PenFed Dedicates New Year Holidays to Complete Merger with Energy Federal Credit Union
- 7 years 3 months ago
- M&A Deals
While most Americans took off from work to celebrate New Year's Eve and New Year's Day, PenFed Credit Union's merger integration team worked around the clock to ensure that accounts from 11,000 former members of Energy Federal Credit Union and $102 million in assets would be securely transferred to PenFed on the first day of 2017. As a result of the successfully completed merger, PenFed today welcomes 36 former employees from Energy FCU, and... more
Union Nordea – new legal structure
- 7 years 3 months ago
- Regulatory Standards, M&A Deals
Today, as of 2 January 2017, the cross-border mergers between Nordea Bank AB (publ) and its subsidiary banks in Denmark, Finland and Norway have been executed. As a result, all assets and liabilities of the subsidiary banks have been transferred to Nordea Bank AB (publ) and each of Nordea Bank Danmark A/S, Nordea Bank Finland Plc and Nordea Bank Norge ASA has been dissolved. The banking business in Denmark, Finland and Norway will be carried out... more
Ebix Acquires Rio De Janeiro Based WDEV
- 7 years 4 months ago
- M&A Deals
Ebix, Inc., a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, e-governance and healthcare industries, today announced that it has acquired Rio De Janeiro based WDev Soluções em Tecnologia S/A, with the goal of becoming the largest one-stop insurance software services provider in Brazil, while offering a wider repertoire of insurance related software services to prospective clients in... more
Factset Research to acquire Vermilion
- 7 years 4 months ago
- Trading Systems, Market and Reference Data, M&A Deals
FactSet Research Systems Inc. (NYSE:FDS) (NASDAQ:FDS), a leading provider of integrated financial information and analytical applications, today announced its results for the first quarter of fiscal 2017.
Contego acquires Working Status Ltd.
- 7 years 4 months ago
- M&A Deals
Contego, the RegTech platform, providing multi-source identity verification and compliance checks, today announced the acquisition of Working Status Ltd, the comprehensive software solution for Right-to-Work compliance and Human Resources management. The acquisition will accelerate Contego’s current growth, which may well include further acquisitions of RegTech technologies whose capabilities contribute to the Contego vision of providing a... more
Affiliates of Xura Enter into Agreements to Acquire Mitel Mobile and Ranzure Networks
- 7 years 4 months ago
- M&A Deals
Xura, Inc. ("Xura"), a leading provider of digital communications services, today announced that its affiliates have entered into definitive agreements to acquire Mitel Mobility, Inc. ("Mitel Mobile"), a division of Mitel Networks Corporation ("Mitel") (Nasdaq:MITL) (TSX:MNW), and Ranzure Networks, Inc. ("Ranzure").
Senjō Group acquires UK Payment Services Group Kalixa
- 7 years 4 months ago
- M&A Deals
Senjō Group (“Senjō”), a global payments operator and FinTech investment firm, has entered into an agreement with GVC Holdings PLC to acquire its payments processing business Kalixa Group (“Kalixa”) for a total consideration of €29.0 million payable in cash on completion, subject to a completion accounts adjustment. The total consideration is capped at €35.5 million. Completion of the transaction (“Completion”) is subject to a number of domestic... more
Fiserv announces the acquisition of Online Banking Solutions
- 7 years 4 months ago
- M&A Deals
Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, announced today that it has entered into a definitive agreement to acquire Atlanta-based Online Banking Solutions, Inc. (OBS).
Gemalto acquires 3M’s Identity Management Business
Gemalto, the world leader in digital security, today announced that it has entered into agreements to acquire 3M's Identity Management Business for US$850 million. 3M's Identity Management Business is comprised of 3M Cogent Inc., which provides a full spectrum of biometric solutions with a focus in civil identification, border control and law enforcement, and 3M's Document Reader and Secure Materials Businesses.
JenCap Acquires NIF Group
- 7 years 4 months ago
- M&A Deals
JenCap Holdings LLC announced today that it has agreed to acquire privately held NIF Group, Inc. (NIF), a managing general agency, program administrator and wholesale insurance broker based in Manhasset, New York, with six offices located on the east and west coasts of the United Sates. NIF was formed by Michael Orlando in 1976 and has grown to over $185 million in annual written premiums. Mr. Orlando, along with a management team led by NIF... more
FIS to Sell SunGard Public Sector and Education Businesses to Vista
- 7 years 4 months ago
- M&A Deals
FIS™, a global leader in financial services technology, today announced it has signed a definitive agreement to sell its SunGard Public Sector and Education businesses to Vista Equity Partners (Vista) for $850 million. The transaction is expected to close in the first quarter of 2017, subject to required regulatory approvals and customary closing conditions.
Wynnchurch Capital Acquires Rosboro
- 7 years 4 months ago
- M&A Deals
Wynnchurch Capital (“Wynnchurch”), a leading middle-market private equity firm, announced today that it has acquired Rosboro Company, LLC (“Rosboro” or the "Company"). Rosboro is well known as a leading integrated forest products operation producing a wide variety of products including laminated beams (glulam for residential and light commercial construction), studs (home building market), and veneer (plywood and LVL production) at seven... more
Deltek to be Acquired by Roper Technologies
- 7 years 4 months ago
- M&A Deals
Deltek, the leading global provider of enterprise software and solutions for project-based businesses, today announced that it will be acquired by Roper Technologies, a diversified technology company and a constituent of the S&P 500. The acquisition is expected to close by the end of 2016.
Ingram Micro and HNA Group Complete of Acquisition
- 7 years 4 months ago
- M&A Deals
Ingram Micro Inc. and HNA Group today announced that they have completed the previously announced transaction, under which Tianjin Tianhai Investment Company, Ltd. (SSE A Share: 600751 and SSE B Share: 900938), a publicly-traded subsidiary of HNA Group, acquired Ingram Micro for $38.90 per share in an all-cash transaction with an equity value of approximately $6 billion.
Aquila Capital to Merge Norway’s Småkraft and Norsk Grønnkraft
- 7 years 4 months ago
- M&A Deals
Aquila Capital has reinforced its commitment to Norway by planning to merge Småkraft and Norsk Grønnkraft (NGK), to create the leading operator in the country’s hydropower market and the largest operator of small-scale hydropower plants in Europe.
