Like RegEd, Inc.

closed 1/19/2004 via BusinessWire

Fiserv, Inc., acquired RegEd, Inc.

synopsis: Fiserv, Inc. (Nasdaq:FISV) has acquired RegEd, Inc., a provider of Internet-based compliance management systems and distance learning programs for the insurance and securities industries. RegEd recorded approximately $9 million in revenues in 2003. Fiserv did not disclose a purchase price.
buyer: Fiserv, Inc. (FISV:$16,226.00)
Fiserv, Inc. provides information management systems and services to the financial and insurance industries. Leading services include transaction processing, outsourcing, business process outsourcing software and systems solutions. "
target: RegEd, Inc.
RegEd is the leading provider of complete, online compliance solutions for financial professionals. RegEd's experience and leadership allows clients to have access to the industry's leading continuing education and innovative compliance products and services.
price ($mm)
rev ($mm)
$9
EBITDA ($mm)
EV / rev
0.0x
EV / EBITDA
announced 11/10/2021 via PR Newswire

Confluence, will acquire Compliance Solutions Strategies

synopsis: Confluence Technologies, Inc., a global technology solutions provider helping the investment management industry solve complex investment data challenges, will acquire Compliance Solutions Strategies ("CSS"), a global regulatory software company that enables financial services firms to meet mandatory regulatory compliance requirements.
buyer parent: TA Associates
buyer: Confluence
Confluence is a global technology solutions provider helping the investment management industry solve complex investment data challenges. Confluence invests in the latest technology and data and in its team of industry experts to meet the evolving needs of asset managers and service providers. "
target parent: CIP Capital
target: Compliance Solutions Strategies
CSS is a trusted global RegTech partner that uniquely brings together innovative technology-driven solutions to support financial services firms in navigating a clear and strategic path through the complex and fragmented global regulatory space.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 12/20/2018 via Company Press Release

Gryphon Investors, will acquire RegEd, Inc.

synopsis: Gryphon Investors, a San Francisco-based middle-market private equity firm, announced that it has signed a definitive agreement to acquire RegEd, Inc., the leading provider of compliance and regulatory management services for insurance companies, broker-dealers, banks, and other financial services companies.
buyer: Gryphon Investors
Based in San Francisco, Gryphon Investors is a leading private equity firm focused on profitably growing and competitively enhancing middle-market companies in partnership with experienced management teams. "
target parent: Falfurrias Capital
target: RegEd, Inc.
Founded in 2000 and headquartered in Raleigh, North Carolina, RegEd provides SaaS-based enterprise solutions through a suite of over 25 separate software modules to more than 200 blue-chip customers, including 80% of the top 25 financial services firms.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 7/7/2015 via GlobeNewswire

Falfurrias Capital, acquired RegEd, Inc.

synopsis: RegEd, a leading provider of compliance software and solutions for the financial services industry announced that Falfurrias Capital Partners, a Charlotte-based private equity firm focused on investing in growth-oriented middle-market companies, has purchased a controlling interest in RegEd from StoneRiver Group, L.P.
buyer: Falfurrias Capital
Falfurrias Capital Partners is a private equity investment firm focused on companies with EBITDA of $3 million to $25 million across a range of sectors, including consumer & retail, food & beverage, business services, financial services, manufacturing, industrials, energy, and health care. "
target parent: StoneRiver, Inc.
target: RegEd, Inc.
RegEd provides Compliance Education and Training, Compliance and Risk Management and Licensing and Registration solutions and services. With more than 400 enterprise clients, RegEd's solutions enable financial services firms to efficiently comply with state, federal, FINRA and other regulations.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/16/2018 via BusinessWire

IHS Markit Ltd., acquired DeriveXperts

synopsis: IHS Markit, a world leader in information, analytics and solutions, announced it acquired DeriveXperts, a provider of valuation services for OTC derivatives and other complex financial securities. DeriveXperts specializes in daily and monthly computations of hard-to-value assets.
buyer: IHS Markit Ltd. (INFO:$4,589.00)
IHS Markit is a world leader in critical information, analytics and solutions for the major industries and markets that drive economies worldwide. The company delivers next-generation information, analytics and solutions to customers in business, finance and government. "
target: DeriveXperts
DeriveXperts is a provider of valuation services for OTC derivatives and other complex financial securities. They specialize in daily and monthly computations of hard-to-value assets, such as equity derivatives, FX derivatives, interest rate derivatives and structured notes.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 11/2/2020 via BusinessWire

Foreside, acquired Integrated Compliance Solutions Group

synopsis: Foreside Financial Group has acquired the regulatory compliance business of Integrated Compliance Solutions Group (ICSGroup), a regulatory compliance services firm serving the asset management industry in the US and Africa, with an emphasis on private funds and emerging managers.
buyer parent: Lovell Minnick Partners
buyer: Foreside
Foreside delivers a range of distribution and compliance services to clients in the global asset management industry. Foreside services open- and closed-end funds, exchange-traded products, commodity pools, private placements, investment advisers and registered broker-dealers. "
target: Integrated Compliance Solutions Group
Founded in 2008 and based in Hartford, Connecticut, Integrated Compliance Solutions Group (ICSGroup) is a regulatory compliance services firm serving the asset management industry in the US and Africa, with an emphasis on private funds and emerging managers.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/29/2020 via GlobeNewswire

