
EBITDA ($mm)
$642.00
EBIT ($mm)
$437.00
Net Income ($mm)
$467.00
Employees
36000
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Ticker: BSE:532668
 
 
 
 
 
 
 
 
aurionPro Solutions
aurionPro Solutions
Aurionpro Solutions is a global technology solutions leader that helps enterprises accelerate their digital innovation, securely and efficiently. It combines core domain expertise, thought leadership in innovation, security and leverages industry.
year
2018
rev ($mm)
$59.92
EBITDA ($mm)
$10.06
EBIT ($mm)
$7.40
Net Income ($mm)
$12.54
Employees
800
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Ticker:
 
 
 
 
 
 
 
 
Censof Holdings Berhad
Censof, an investment holding company, develops and markets financial management software in Malaysia and Indonesia. It operates Financial Management Software Solution, Payment Aggregation Solutions, Wealth Management Solutions, Training Solution, and Information Communication Technology segments.
year
2018
rev ($mm)
$18.80
EBITDA ($mm)
($1.81)
EBIT ($mm)
($1.93)
Net Income ($mm)
Employees
0
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Ticker: ASX:PIL
 
 
 
 
 
 
 
 
Peppermint Innovation Limited
Peppermint Platform is a mobile banking, payments and remittance technology designed for banks, mobile money operators, money transfer and funds remittance companies, payment processors, retailers/merchants, credit card companies and microfinance institutions.
year
2015
rev ($mm)
EBITDA ($mm)
EBIT ($mm)
Net Income ($mm)
Employees
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Ticker: BSX:M2G
 
 
 
 
 
 
 
 
M2 Global Ltd.
M2 Global Ltd. develops, acquires, operates, holds and licenses income-producing intellectual property assets. The company focuses on software, patents, trademarks and other proprietary rights underlying information technology directed at the financial services industry.
year
2008
rev ($mm)
EBITDA ($mm)
EBIT ($mm)
Net Income ($mm)
Employees
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Ticker: BOM:526927
 
 
 
 
 
 
 
 
Dion Global Solutions
Dion Global Solutions
Dion Global Solutions provides market leading software solutions to financial institutions in Asia Pacific, Europe, North America and the Middle East. The company's solutions cover portfolio management, trading, settlement, risk management, analytics, treasury and research services.
year
2010
rev ($mm)
EBITDA ($mm)
EBIT ($mm)
Net Income ($mm)
Employees
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