Mergers and acquisitions

3255 articles tagged with this keyword

/ai

Accenture buys TargetST8 Consulting

Accenture (NYSE: ACN) has acquired TargetST8 Consulting, a privately held financial services consulting firm specializing in corporate and commercial lending, with offices in New York. Terms of the transaction were not disclosed.

/Mergers and acquisitions

NeoXam acquires digital reporting outfit 100M

NeoXam, a leading provider of data management and transaction software solutions dedicated to the financial industry, has acquired 100M.

/Mergers and acquisitions

HIG Capital sells stake in FNZ

H.I.G. Capital (“H.I.G.”), a leading global private equity investment firm with over €24 billion of equity capital under management, announced today that one of its affiliates has entered a definitive agreement to sell its stake in FNZ (“FNZ” or the “Company”), the market leading Platform-as-a-Service (“PaaS”) provider to the European wealth management industry, to Caisse de Depot et Placement du Quebec (“CDPQ”) and Generation Investment Management LLP (“Generation”) (“CDPQ-GIM”) in a transaction valuing the Company at £1.65 billion.

/Mergers and acquisitions

Moneta to acquire Czech challenger Air Bank

Czech bank Moneta is to acquire the Czech and Slovak business of consumer finance house Home Credit and its online challenger bank Air Bank for EUR767 million, creating a new business serving two million customers.

/Mergers and acquisitions

Financial technology sector enjoys M&A boom

The financial technology sector reported 141 M&A transactions in the first half of 2018, with a total disclosed value of nearly $40 billion, more than 26% up from the prior half year.

/Mergers and acquisitions

Circle plans to build token marketplace with acquisition of SeedInvest

Crypocurrency firm Circle is to acquire equity crowdfunding platform SeedInvest with the aim of creating a regulatory-approved token marketplace for capital formulation by businesses and individual entrepreneurs.

/wholesale

Oanda buys GFM Solutions Group

A global leader in online multi-asset trading services and currency data and analytics, OANDA has acquired GFM Solutions Group, a well-known risk management and financial reporting company offering cutting-edge software that enables corporate treasury, accounting and finance teams to better manage the impact of currency-related exposure in their business.

/Mergers and acquisitions

State Street completes acquisition of Charles River Development

State Street Corporation (NYSE: STT) today announced that it has completed its acquisition of Charles River Systems, Inc. (Charles River Development).

/Mergers and acquisitions

Tencent and KKR invest in Philippine fintech firm Voyager

Chinese web behemoth Tencent and private equity giant KKR are paying a combined $175 million for a "substantial" minority stake in the fintech arm of Philippines telco PLDT.

/Mergers and acquisitions

ICE buys Merscorp

Intercontinental Exchange, Inc. (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, announced it has acquired the remaining equity of Merscorp Holding, Inc., owner of Mortgage Electronic Registrations Systems, Inc. (MERS).

/Mergers and acquisitions

Nacha acquires BPDA to push blockchain-based B2B payments directory

US electronic payments association Nacha has acquired the Business Payments Directory Association (BPDA) as it seeks to advance the development and deployment of a B2B payments and remittance directory.

/payments

Banco Sabadell unit buys online payments platform PayTPV

InnoCells, the innovation hub of Banco Sabadell, has acquired Spanish online payments platform PayTPV. Terms of the deal were not disclosed.

/Mergers and acquisitions

Euronext sets out Dublin integration timetable

Euronext today announced an update on the integration of Euronext Dublin, of which Euronext completed the acquisition on 27 March 2018.

/Mergers and acquisitions

Blackstone completes takeover of Thomson Reuters financial and risk business

A consortium led by Blackstone (NYSE:BX) today announced that private equity funds managed by Blackstone (“Blackstone”) – together with Canada Pension Plan Investment Board (“CPPIB”) and GIC – have completed the previously announced partnership transaction with Thomson Reuters (TSX / NYSE: TRI) for Thomson Reuters’ Financial & Risk (F&R) business.

/Mergers and acquisitions

SIA completes takeover of First Data card processing services in seven European countries

SIA, a European high-tech leader in payment infrastructure and services, and First Data Corporation (NYSE: FDC), a global leader in commerce-enabling technology, today announced the completion of SIA’s acquisition of First Data’s card processing businesses in parts of Central and Southeastern Europe for €387 million.

/Mergers and acquisitions

PwC acquires KYC tool from FSCom

PwC is bolstering its regulatory compliance business with the acquisition of anti-money laundering and sanctions screening tool KYC-Pro from Irish consultancy FSCom.

/Mergers and acquisitions

Lombard Risk renamed under Vermeg brand

Lombard Risk, the global provider of integrated regulatory reporting and collateral management solutions, will re-brand as VERMEG, six months after it was acquired by the European banking and insurance software solutions leader, VERMEG.

/Mergers and acquisitions

KRM22 buys Prime Analytics

KRM22 plc, (AIM: KRM:L) the technology and software investment company, with a particular focus on risk management in capital markets, is pleased to announce the acquisition of Prime Analytics LLC (“Prime Analytics”), a Chicago based risk management technology company, for a maximum total consideration of $7.5 million (the “Acquisition”) in line with its investing policy.

/Mergers and acquisitions

Fiserv to buy chunk of US Bancorp's Elan unit

Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, announced today it has agreed to acquire the debit card processing, ATM Managed Services and MoneyPass® surcharge free network of Elan Financial Services, a unit of U.S. Bancorp (NYSE: USB).

/Mergers and acquisitions

PayPal closes iZettle acquisition

PayPal Holdings, Inc. (NASDAQ: PYPL) announced today that it has completed its acquisition of iZettle for approximately $2.2 billion USD.