Dye & Durham Corporation, acquired Stanley Davis Group Limited

synopsis: Dye & Durham Corporation, a Canadian provider of cloud-based software and technology solutions designed to improve efficiency and increase productivity, has acquired UK-based Stanley Davis Group Limited, a provider of cloud-based e-service software for company formations, corporate search and registrations capabilities, and regulatory requirements.
buyer: Dye & Durham Corporation (TSX:DND:$234.31)
Dye & Durham is a Canadian provider of cloud-based software and technology solutions designed to improve efficiency and increase productivity. The company provides critical information services and workflow, which clients use to manage their process, information, and regulatory requirements. "
target: Stanley Davis Group Limited
UK-based Stanley Davis Group (SDG) is a technology company that provides cloud-based e-service software applications and other related technology-enabled services to the legal, accounting, and financial services industries. SDG serves the spectrum of large multinationals to individuals consumers.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/3/2019 via BusinessWire

Adtalem Global Education Inc., purchased Financial Services Business from OnCourse Learning

synopsis: Adtalem Global Education has acquired the financial services division of OnCourse Learning. The division includes sub-brands such as BankersEdge and Total Training Solutions, leading providers of compliance training to the banking and credit union markets, as well as OnCourse Learning’s mortgage licensing and continuing education programs.
buyer: Adtalem Global Education Inc. (DV:$1,192.47)
Adtalem Global Education Inc. is a leading global education provider and the parent organization of Adtalem Educacional do Brasil, American University of the Caribbean School of Medicine, Becker Professional Education, Carrington College, Chamberlain University and more. "
seller parent: Bertelsmann SE & Co. KGaA
seller: OnCourse Learning
The acquisition includes the financial services portfolio of OnCourse Learning, including BankersEdge and Total Training Solutions, leading providers of compliance training to the banking and credit union markets, as well as OnCourse Learning’s mortgage licensing and continuing education programs.
price ($mm)
$121
rev ($mm)
$31
EBITDA ($mm)
EV / rev
3.9x
EV / EBITDA
closed 10/21/2021 via Company Press Release

ComplySci, acquired National Regulatory Services

synopsis: ComplySci, a provider of regulatory technology and compliance solutions for the financial services sector, announced the acquisition of National Regulatory Services (NRS), an advanced provider of compliance consulting services and technology solutions for investment advisers, broker-dealers, hedge funds, private equity firms, and insurers.
buyer: ComplySci
ComplySci is a leading provider of technology solutions that help compliance organizations identify, monitor, manage and report on conflicts of interest arising from employee activities, including personal trading, gifts and entertainment, political contributions, and more. "
target parent: RELX Group plc
target: National Regulatory Services
National Regulatory Services (NRS) is an advanced provider of compliance and registration products and services for investment advisers, broker-dealers, hedge funds, investment companies and insurance institutions.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/5/2018 via BusinessWire

ACA Compliance Group, acquired Cordium

synopsis: ACA Compliance Group, a leading provider of risk management and technology solutions that focus on regulatory compliance, performance, financial crime, and cybersecurity, announced that it has acquired Cordium, a leading provider of governance, risk and compliance services to the asset management and securities industry.
buyer parent: Starr Companies
buyer: ACA Compliance Group
ACA Compliance Group is a leading provider of risk management and technology solutions that focus on regulatory compliance, performance, financial crime, and cybersecurity. "
target: Cordium
Cordium is a leading provider of governance, risk and compliance services to the asset management and securities industry.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 1/17/2018 via BusinessWire

Starr Investment Holdings, LLC, will acquire ACA Compliance Group

synopsis: New Mountain Capital, LLC announced that it has agreed to sell ACA Compliance Group Holdings, LLC to Starr Investment Holdings, LLC. ACA Compliance Group is a leading provider of risk management and technology solutions that focus on regulatory compliance, performance, financial crime, and cyber security.
buyer parent: Starr Companies
buyer: Starr Investment Holdings, LLC
Starr Investment Holdings, LLC, a multi-billion dollar investment adviser, partners with and advises a wide range of institutions and family offices with a focus on long-term, sustained equity capital investments. "
target parent: New Mountain Capital, LLC
target: ACA Compliance Group
ACA Compliance Group is a leading provider of risk management and technology solutions that focus on regulatory compliance, performance, financial crime, and cyber security. ACA serves a diverse base of leading investment advisers, private fund managers, commodity trading advisors, and more.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/18/2017 via Company Press Release

ACA Compliance Group, acquired Telavance

synopsis: ACA Compliance Group, a global leader in providing compliance, cybersecurity, performance, and technology solutions to financial services firms, has acquired Telavance. Telavance provides anti-money laundering risk reviews and related regulatory compliance services and software solutions.
buyer parent: New Mountain Capital, LLC
buyer: ACA Compliance Group
ACA Compliance Group is a leading provider of regulatory compliance products and solutions, cybersecurity and risk assessments, performance services, and technology solutions to regional, national, and global firms in the financial services industry. "
target: Telavance
Telavance is a specialized international consulting firm providing risk and compliance advisory services and software products to the financial community. The firm specializes in anti-money laundering, regulatory compliance, enhanced due diligence, model validations, independent reviews, and more.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 12/19/2013 via BNC Analysis

