Mergers and acquisitions

3229 articles tagged with this keyword

/markets

ICapital to buy US alternative investments feeder fund platform from UBS

ICapital the leading global fintech platform driving access and efficiency in alternative investing for the asset and wealth management industries, and UBS (NYSE: UBS) today announced they entered into a definitive agreement whereby iCapital will acquire UBS Fund Advisor LLC, UBS’s legacy proprietary US alternative investment manager and the feeder fund platform it manages.

/people

Truist acquires Arena data governance platform

American financial services giant Truist has boosted its data management capabilities through the acquisition of vendor Zaloni's Arena platform. Financial terms were not disclosed.

/retail

CSI to go private in $1.6bn deal

Fintech and regtech outfit Computer Services Inc is set to go private after agreeing to be bought by investment firms Centerbridge Partners and Bridgeport Partners for around $1.6 billion.

/payments

Verto and Locusnine partner for cross-border payments

Verto, the leading B2B cross-border payments and foreign exchange (FX) enabler, today announced that it has acquired Locusnine, a software studio that delivers innovative solutions, products and services that help to transcend technological barriers to customers’ experiences.

/markets

Seedrs launches private investing community

Seedrs, the leading private investment platform with over £2BN in investments recorded to date, has today launched the inaugural Seedrs Venture Partner programme, a new curated community for VCs, accelerators, ecosystem builders and serial entrepreneurs. Seedrs’ Venture Partner community will bring together established and emerging investors and influencers in private investing to support one another through global deal flow, mentorship, and collaboration to help founders get further ahead.

/retail

EToro to buy US options trading app Gatsby

Social investment platform eToro is boosting its presence in the US after inking a definitive agreement to buy options trading app Gatsby for around $50 million.

/payments

Remitly to acquire Rewire for $80 million

Global remittance outfit Remitly is to acquire Rewire, an Israeli-based financial services platform for migrant workers, for $80 million.

/retail

SkySparc buys Mindbanque

SkySparc, an independent solutions provider, is delighted to announce the completion of its acquisition of Mindbanque, a specialist in strategic, operational and transformation consultancy focused on the Nordic finance sector.

/retail

Barclaycard joins BT’s partnership network to support small businesses

Barclaycard Payments has announced its partnership with BT to support microbusinesses in the UK.

/wealth

Motive Partners completes sale of Global Shares to JP Morgan

Motive Partners ("Motive"), a specialist private equity firm focused on growth equity and buyout investments in software and information services companies that serve the financial services industry ("financial technology"), has received the necessary regulatory approvals, and completes the sale of Global Shares to J.P. Morgan. Motive invested in Global Shares in August 2018, acquiring a ~40% stake in the business.

/payments

Jack Henry to acquire Payrailz

Jack Henry & Associates, Inc. (Nasdaq: JKHY) announced today that it has entered into a definitive agreement to acquire Payrailz, adding the company's next-generation digital payment capabilities, including real-time person-to-person (P2P) payments, to Jack Henry's payments ecosystem.

/payments

Legado acquires consumer and B2B bill management technology from WonderBill

Open document and data platform specialist Legado has acquired the consumer and B2B bill management technology from WonderBill.

/wholesale

TymeBank to acquire SME funder Retail Capital

TymeBank, South Africa’s fastest growing digital bank, is set to bolster its business banking offering with a series of new initiatives, key of which is the proposed acquisition of Retail Capital, an award-winning fintech company that provides funding to small and medium-sized businesses in South Africa.

/identity

Ping Identity to be acquired by Thoma Bravo for $2.8 billion

Ping Identity (NYSE: PING), provider of the Intelligent Identity solution for the enterprise, today announced that it has entered into a definitive agreement to be acquired by Thoma Bravo, a leading software investment firm, for $28.50 per share in an all-cash transaction valued at an Enterprise Value of approximately $2.8 billion.

/markets

Investment research firm Tegus acquires Catalyst

Tegus, the leading research platform for investors, today announced that it has acquired Canalyst, creating a new industry standard for modern research.

/wealth

ICapital closes Simon Markets acquisition

iCapital, the leading global fintech platform driving access and efficiency in alternative investing for the asset and wealth management industries, today announced it has completed the acquisition of SIMON Markets.

/payments

Nexi's PeP acquires majority stake in Team4U

Polskie ePłatności (PeP), part of leading European PayTech Nets / Nexi Group, has acquired a majority stake in Team4U, the owner of Simapka – an app for owners of shops and service points.

/payments

Global Payments to acquire EVO for $4 billion

Global Payments is to acquire smaller rival EVO Payments for nearly $4 billion in an all-cash deal that will extend its reach in the B2B sector.

/payments

Rêv Worldwide acquires Netspend consumer business from Global Payments

Today Rêv Worldwide, Inc., (“Rêv”), an international fintech company, and Global Payments (NYSE: GPN), a leading worldwide provider of payment technology and software solutions, announced that Rêv, in partnership with funds advised by Searchlight Capital Partners, L.P. (“Searchlight”), has entered into a definitive agreement to acquire the Netspend consumer business from Global Payments in an all cash transaction valued at $1 billion.

/retail

YES Bank to raise $1.1 billion in 10% private equity sale

Private equity giants, Carlyle and Advent International have announced their plans to acquire a 10% stake in YES Bank, one of India’s largest private sector banks, as part of a $1.1 billion capital raise.