Like Dovetail Systems

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:$14,852.00)
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.
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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.
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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
closed 10/7/2020 via PR Newswire

Payrix, acquired IntegraPay

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.
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closed 12/11/2019 via BNC Analysis

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

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.
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announced 5/30/2019 via Company Press Release

Silverfleet Capital, will acquire Microgen Financial Systems

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

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
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closed 10/3/2018 via Company Press Release

Silver Investment Partners, acquired ALVARA Cash Management Group AG

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.
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announced 2/9/2018 via BNC Analysis

Visa, Inc., will acquire Fraedom

synopsis: Visa, the world’s leader in digital payments, has agreed to acquire UK-based Fraedom, a Software-as-a-Service technology company providing payments and transaction management solutions for financial institutions and their corporate customers. The platform helps banks to differentiate their service, drive card uptake and improve customer retention.
buyer: Visa, Inc. (V:$21,846.00)
Visa Inc. is the world’s leader in digital payments. Their mission is to connect the world through the most innovative, reliable and secure payment network - enabling individuals, businesses and economies to thrive. "
target parent: Hogg Robinson Group Plc
target: Fraedom
Based in the UK, Fraedom works with banks to enhance their card programs and help their customers manage business spend through its easy-to-use spend management system. The platform helps banks to differentiate their service, drive card uptake, increase card spend and improve customer retention.
price ($mm)
$200
rev ($mm)
$47
EBITDA ($mm)
EV / rev
4.3x
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:$14,852.00)
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 4/26/2017 via PR Newswire

Vantiv, will acquire Paymetric Inc.

synopsis: Vantiv, Inc., a leading provider of payments processing services and related technology solutions for merchants and financial institutions, announced its agreement to acquire Paymetric, a portfolio company of Francisco Partners. Paymetric automates B2B payment workflows within enterprise systems, including SAP, Oracle, Hybris, Salesforce and more.
buyer parent: Advent International
buyer: Vantiv (VNTV:$3,796.12)
Vantiv, Inc. is a leading, integrated payment processor differentiated by a single, proprietary technology platform. Vantiv offers a comprehensive suite of traditional and innovative payment processing and technology solutions to merchants and financial institutions of all sizes in the U.S. "
target parent: Francisco Partners Management LLC
target: Paymetric Inc.
Paymetric, Inc. is the global leader in integrated and secure electronic payment solutions for the enterprise to streamline the order-to-cash process, reduce the scope and financial burden of achieving PCI compliance and improve return on electronic payment acceptance.
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closed 4/12/2017 via Market Wire

Piteco S.p.A., acquired LendingTools.com

synopsis: Piteco, a Software House and the leader in Italy in proprietary solutions for Treasury management and Financial Planning for large and medium sized firms in the industrial and service sector, has acquired LendingTools.com. LendingTools.com provides Software-as-a-Service based inter-bank transaction and reporting systems for financial institutions.
buyer parent: DEDAGROUP S.p.A.
buyer: Piteco S.p.A. (BIT:PITE:$28.90)
Piteco is a Software House and the absolute leader in Italy in proprietary solutions for Treasury management and Financial Planning for large and medium sized firms in the industrial and service sector. Piteco software is used in more than 40 countries worldwide. "
target: LendingTools.com
LendingTools.com provides Software-as-a-Service based inter-bank transaction and reporting systems for financial institutions. Over 25,000 users from more than 3,000 financial institutions utilize LT services on a daily basis.
price ($mm)
$13
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closed 6/14/2017 via Company Press Release

Misys plc, acquired DH Corporation

synopsis: Vista Equity Partners, a U.S.-based private equity firm, has acquired DH Corporation, a leading provider of technology solutions to financial institutions globally. Vista has combined DH with its portfolio company Misys, a company that provides the broadest, deepest portfolio of financial services software on the market.
buyer parent: Vista Equity Partners
buyer: Misys plc
Misys provides financial services software covering retail and corporate banking, lending, treasury, capital markets, investment management and enterprise risk. "
target: DH Corporation (TSX:DH:$1,260.20)
D+H is a global payments and lending technology provider serving nearly 8,000 financial institutions, specialty lenders, community banks, credit unions, governments and corporations, including Canada’s largest banks.
price ($mm)[EV]
$2,074 [$3,491]
rev ($mm)
$1,262
EBITDA ($mm)
$238
EV / rev
2.8x
EV / EBITDA
14.6x
closed 1/30/2017 via Company Press Release