New Mountain Capital, LLC, acquired ACA Compliance Group

synopsis: ACA Compliance Group, the leading global regulatory compliance consultancy, announced that it has agreed to partner with New Mountain Capital to further grow and expand its business. While New Mountain will acquire a controlling interest, the firm’s five original founders and partners will maintain a significant investment in the new entity.
buyer: New Mountain Capital, LLC
New Mountain Capital is a New York-based private equity firm investing for long-term capital appreciation through direct investments in growth equity transactions, leveraged acquisitions, and management buyouts. "
target: ACA Compliance Group
ACA Compliance provides expert compliance consulting services to investment advisers, private fund managers, commodity trading advisors, investment companies, and broker-dealers. ACA additionally provides GIPS® verification services and a wide variety of compliance-related educational opportunities.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/12/2010 via BNC Analysis

Sovereign Capital Partners LLP, acquired IMS Consulting Limited

synopsis: Sovereign Capital, the UK private equity Buy & Build specialist, announces the acquisition of The IMS Group (“IMS”), a leading provider of consulting and integrated business support to the wholesale asset management and securities industry.
buyer: Sovereign Capital Partners LLP
Sovereign Capital is the UK´s private equity 'Buy & Build' specialist. Sovereign Capital invests in UK-based companies in the support services, education & training and healthcare services sectors. "
target: IMS Consulting Limited
The IMS Group is a market leading provider of regulatory compliance consulting and integrated business support to the asset management and securities industry.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 12/24/2008 via PR Newswire

Glass Lewis & Co., acquired Washington Analysis Corporation

synopsis: Glass, Lewis & Co., LLC, a leading independent proxy advisory and investment research firm, announced that it has completed the acquisition of Washington Analysis Corporation, a top-rated political and economic advisory firm based in Washington, D.C.
buyer parent: Ontario Teachers Pension Plan
buyer: Glass Lewis & Co.
Glass, Lewis & Co., LLC is a leading research and professional services firm that assists institutions globally that have investment, financial or reputational exposure to public companies. The firm provides research and analysis on more than 13,000 public companies based in 65 countries. "
target parent: Xinhua Finance Limited
target: Washington Analysis Corporation
Founded in 1973, Washington Analysis Corporation (WAC) is the top-rated independent institutional research boutique focused on analyzing and anticipating changes in public policy in US that will impact the financial markets.
price ($mm)
$14
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/30/2019 via BNC Analysis

RIA in a Box LLC, acquired Gordian Compliance Solutions

synopsis: RIA in a Box, a provider of compliance-related software and services for investment advisers with co-headquarters in Cleveland and New York, has made its first acquisition in Gordian Compliance Solutions, a San Francisco-based provider of compliance consulting in the wealth management space.
buyer parent: Aquiline Capital Partners
buyer: RIA in a Box LLC
RIA in a Box is a leading provider of compliance software to the wealth management industry. Approximately 2,000 registered investment advisor (RIA) firms across the US use the platform to manage their compliance procedures more efficiently. "
target: Gordian Compliance Solutions
Gordian provides ongoing compliance support and project based services for Investment Advisers, Private Fund Managers, and Futures Professionals. Their consultants keep up to date on current state and federal regulatory changes and initiatives.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/4/2019 via BNC Analysis

TIG Ltd., acquired NetConsult Ltd

synopsis: TIG, a provider of award-winning Managed Services, Cloud and Connectivity and Transformational Services, has acquired netConsult, a specialist company providing built-to-order IT for the alternative investment sector.
buyer: TIG Ltd.
TIG provide award-winning Managed Services, Cloud and Connectivity and Transformational Services. Their long track record in IT infrastructures combined with their award-winning service and dedication to their customers has resulted in the best portfolio of solutions in the industry. "
target: NetConsult Ltd
netConsult are a specialist company providing built-to-order IT for the alternative investment sector. Their services cover the full range of IT needed to run a secure, compliant and efficient organization.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 11/6/2020 via PR Newswire

Swizznet, acquired RightSize Solutions

synopsis: Swizznet, a premier hosting provider for QuickBooks and Sage accounting applications, has acquired RightSize Solutions, a leading provider of IT management and cloud solutions for independent registered investment advisers (RIAs). RightSize Solutions offers services for cybersecurity, compliance, backup & recovery, and more.
buyer parent: Bluff Point Associates
buyer: Swizznet
Swizznet is a premier hosting provider for QuickBooks and Sage accounting applications. Swizznet offers hosting solutions to help accountants and SME’s connect and collaborate from any computer or mobile device. They use the latest cloud computing technology to provide a superior user experience. "
target: RightSize Solutions
RightSize Solutions is a leading provider of IT management and cloud solutions for independent registered investment advisers (RIAs). RightSize Solutions helps financial advisors use technology to gain a competitive advantage. They offer services for cybersecurity, compliance, backup and more.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 3/14/2017 via PR Newswire

