M&A Deal Summary

Axway Acquires Sopra Banking Software

On February 21, 2024, Axway acquired software company Sopra Banking Software from Sopra Steria Group for 330M EUR

Acquisition Highlights
  • This is Axway’s 5th transaction in the Software sector.
  • This is Axway’s 0th largest (disclosed) transaction.
  • This is Axway’s 2nd transaction in France.

M&A Deal Summary
Date 2024-02-21
Target Sopra Banking Software
Sector Software
Buyer(s) Axway
Sellers(s) Sopra Steria Group
Deal Type Divestiture
Deal Value 330M EUR

Target

Sopra Banking Software

Annecy-le-Vieux, France
website
Sopra Banking Software is a provider of software and IT services for banks and financial institutions. Sopra Banking Software offers software, integration, support, and advice services according to customers’ needs. Sopra Banking Software was founded in 2012 and is based in Annecy-le-Vieux, France.

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Buyer(S) 1

Buyer

Axway

Scottsdale, Arizona, United States

website

Category Company
Founded 2000
Sector Software
Employees1,525
Revenue 314M EUR (2022)
DESCRIPTION
Axway's corporate headquarters in Phoenix, Arizona.
Axway's corporate headquarters in Phoenix, Arizona.

Axway is a provider of enterprise integration, security, and technology solutions. The Company offers a variety of managed file transfer solutions for business-to business (B2B) needs. Axway was founded in 2000 and is based in Scottsdale, Arizona.

DEAL STATS #
Overall 9 of 9
Sector (Software) 5 of 5
Type (Divestiture) 1 of 1
Country (France) 2 of 2
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-04-19 AdValvas

Sint-Martens-Latem, Belgium

AdValvas is a provider of an e-Invoicing and e-Delivery services for suppliers and buyers. AdValvas was founded in 2004 and is based in Sint-Martens-Latem, Belgium.

Buy -

Seller(S) 1

SELLER

Sopra Steria Group

Paris, France

website

Category Company
Founded 1968
Sector Information Technology
Employees46,129
Revenue 5.1B EUR (2022)
DESCRIPTION

Sopra Steria Group provides one of the most comprehensive portfolios of end to end service offerings in the market: Consulting, Systems Integration, Software Development, Infrastructure Management and Business Process Services. Sopra Steria Group was founded in 1968 and is based in Paris, France.

DEAL STATS #
Overall 1 of 1
Sector (Software) 1 of 1
Type (Divestiture) 1 of 1
Country (France) 1 of 1
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-03-21 Ordina

Nieuwegein, Netherlands

Ordina is a provider of consulting, solutions, and IT in the Netherlands, Belgium, and Luxembourg. Ordina was founded in 1973 and is based in Nieuwegein, Netherlands.

Buy -
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