Netcetera AG, acquired Nexperts GmbH

synopsis: Netcetera has acquired a 100% stake in Nexperts GmbH, complementing its offering in the payment area with the wallet, mobile payment and NFC expertise from Nexperts. Nexperts is a leading provider of mobile contactless solutions in the area of payments, with profound experience and expertise in bringing NFC applications to mobile platforms.
buyer: Netcetera AG
As a leading Swiss software company, Netcetera supports its customers worldwide with trend-setting products and custom software. They cover the entire IT service lifecycle, from strategy to implementation and operation. "
target: Nexperts GmbH
Nexperts is a leading provider of mobile contactless solutions in the area of payments. The company has profound experience and expertise in bringing NFC applications to mobile platforms such as Android and iPhone. Solutions from Nexperts are used by banks, retailers and mobile operators.
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announced 7/21/2016 via Market Wire

Net Element, Inc., will acquire PayStar, Inc.

synopsis: Net Element, Inc, a provider of global mobile payment technology solutions, announced the entry into a binding letter of intent to acquire a majority interest in PayStar, Inc, a comprehensive remittance and e-wallet platform for emerging markets and Nexcharge, Inc, a proprietary payment processing, fraud management and merchant management platform.
buyer: Net Element, Inc. (NETE:$45.96)
Net Element is a global technology-driven group specializing in mobile payments and value-added transactional services. The company owns and operates a global mobile payments and transactional processing provider, TOT Group, Inc. "
target: PayStar, Inc.
Paystar provides financial institutions a complete solution so they may offer remittance services, merchant services, mobile payments and payroll services to customers. Nexcharge, Inc. is a proprietary payment processing, fraud management and merchant management platform.
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closed 2/9/2016 via BNC Analysis

Interswitch, Inc., acquired VANSO

synopsis: In a move that will further seal its place as a payments juggernaut in the African continent, Interswitch has acquired Vanso. VANSO is a financial technology provider that delivers highly secure, world class solutions through their proprietary payments platform (MIMO) and banking and messaging (VCP) platform.
buyer parent: Helios Investment Partners LLP
buyer: Interswitch, Inc.
Interswitch is an Africa-focused integrated digital payments and commerce company that facilitates the electronic circulation of money as well as the exchange of value between individuals and organisations on a timely and consistent basis. "
target: VANSO
VANSO is a financial technology provider focused on delivering cutting edge and innovative solutions in Africa. Through their proprietary payments (MIMO), banking and messaging (VCP) platforms we deliver highly secure, world class solutions for clients.
price ($mm)
$75
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closed 11/4/2015 via Company Press Release

Eti-Net Inc., acquired Insider Technologies Limited

synopsis: ETI-NET, the leading provider of backup and archive systems for payment platform operators, has completed the acquisition of Insider Technologies Ltd, a UK based specialist in high-volume critical transaction data monitoring, payment application and alerting software for banks, payment providers, retail, defense, and government.
buyer: Eti-Net Inc.
ETI-NET is the worldwide leader in backup of critical data for industries that never stop. They develop software which allows NonStop servers to access modern storage technologies. ETI-NET enjoys a reputation for delivering leading-edge components to major data-centers globally. "
target: Insider Technologies Limited
Insider Technologies Limited (ITL) is a UK-based software house and services company. The Company operates in the Financial, Government and Defence and Messaging markets and provides Service Management, Message and Payment Tracking, Custom Bespoke Software and Middleware Provisioning solutions.
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closed 4/30/2015 via PR Newswire

Davis + Henderson Corporation, acquired FundTech, Ltd.

synopsis: GTCR, a leading private equity firm, announced that its portfolio company Fundtech, a leading provider of global payments and transaction banking software, has been acquired by DH Corporation, a leading provider of secure and reliable technology solutions to North American financial institutions.
buyer: Davis + Henderson Corporation (TSX:DH:$1,260.20)
Founded in 1875, Davis + Henderson Corporation is a leading solutions provider to the North American financial services marketplace, providing innovative technology-based programs, products and business services tailored to their customers' needs. "
target parent: GTCR, LLC
target: FundTech, Ltd. (FNDT:$141.94)
Fundtech is a leading provider of software solutions and services that facilitate payments, settlement and cash management by enabling businesses and their banks to electronically manage cash, process payments and transfer funds.
price ($mm)
$1,250
rev ($mm)
$263
EBITDA ($mm)
$59
EV / rev
4.8x
EV / EBITDA
21.0x
closed 5/7/2015 via

MyECheck, acquired Seergate Ltd.