SwissComply will be merged with Evolute,

synopsis: SwissComply, the leading provider in compliance and risk management solution for financial institutions, is joining the fintech company Evolute to form Evolute Group AG. Evolute provides a seamlessly integrated software, from client risk profiling to portfolio solutions, covering the entire value chain of wealth management.
buyer: Evolute
Evolute understands wealth management goals and processes. Evolute is a seamlessly integrated software, from client risk profiling to portfolio solutions, covering the entire value chain of wealth management. Evolute closely links advisors and clients along the way, enabled by technology. "
target: SwissComply
SwissComply specializes in compliance, risk management and IT services for wealth managers, asset managers and pension funds. Clients benefit through a significant reduction in their administrative and financial costs.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/1/2007 via BusinessWire

Citigroup Inc., acquired BISYS Group, Inc.

synopsis: Citi today completed its previously announced acquisition of The BISYS Group, Inc. for approximately $1.44 billion in an all-cash transaction. In the transaction BISYS shareholders will receive merger consideration of $11.85 per share, and a special dividend of $0.15 per share in cash.
buyer: Citigroup Inc. (C:$63,902.00)
Citi is the most complete financial partner to corporations, financial institutions, institutional investors and governments in the world. Citi also provides a broad range of financial products and services to individuals through brand names including Citi Smith Barney, Citibank, and Banamex. "
target parent: The Washington Post Company
target: BISYS Group, Inc.
The BISYS Group, Inc. provides global solutions that enable investment firms, insurance companies and agents to more efficiently serve their customers, grow their businesses, and respond to evolving regulatory requirements.
price ($mm)
$1,494
rev ($mm)
$883
EBITDA ($mm)
$137
EV / rev
1.7x
EV / EBITDA
10.9x
announced 1/6/2021 via GlobeNewswire

RegEd, Inc., will acquire FIRE Solutions and ComplianceMax

synopsis: RegEd has agreed to acquire the ComplianceMAX and FIRE Continuing Education businesses from National Regulatory Services (NRS), a provider of compliance and registration products and services for investment advisers, broker-dealers, hedge funds, investment companies and insurance institutions.
buyer parent: Gryphon Investors
buyer: RegEd, Inc.
Founded in 2000 and headquartered in Raleigh, North Carolina, RegEd provides SaaS-based enterprise solutions through a suite of over 25 separate software modules to more than 200 blue-chip customers, including 80% of the top 25 financial services firms. "
target parent: RELX Group plc
target: FIRE Solutions and ComplianceMax
FIRE Solutions was established in 1999 to provide online FINRA, NYSE, and NASAA exam prep training. ComplianceMax Financial Corporation provides innovative, cost-effective regulatory compliance services and technologies to Broker/Dealers, Investment Advisers and Hedge Funds.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 12/20/2018 via Company Press Release

Gryphon Investors, will acquire RegEd, Inc.

synopsis: Gryphon Investors, a San Francisco-based middle-market private equity firm, announced that it has signed a definitive agreement to acquire RegEd, Inc., the leading provider of compliance and regulatory management services for insurance companies, broker-dealers, banks, and other financial services companies.
buyer: Gryphon Investors
Based in San Francisco, Gryphon Investors is a leading private equity firm focused on profitably growing and competitively enhancing middle-market companies in partnership with experienced management teams. "
target parent: Falfurrias Capital
target: RegEd, Inc.
Founded in 2000 and headquartered in Raleigh, North Carolina, RegEd provides SaaS-based enterprise solutions through a suite of over 25 separate software modules to more than 200 blue-chip customers, including 80% of the top 25 financial services firms.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 7/7/2015 via GlobeNewswire

Falfurrias Capital, acquired RegEd, Inc.

synopsis: RegEd, a leading provider of compliance software and solutions for the financial services industry announced that Falfurrias Capital Partners, a Charlotte-based private equity firm focused on investing in growth-oriented middle-market companies, has purchased a controlling interest in RegEd from StoneRiver Group, L.P.
buyer: Falfurrias Capital
Falfurrias Capital Partners is a private equity investment firm focused on companies with EBITDA of $3 million to $25 million across a range of sectors, including consumer & retail, food & beverage, business services, financial services, manufacturing, industrials, energy, and health care. "
target parent: StoneRiver, Inc.
target: RegEd, Inc.
RegEd provides Compliance Education and Training, Compliance and Risk Management and Licensing and Registration solutions and services. With more than 400 enterprise clients, RegEd's solutions enable financial services firms to efficiently comply with state, federal, FINRA and other regulations.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/4/2012 via GlobeNewswire

RegEd, Inc., acquired Arkovi

synopsis: RegEd, the leading provider of technology solutions for compliance for the financial services industry, confirmed that it has successfully completed its acquisition of Arkovi, the award-winning social media solution for archiving and surveillance.
buyer parent: Stone Point Capital, LLC
buyer: RegEd, Inc.
RegEd, a StoneRiver Inc. company, is a leading provider of technology solutions for compliance and risk management serving over 800 enterprise clients including 80 of the top 100 financial services firms. "
target: Arkovi
Arkovi allows financial services firms to maintain a permanent record of their social media activity for both incoming and outgoing communications through an expansive, "always-on" archiving solution to maintain FINRA and SEC compliance.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 3/3/2006 via BusinessWire

