M&A Deal Summary

ID Global Solutions Acquires FIN Holdings

On February 16, 2016, ID Global Solutions acquired information technology company FIN Holdings for 9M USD

Acquisition Highlights
  • This is ID Global Solutions’ 1st transaction in the Information Technology sector.
  • This is ID Global Solutions’ largest (disclosed) transaction.
  • This is ID Global Solutions’ 1st transaction in the United States.
  • This is ID Global Solutions’ 1st transaction in Florida.

M&A Deal Summary

Date 2016-02-16
Target FIN Holdings
Sector Information Technology
Buyer(s) ID Global Solutions
Deal Type Add-on Acquisition
Deal Value 9M USD

Target

FIN Holdings

Coral Gables, Florida, United States
FIN Holdings, Inc. is a parent company of ID Solutions Inc a Delaware Corporation specializing in field proven, cutting-edge biometric fingerprint software technology and algorithms and Cards Plus SA a South African company which provides unique secure credential products and solutions to government customers in Africa.

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Buyer(S) 1

Buyer

ID Global Solutions

Longwood, Florida, United States

website


Category Company
Founded 2009
SectorSoftware
Employees2
Revenue 8M USD (2012)
DESCRIPTION

ID Global Solutions Corp. is a provider of secure bio-metric identity and electronic transaction solutions enabling public safety, integrity and financial inclusion in a digital and mobile economy.


DEAL STATS #
Overall 1 of 1
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Florida) 1 of 1
Country (United States) 1 of 1
Year (2016) 1 of 1
Size (of disclosed) 1 of 1