synopsis: MyECheck, the leader in electronic check solutions for online and mobile payments, has closed the acquisition of Seergate Ltd, developer of a cloud platform for billing and payments. The Seergate system has been integrated with the MyECheck payment systems adding multiple revolutionary new international payment and banking related capabilities.
buyer: MyECheck (OTCPK:MYEC:$0.78)
MyECheck Inc. is a leading electronic payment technology developer and payment services provider. MyECheck provides comprehensive payment systems for all payment applications including mobile payments and the industry's most advanced security and fraud control technologies. "
target: Seergate Ltd.
Seergate developed an omni-channel payment platform that targets small business, electronic commerce and personal money movement. The Seergate payments platform is a robust and proven solution that ran in production with 4 banks in the US in collaboration with a banking core processor.
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closed 11/6/2014 via BNC Analysis

Bassilichi S.p.A., acquired ArsBlue d.o.o.

synopsis: Bassilichi Group said it has acquired a 51% stake in Ars Blue, a Serbian company specialising in advance payment systems development. All their software solutions are based on industry leading software infrastructure and they provide robust and flexible solutions for any size of card management systems, ATM and eft-pos networks.
buyer: Bassilichi S.p.A.
Bassilichi is a recognized player in Business Process Outsourcing (BPO), and serves as a strategic partner for Banks, Industries and Public Administrations thanks to an offering that covers the following three areas: Payment Systems, Back office and Security "
target: ArsBlue d.o.o.
ArsBlue to provides high quality design, development and implementation of modern payment solutions based on payment cards, mobile and Internet technologies. All their software solutions are based on industry leading software infrastructure.
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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:$14,852.00)
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.
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closed 1/31/2006 via BNC Analysis

Dovetail Systems, acquired Concise Group Limited

synopsis: Large value payments house Dovetail Systems has moved into the ACH business with the acquisition of Concise Group's UK-based payment software business. Concise provides bulk payment processing capability for large banks and their customers. The acquisition includes the Concise products CorpPay and PayAssure.
buyer: Dovetail Systems
Dovetail Systems is a global provider of payment systems to banks to enable wholesale, high-value and bulk payment processing. Our expertise lies in designing financial transaction processing systems, specifically for payments and messaging. "
target: Concise Group Limited
Concise is a software development organisation, providing J2EE Java-based solutions to the financial services sector.
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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:$14,852.00)
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.
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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:$14,852.00)
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.
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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:$14,852.00)
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.
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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:$14,852.00)
Fiserv is a global leader in payments and financial technology. The company helps clients achieve best-in-class results through a commitment to innovation in areas including account processing and digital banking solutions, card issuer processing and network services, payments, and more. "
target: Merchant Pro Express, LLC
Merchant Pro Express is an Independent Sales Organization that provides processing services, advanced point-of-sale equipment, and merchant cash advances to businesses. The company leverages technology, analytics, and a consultative approach to help clients and partners to grow their businesses.
price ($mm)
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closed 12/18/2019 via BusinessWire

Deluxe Corporation, purchased Remittance Solutions from Fiserv, Inc.

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:$14,852.00)
The acquisition includes the remittance solutions business of Fiserv. Fiserv’s remittance solutions business offers receivables management, remittance processing and lockbox services to customers. Fiserv is a global leader in financial services technology solutions.
price ($mm)
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closed 10/25/2019 via BusinessWire