RegEd, Inc., purchased certain assets of CT Insurance Services and CCH Wall Street from Wolters Kluwer Financial Services

synopsis: Fiserv, Inc. announced that it has acquired certain assets of CT Insurance Services and CCH Wall Street, two product lines of Wolters Kluwer Financial Services. The acquisitions include Xchange, Securities Registration and Producer Licensing software from CT Insurance Services and the Financial Training product line from CCH Wall Street.
buyer parent: Fiserv, Inc.
buyer: RegEd, Inc.
RegEd is the leading provider of complete, online compliance solutions for financial professionals. RegEd's experience and leadership allows clients to have access to the industry's leading continuing education and innovative compliance products and services. "
seller parent: Wolters Kluwer NV
seller: Wolters Kluwer Financial Services
Wolters Kluwer Financial Services’ solutions include integrated and stand-alone compliance and work flow tools, documentation, analytics, authoritative information, and professional services. Customers include banks, credit unions, mortgage lenders, and securities and insurance organizations.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/19/2004 via BusinessWire

Fiserv, Inc., acquired RegEd, Inc.

synopsis: Fiserv, Inc. (Nasdaq:FISV) has acquired RegEd, Inc., a provider of Internet-based compliance management systems and distance learning programs for the insurance and securities industries. RegEd recorded approximately $9 million in revenues in 2003. Fiserv did not disclose a purchase price.
buyer: Fiserv, Inc. (FISV:$16,226.00)
Fiserv, Inc. provides information management systems and services to the financial and insurance industries. Leading services include transaction processing, outsourcing, business process outsourcing software and systems solutions. "
target: RegEd, Inc.
RegEd is the leading provider of complete, online compliance solutions for financial professionals. RegEd's experience and leadership allows clients to have access to the industry's leading continuing education and innovative compliance products and services.
price ($mm)
rev ($mm)
$9
EBITDA ($mm)
EV / rev
0.0x
EV / EBITDA
closed 4/1/2022 via BusinessWire

Fiserv, Inc., acquired Finxact

synopsis: Fiserv, Inc., a leading global provider of payments and financial services technology, has acquired Finxact, Inc., developer of the cloud-native banking solution that is powering digital transformation throughout the financial services sector.
buyer: Fiserv, Inc. (FISV:$16,226.00)
Fiserv is a global leader in payments and financial technology. The company helps clients achieve best-in-class results through a commitment to innovation in areas including account processing and digital banking solutions, card issuer processing and network services, payments, and more. "
target: Finxact
Finxact, Inc. is led by pioneers in banking that have developed the industry’s leading next-gen core banking platform. The Finxact solution is a SaaS platform engineered to support the scale and regulatory requirements of the largest U.S.-based financial institutions.
price ($mm)
$650
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 10/19/2021 via BusinessWire

Fiserv, Inc., will acquire Bentobox

synopsis: Fiserv, Inc., a leading global provider of payments and financial services technology solutions, will acquire BentoBox, a digital marketing and commerce platform provider that delivers a frictionless diner experience dedicated to accelerating growth and helping restaurants seamlessly connect with their guests.
buyer: Fiserv, Inc. (FISV:$16,226.00)
Fiserv is a global leader in payments and financial technology. The company helps clients achieve best-in-class results through a commitment to innovation in areas including account processing and digital banking solutions, card issuer processing and network services, payments, and more. "
target: Bentobox
BentoBox is a marketing and commerce platform that delivers a seamless guest experience dedicated to accelerating growth. The platform includes products such as websites, ordering (online ordering, pre-order & catering, gift cards, merchandise, tickets), and events management.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 3/26/2021 via BNC Analysis

Fiserv, Inc., will acquire Pineapple Payments

synopsis: Fiserv, Inc. has inked a definitive deal to purchase Pittsburgh, Pennsylvania-based Pineapple Payments, a payments technology company that provides payment processing, proprietary technology, and omni-channel payment acceptance solutions for merchants of all shapes and sizes.
buyer: Fiserv, Inc. (FISV:$16,226.00)
Fiserv is a global leader in payments and financial technology. The company helps clients achieve best-in-class results through a commitment to innovation in areas including account processing and digital banking solutions, card issuer processing and network services, payments, and more. "
target: Pineapple Payments
Pineapple Payments is a payments technology company that provides payment processing, proprietary technology, and omni-channel payment acceptance solutions for merchants of all shapes and sizes. Its core payment gateway and suite of value-added payments tools are distributed by resellers nationwide.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 12/16/2020 via BusinessWire

Fiserv, Inc., will acquire Ondot Systems

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:$16,226.00)
Fiserv is a global leader in payments and financial technology. The company helps clients achieve best-in-class results through a commitment to innovation in areas including account processing and digital banking solutions, card issuer processing and network services, payments, and more. "
target: Ondot Systems
Ondot provides more than 4,500 banks and credit unions with a digital card services platform to drive cardholder engagement. Ondot enables financial institutions to offer in-the-moment convenience and control for credit and debit cards, leading to higher usage, lower cost, and reduced fraud.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 3/18/2020 via BusinessWire

Fiserv, Inc., acquired Bypass Mobile

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:$16,226.00)
Fiserv is a global leader in payments and financial technology. The company helps clients achieve best-in-class results through a commitment to innovation in areas including account processing and digital banking solutions, card issuer processing and network services, payments, and more. "
target: Bypass Mobile
Bypass is a leading innovator in enterprise point-of-sale system. The company combines front-of-house, self service, back-office tools, and deep insights for an integrated solution that brings the innovation, sophistication, and scalability of e-commerce to physical merchants.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 3/3/2020 via BusinessWire

Fiserv, Inc., acquired Merchant Pro Express, LLC

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:$16,226.00)
Fiserv is a global leader in payments and financial technology. The company helps clients achieve best-in-class results through a commitment to innovation in areas including account processing and digital banking solutions, card issuer processing and network services, payments, and more. "
target: Merchant Pro Express, LLC
Merchant Pro Express is an Independent Sales Organization that provides processing services, advanced point-of-sale equipment, and merchant cash advances to businesses. The company leverages technology, analytics, and a consultative approach to help clients and partners to grow their businesses.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 12/18/2019 via BusinessWire

Deluxe Corporation, purchased Remittance Solutions from Fiserv, Inc.

