StockTwits to Acquire Investing Discovery Platform SparkFin
- 7 years 10 months ago
- M&A Deals
StockTwits announced today it has completed an acquisition of SparkFin Inc., the realtime stock discovery platform which won top honors from attendees at the 2016 Stocktoberfest Fintech startup competition.
Daimler AG buys PayCash Europe SA
- 7 years 10 months ago
- M&A Deals
Daimler Financial Services AG announced that it is acquiring the electronic payment services provider PayCash Europe SA. By gaining a foothold in the ePayment business, Daimler AG will be launching its own electronic payment services provider under the “Mercedes pay” brand name.
Equiniti acquires two businesses
- 7 years 10 months ago
- M&A Deals
Equiniti Group plc, the specialist technology outsourcer, providing non-discretionary payment and administration services to blue-chip companies, Government and retail investors in the UK, today announces that is has completed the acquisitions of Marketing Source and Gateway2finance. The acquisitions are further examples of Equiniti’s growth strategy of integrating scalable technology platforms to provide regulation- driven, technology-enabled... more
KKR Releases Tender Offer to Acquire Hitachi Koki
- 7 years 10 months ago
- M&A Deals
Leading global investment firm KKR today announced that HK Holdings Co., Ltd. (the “Bidder”), an entity owned by investment funds controlled by KKR, intends to make a tender offer for all the existing common shares and stock acquisition rights of leading power tool and life science equipment manufacturer Hitachi Koki Co., Ltd. (“Hitachi Koki” or the “Company”) (Code number: 6581, First Section of the Tokyo Stock Exchange).
Coupa Acquires Spend360 to Modernise Processes for Data Analysis
- 7 years 10 months ago
- M&A Deals
Coupa Software, a leader in cloud-based spend management, today announced that it has acquired substantially all of the assets of Spend360 International Ltd. to help companies digitise antiquated processes for data classification. Based outside London, Spend360 is an analytics solution that uses deep machine learning and artificial intelligence to structure and cleanse data in a format that finance and procurement can actually use.
InvestCloud Acquires Babel Systems for $20 million
- 7 years 10 months ago
- M&A Deals
InvestCloud Inc., a California-based FinTech firm, announced a strategic acquisition of London-based Babel Systems Limited. The value of the deal was $20 million. Babel’s client base includes Nutmeg, a recognized market leader in Robo-Advice, and other progressive Wealth Managers and Family Offices. Babel is the most modern trade and accounting platform in the market today and addresses the needs of a heavily regulated and international... more
S&P Global Decides to Sell Firm to QuantHouse Co-Founder
- 7 years 10 months ago
- M&A Deals
S&P Global (SPGI) announced it has entered into a definitive agreement to sell Quant House SAS (QuantHouse) to a company owned by Pierre Feligioni, one of QuantHouse's original founders. The terms of the transaction were not disclosed. QuantHouse provides end-to-end systematic trading solutions including ultra-low latency market data, algo trading development frameworks, proximity hosting and order routing to hedge funds, market makers,... more
QuantHouse co-Founder Confirms to Purchase Firm from S&P Global
- 7 years 10 months ago
- M&A Deals
S&P Global (SPGI) announced it has entered into a definitive agreement to sell Quant House SAS (QuantHouse) to a company owned by Pierre Feligioni, one of QuantHouse's original founders. The terms of the transaction were not disclosed. QuantHouse provides end-to-end systematic trading solutions including ultra-low latency market data, algo trading development frameworks, proximity hosting and order routing to hedge funds, market makers,... more
PS Financials is Acquired by IRIS Software Group
- 7 years 10 months ago
- M&A Deals
Accountancy and human capital management software provider IRIS Software Group, is today announcing it has acquired financial management software firm PS Financials. Peterborough-headquartered PS Financials provides accounting, purchasing, budgeting and reporting software to more than 2,900 organisations. The acquisition brings 136 highly skilled and experienced staff into IRIS across two locations – Peterborough and London.
Avidbank Expands LightPath Technologies Credit Facilities with a $5 Million Acquisition Term Loan
Avidbank Specialty Finance, a Division of Avidbank that specializes in technology and asset-based lending, has provided LightPath Technologies with new a $5 million acquisition term loan in addition to renewing an existing line of credit. Headquartered in Orlando, Florida, and with facilities in Shanghai and Zhenjiang, China, LightPath designs, manufactures, and distributes optical and infrared components and sub-systems, and custom optical... more
Perficient Acquires RAS & Associates
- 7 years 10 months ago
- M&A Deals
Perficient, Inc, the leading digital transformation consulting firm serving Global 2000 and other large enterprise customers throughout North America, today announced it has acquired RAS & Associates, LLC (“RAS”), a Denver-based $9 million annual services revenue management consultancy with deep expertise in strategy, operations and business process optimization consulting. The acquisition is expected to be accretive to adjusted earnings... more
Dash and Convergex Sign a Definitive Agreement to Merge Dash and LiquidPoint
- 7 years 10 months ago
- M&A Deals
Green Tree Insurance Agency, Inc. is Acquired by Assurant
- 7 years 10 months ago
- M&A Deals
Assurant, Inc., a global provider of risk management solutions, today announced that it has agreed to acquire Green Tree Insurance Agency, Inc. from a wholly-owned subsidiary of Walter Investment Management Corp. (“Walter”) for $125 million in cash with a potential earnout of up to $25 million, based on future performance. Green Tree Insurance Agency sells housing protection products, including voluntary homeowners’ and manufactured housing... more
Allstate Completes Acquisition of SquareTrade
- 7 years 10 months ago
- M&A Deals
The Allstate Corporation today announced that it has obtained all required regulatory approvals and closed its acquisition of SquareTrade, a consumer protection plan provider that distributes through many of America's major retailers.
Ares Capital Corporation Finishes Acquisition of American Capital, Ltd.
- 7 years 10 months ago
- M&A Deals
Ares Capital Corporation announced today that it has completed its previously announced acquisition of American Capital, Ltd. enhancing its leadership position in middle market direct lending in the U.S. Ares Capital continues to be the largest business development company in the U.S. with total assets of $12.3 billion pro forma for the American Capital acquisition as of September 30, 2016.