NXGEN, acquired BluePay Canada

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

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.
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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:$14,852.00)
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:$14,852.00)
For nearly 35 years, Fiserv has been a trusted leader in financial services technology, helping clients achieve best-in-class results by driving quality and innovation in payments, processing services, risk and compliance, customer and channel management, and insights and optimization. "
seller parent: U.S. Bancorp
seller: Elan Financial
The acquisition includes the debit card processing, ATM Managed Services and MoneyPass®surcharge free network of Elan Financial Services, a unit of U.S. Bancorp. MoneyPass gives people easy access to 32,000 surcharge-free ATMs and extensive card acceptance at millions of POS merchants worldwide.
price ($mm)
$690
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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:$14,852.00)
Fiserv, Inc. is a leading global technology provider serving the financial services industry, driving innovation in payments, processing services, risk and compliance, customer and channel management, and business insights and optimization. "
target: Dovetail Systems
Dovetail provides best-in-class payments and liquidity management solutions that enable banks to simplify their infrastructure and deliver effective digital transformation.
price ($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:$14,852.00)
Fiserv, Inc. is a leading global technology provider serving the financial services industry, driving innovation in payments, processing services, risk and compliance, customer and channel management, and business insights and optimization. "
target: PCLender LLC
PCLender, LLC is a leader in next generation enterprise internet-based mortgage software and mortgage lending technology solutions. With a proven record to provide immediate return on investment, PCLender is the most cost effective lending solution available.
price ($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:$14,852.00)
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:$14,852.00)
The acquisition includes the Item Processing Assets of Fiserv Australia. The item Processing Business comprises the business that develops check imaging and electronic clearing software solutions and offers outsourced item processing and clearing services.
price ($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:$14,852.00)
Fiserv, Inc. is a leading global technology provider serving the financial services industry, driving innovation in payments, processing services, risk and compliance, customer and channel management, and business insights and optimization. "
target: Online Banking Solutions (OBS)
Founded in 2002 by a management team that pioneered web cash management and business banking technology, launching two successful financial technology companies, Online Banking Solutions (OBS) provides next-generation Online Messenger multi-channel reporting,
price ($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:$14,852.00)
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:$14,852.00)
Fiserv Case-Shiller Indexes measure the average change in home prices by covering more than 3000 zip codes, 200 countries and 100 metropolitan areas.
price ($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.

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:$14,852.00)
Club Solutions from Fiserv has established itself as a leader in providing fully integrated enterprise software and payment solutions in the fitness, sports and leisure industry.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/14/2013 via PE Hub

Fiserv, Inc., acquired Open Solutions Inc.

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:$14,852.00)
Fiserv, Inc. is a leading global technology provider serving the financial services industry, driving innovation in payments, processing services, risk and compliance, customer and channel management, and business insights and optimization. "
target parent: Providence Equity Partners Inc.
target: Open Solutions Inc.
Open Solutions provides several platforms including DNA™, an open, relationship-centered core banking platform built for global collaboration.
price ($mm)[EV]
$55 [$1,015]
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 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:$14,852.00)
Fiserv, Inc. is a leading global technology provider serving the financial services industry, driving innovation in payments, processing services, risk and compliance, customer and channel management, and business insights and optimization. "
target: Dovetail Systems
Dovetail provides best-in-class payments and liquidity management solutions that enable banks to simplify their infrastructure and deliver effective digital transformation.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 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:$14,852.00)
Fiserv, Inc. is the leading global provider of information management and electronic commerce systems for the financial services industry, driving innovation that transforms experiences for financial institutions and their customers. "
target: CashEdge, Inc.
CashEdge is the leading provider of innovative payments and aggregation solutions to financial institutions. These include Popmoney® person-to-person (P2P) payments, "me-to-me" account transfers, account opening and funding, small business invoicing and payments, and financial account aggregation.
price ($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:$15,301.00)
MasterCard International is a global payments company with one of the most recognized and respected brands in the world. We manage a full range of payment programs and services, including MasterCard® credit cards, MasterCard® debit cards, Maestro® online debit cards, and Cirrus® ATM cash access. "
target: Orbiscom
Orbiscom Ltd. is a leading provider of enhanced B2C, B2B and P2P payment solutions to the global payments industry, primarily providing solutions based on its patented Controlled Payment Number(TM) technology. All of Orbiscom's solutions are designed to leverage existing card processing systems.
price ($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:$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

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:$8,363.00)
Fidelity National Financial, Inc. is a leading provider of title insurance, specialty insurance and claims management services. FNF is one of the nation's largest title insurance companies through its title insurance underwriters. "
target: BankWare
BankWare has been a proven and trusted partner to the financial services community. Hundreds of financial institutions, ranging in size from de novo to multi-billion dollar institutions, rely on software and support from BankWare for check imaging, document imaging, remittance imaging, platform aut
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
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
closed 10/7/2020 via PR Newswire

Payrix, acquired IntegraPay

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

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.

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

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

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$48.86
EBITDA ($mm)
$8.33
EBIT ($mm)
$7.04
Net Income ($mm)
$3.59
Employees
1029
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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: 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)
$14,852.00
EBITDA ($mm)
$4,722.00
EBIT ($mm)
$1,630.00
Net Income ($mm)
$958.00
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: 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
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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)
$14,852.00
EBITDA ($mm)
$4,722.00
EBIT ($mm)
$1,630.00
Net Income ($mm)
$958.00
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
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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
2020
rev ($mm)
$48.86
EBITDA ($mm)
$8.33
EBIT ($mm)
$7.04
Net Income ($mm)
$3.59
Employees
1029
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  • 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
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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