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:$1,790.78)
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:$16,226.00)
The acquisition includes the remittance solutions business of Fiserv. Fiserv’s remittance solutions business offers receivables management, remittance processing and lockbox services to customers. Fiserv is a global leader in financial services technology solutions.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/25/2019 via BusinessWire

NXGEN, acquired BluePay Canada

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 ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/14/2019 via PE Hub

Lovell Minnick Partners, acquired Billhighway

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)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 7/29/2019 via BusinessWire

Fiserv, Inc., acquired First Data Corporation

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:$16,226.00)
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

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:$16,226.00)
For nearly 35 years, Fiserv has been a trusted leader in financial services technology, helping clients achieve best-in-class results by driving quality and innovation in payments, processing services, risk and compliance, customer and channel management, and insights and optimization. "
seller parent: U.S. Bancorp
seller: Elan Financial
The acquisition includes the debit card processing, ATM Managed Services and MoneyPass®surcharge free network of Elan Financial Services, a unit of U.S. Bancorp. MoneyPass gives people easy access to 32,000 surcharge-free ATMs and extensive card acceptance at millions of POS merchants worldwide.
price ($mm)
$690
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 2/7/2018 via BNC Analysis

Warburg Pincus, will acquire Fiserv Lending Solutions

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

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 ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/21/2017 via BusinessWire

Fiserv, Inc., acquired Dovetail Systems

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:$16,226.00)
Fiserv, Inc. is a leading global technology provider serving the financial services industry, driving innovation in payments, processing services, risk and compliance, customer and channel management, and business insights and optimization. "
target: Dovetail Systems
Dovetail provides best-in-class payments and liquidity management solutions that enable banks to simplify their infrastructure and deliver effective digital transformation.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/1/2017 via BusinessWire

Fiserv, Inc., acquired PCLender LLC

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:$16,226.00)
Fiserv, Inc. is a leading global technology provider serving the financial services industry, driving innovation in payments, processing services, risk and compliance, customer and channel management, and business insights and optimization. "
target: PCLender LLC
PCLender, LLC is a leader in next generation enterprise internet-based mortgage software and mortgage lending technology solutions. With a proven record to provide immediate return on investment, PCLender is the most cost effective lending solution available.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 9/1/2017 via BusinessWire

Fiserv, Inc., acquired Monitise plc

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:$16,226.00)
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.

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:$16,226.00)
The acquisition includes the Item Processing Assets of Fiserv Australia. The item Processing Business comprises the business that develops check imaging and electronic clearing software solutions and offers outsourced item processing and clearing services.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 12/12/2016 via BusinessWire

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

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:$16,226.00)
Fiserv, Inc. is a leading global technology provider serving the financial services industry, driving innovation in payments, processing services, risk and compliance, customer and channel management, and business insights and optimization. "
target: Online Banking Solutions (OBS)
Founded in 2002 by a management team that pioneered web cash management and business banking technology, launching two successful financial technology companies, Online Banking Solutions (OBS) provides next-generation Online Messenger multi-channel reporting,
price ($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

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:$16,226.00)
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.

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:$1,642.38)
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:$16,226.00)
Fiserv Case-Shiller Indexes measure the average change in home prices by covering more than 3000 zip codes, 200 countries and 100 metropolitan areas.
price ($mm)
$6.00
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 9/14/2011 via BusinessWire

Fiserv, Inc., acquired CashEdge, Inc.

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:$16,226.00)
Fiserv, Inc. is the leading global provider of information management and electronic commerce systems for the financial services industry, driving innovation that transforms experiences for financial institutions and their customers. "
target: CashEdge, Inc.
CashEdge is the leading provider of innovative payments and aggregation solutions to financial institutions. These include Popmoney® person-to-person (P2P) payments, "me-to-me" account transfers, account opening and funding, small business invoicing and payments, and financial account aggregation.
price ($mm)
$460
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/1/2009 via

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

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

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:$18,884.00)
MasterCard International is a global payments company with one of the most recognized and respected brands in the world. We manage a full range of payment programs and services, including MasterCard® credit cards, MasterCard® debit cards, Maestro® online debit cards, and Cirrus® ATM cash access. "
target: Orbiscom
Orbiscom Ltd. is a leading provider of enhanced B2C, B2B and P2P payment solutions to the global payments industry, primarily providing solutions based on its patented Controlled Payment Number(TM) technology. All of Orbiscom's solutions are designed to leverage existing card processing systems.
price ($mm)
$100
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 7/29/2008 via BusinessWire

BluePoint Solutions, acquired Avalon International INC.

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

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.

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:$121,685.00)
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

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

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

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

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

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.

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

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:$15,086.00)
Fidelity National Financial, Inc. is a leading provider of title insurance, specialty insurance and claims management services. FNF is one of the nation's largest title insurance companies through its title insurance underwriters. "
target: BankWare
BankWare has been a proven and trusted partner to the financial services community. Hundreds of financial institutions, ranging in size from de novo to multi-billion dollar institutions, rely on software and support from BankWare for check imaging, document imaging, remittance imaging, platform aut
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/24/2022 via BNC Analysis

unico IDtech, acquired MakroSystems

synopsis: Unico, a provider of digital identity solutions in Brazil, has acquired MakroSystems, a developer of financial security solutions in Brazil. MakroSystems helps banks and payment networks to secure their transactions. Their web-based anti-fraud solutions uses AI to identify unexpected actions and block unauthorized actions.
buyer: unico IDtech
Unico is a provider of digital identity solutions in Brazil. Unico enables businesses to provide more simple, effective, and safer experiences. They offer solutions for facial recognition, authentication, electronic signatures, and more. "
target: MakroSystems
MakroSystems is a developer of financial security solutions in Brazil. MakroSystems helps banks and payment networks to secure their transactions. Their web-based anti-fraud solutions uses AI to identify unexpected actions and block unauthorized actions.
price ($mm)
$29
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/17/2022 via BNC Analysis

Dimensa Tecnologia, acquired RBM Web Sistemas Inteligentes Ltda

synopsis: Dimensa, a leading provider of financial software in Brazil, has acquired RBM Web, a leading provider of SaaS solutions in Brazil. RBM Web provides solutions to banks and financial institutions to help them better run their business. They offer solutions for loan management, accounting, credit, payment, and more.
buyer parent: TOTVS S.A.
buyer: Dimensa Tecnologia
Dimensa offers a broad portfolio that includes the largest platform for processing and controlling middle and back offices of investment funds in Brazil, and a core banking platform for processing small and medium-sized banks' financial products. "
target: RBM Web Sistemas Inteligentes Ltda
RBM Web is a leading provider of SaaS solutions in Brazil. RBM Web provides solutions to banks and financial institutions to help them better run their business. They offer solutions for loan management, accounting, credit, payment, and more.
price ($mm)
$5.90
rev ($mm)
$3
EBITDA ($mm)
EV / rev
2.3x
EV / EBITDA
closed 6/9/2022 via BusinessWire

Business Warrior, acquired Alchemy Technologies

synopsis: Business Warrior Corp., the source for small businesses in America to get more customers, announced the acquisition of Alchemy Technologies, an industry leading embedded financing software company that powers FinTech’s, Merchants and Banks with an end-to-end cloud native experience.
buyer: Business Warrior (OTCPK:BZWR:$0.39)
Business Warrior is a SaaS company providing small businesses in the United States with a suite of data-driven marketing and next-generation, funding solutions to boost local market dominance. "
target: Alchemy Technologies
Alchemy Technologies is an industry leading embedded financing software company that powers FinTech’s, Merchants and Banks with an end-to-end cloud native experience.
price ($mm)
$8.75
rev ($mm)
$3
EBITDA ($mm)
EV / rev
3.1x
EV / EBITDA
closed 3/16/2022 via BNC Analysis

Razorpay, acquired IZealiant Technologies Private Limited

synopsis: Payments platform Razorpay announced that it’s acquiring IZealiant Technologies, which develops payment solutions for banks. Founded in 2015, IZealiant is a Pune-based startup that provides mobile-first, API-enabled, and cloud-ready payment processing products for banks and financial institutions.
buyer: Razorpay
Razorpay is the only payments solution in India that allows businesses to accept, process and disburse payments with its product suite. It gives access to all payment modes including credit card, debit card, netbanking, UPI and popular wallets. "
target: IZealiant Technologies Private Limited
Founded in 2015, IZealiant is a Pune-based startup that provides mobile-first, API-enabled, and cloud-ready payment processing products for banks and financial institutions. Their ZealPro Product Suite provides payment processing products for banks, processors and merchants.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/25/2021 via BusinessWire

Sysnet Global Solutions, acquired SecureTrust Corporation

synopsis: Ireland-based Sysnet Global Solutions, a leading provider of cyber security and compliance solutions, has acquired SecureTrust, a division of Trustwave. SecureTrust, a leading provider of Payment Card Industry (PCI) compliance, provides innovation and processes for achieving and maintaining compliance and security.
buyer: Sysnet Global Solutions
Ireland-based Sysnet Global Solutions provides end-to-end security and compliance solutions to businesses all around the globe. Sysnet delivers cutting-edge ways to secure networks, maintain compliance, and complete assurance testing and assessments. "
target parent: Temasek Holdings
target: SecureTrust Corporation
SecureTrust, a Trustwave division, is a leading provider of Payment Card Industry (PCI) compliance. SecureTrust delivers world-class consulting, compliance and risk assessment services and solutions for the enterprise market as well as tailored PCI programs for acquirers around the globe.
price ($mm)
$80
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/17/2021 via BNC Analysis

Stripe Inc., acquired Bouncer

synopsis: Stripe, a provider of economic infrastructure for the internet, has announced the acquisition of Bouncer, a company building card authentication technology to reduce fraud during online transactions. Bouncer will be integrated into Stripe Radar, which is fully integrated into Stripe’s payments platform.
buyer: Stripe Inc.
Stripe, Inc. provides services that enable users to accept payments online. It handles storing cards, subscriptions, and direct payouts to the bank account. The company serves large companies, start-ups, and side projects in the United States. "
target: Bouncer
Bouncer is a company building card authentication technology to reduce fraud during online transactions. When an incoming transaction is flagged as high-risk, rather than blocking the purchase entirely, businesses can use Bouncer to verify that the card being used is legitimate.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 11/20/2020 via BNC Analysis

Apax Partners, will acquire Diapason

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

Like RegEd, Inc.


read more

RegEd, Inc.

Compliance Solutions Strategies

RegEd, Inc.

RegEd, Inc.

DeriveXperts

Integrated Compliance Solutions Group

Stanley Davis Group Limited

OnCourse Learning

National Regulatory Services

Cordium

ACA Compliance Group

Telavance

ACA Compliance Group

IMS Consulting Limited

Washington Analysis Corporation

Gordian Compliance Solutions

NetConsult Ltd

RightSize Solutions

SwissComply

BISYS Group, Inc.

read more

FIRE Solutions and ComplianceMax

RegEd, Inc.

RegEd, Inc.

Arkovi

Wolters Kluwer Financial Services

RegEd, Inc.

read more

Finxact

Bentobox

Pineapple Payments

Ondot Systems

Bypass Mobile

Merchant Pro Express, LLC

Fiserv, Inc.

BluePay Canada

Billhighway

First Data Corporation

Elan Financial

Fiserv Lending Solutions

Happiour Limited

Dovetail Systems

PCLender LLC

Monitise plc

Fiserv, Inc.

Online Banking Solutions (OBS)

ACI Worldwide

Fiserv, Inc.

read more

CashEdge, Inc.

Metavante Technologies, Inc.

Orbiscom

Avalon International INC.

SmartStream Technologies

Xign Corp.

Carreker Corporation

Finetre Corporation

ClearTran Inc

SmartStream Technologies

Trintech Group Plc

S2 Systems, Inc.

BankWare

MakroSystems

RBM Web Sistemas Inteligentes Ltda

Alchemy Technologies

IZealiant Technologies Private Limited

SecureTrust Corporation

Bouncer

Diapason

Geography
Matching Companies
Ticker:
 
 
 
 
 
 
 
 
Donnelley Financial Solutions
Donnelley Financial Solutions
Donnelley Financial Solutions (DFIN) is a leading global risk and compliance solutions company. They provide domain expertise, software and data analytics for every stage of their clients’ business and investment lifecycles.
year
2021
rev ($mm)
$970.80
EBITDA ($mm)
$215.40
EBIT ($mm)
$206.40
Net Income ($mm)
$84.50
Employees
2900
  • drill down
  • watch
Ticker: SBIZ.L
 
 
 
 
 
 
 
 
Fintel plc
Fintel plc
Fintel is the UK’s leading fintech and support services business, comprising the largest provider of intermediary business support, SimplyBiz, and the industry leading financial information, ratings and fintech business, Defaqto.
year
2020
rev ($mm)
$84.79
EBITDA ($mm)
$20.07
EBIT ($mm)
$16.90
Net Income ($mm)
$11.22
Employees
575
  • drill down
  • watch
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
2021
rev ($mm)
$16,226.00
EBITDA ($mm)
$5,484.00
EBIT ($mm)
$2,288.00
Net Income ($mm)
$1,334.00
Employees
44000
  • drill down
  • watch
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
  • drill down
  • watch
Ticker: BSE:532668
 
 
 
 
 
 
 
 
Aurionpro Solutions Limited
Aurionpro Solutions Limited
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
2022
rev ($mm)
$63.24
EBITDA ($mm)
$13.29
EBIT ($mm)
$12.38
Net Income ($mm)
$8.85
Employees
1058
  • drill down
  • watch
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
2021
rev ($mm)
$23.76
EBITDA ($mm)
$1.17
EBIT ($mm)
$1.11
Net Income ($mm)
$4.37
Employees
329
  • drill down
  • watch
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
  • drill down
  • watch
Ticker: CNSX:COYX
 
 
 
 
 
 
 
 
CoinAnalyst Corp.
CoinAnalyst Corp.
CoinAnalyst focuses on the business which includes an AI-based big data analytics platform that enables investors in the digital asset sector and other industries to access a dashboard. The dashboard monitors and analyzes real-time data from the digital asset market (Coins/Tokens/NFTs/).
year
2021
rev ($mm)
EBITDA ($mm)
EBIT ($mm)
Net Income ($mm)
Employees
0
  • drill down
  • watch
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
  • drill down
  • watch
Ticker: TSXV:WFLD
 
 
 
 
 
 
 
 
Wellfield Technologies
Wellfield Technologies
Wellfield Technologies is a Canadian company that creates decentralized financial products and services. Wellfield uses blockchain technology to create the next generation financial solutions that enables users to manage their cryptocurrency and link their bank to the blockchain.
year
2021
rev ($mm)
$0.01
EBITDA ($mm)
($1.60)
EBIT ($mm)
Net Income ($mm)
Employees
0
  • drill down
  • watch
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
  • drill down
  • watch