M&A Deal Summary

Mitek Acquires A2iA SA

On May 23, 2018, Mitek acquired software company A2iA SA from Edmond de Rothschild Private Equity for 43M EUR

Acquisition Highlights
  • This is Mitek’s 3rd transaction in the Software sector.
  • This is Mitek’s 2nd largest (disclosed) transaction.
  • This is Mitek’s 1st transaction in France.

M&A Deal Summary

Date 2018-05-23
Target A2iA SA
Sector Software
Buyer(s) Mitek
Sellers(s) Edmond de Rothschild Private Equity
Deal Type Add-on Acquisition
Deal Value 43M EUR

Target

A2iA SA

Paris, France
A2iA SA is a developer of handwritten and printed document recognition, data extraction and smart document classification software. A2iA SA was established in 1991 and is based in Paris, France.

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Buyer(S) 1

Buyer

Mitek

San Diego, California, United States

Category Company
Founded 1986
Sector Software
Employees565
Revenue 172M USD (2024)
DESCRIPTION

Mitek is a provider of mobile capture and identity software solutions for customer acquisition. Mitek's patented mobile photo technology automatically captures images of financial and personal documents and then extracts relevant data. Mitek was founded in 1986 and is based in San Diego, California.


DEAL STATS #
Overall 4 of 6
Sector: Software M&A 3 of 4
Type: Add-on Acquisition M&A Deals 4 of 6
Country: France M&A 1 of 1
Year: 2018 M&A 1 of 1
Size (of disclosed) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-10-16 ICAR

Barcelona, Spain

ICAR is a provider of consumer identity verification solutions. ICAR provides cutting-edge technology solutions for customer identity verification, document forgery prevention, and fraud risk mitigation. ICAR was established in 2002 and is based in Barcelona, Spain.

Buy $15M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-01 ID R&D

New York, New York, United States

ID R&D is a provider of artificial intelligence (AI)-based voice and face biometrics and liveness detection. ID R&D’s solutions are available for easy integration with mobile, web, messaging, and telephone channels, as well as in smart speakers, set-top boxes, and other IoT devices. ID R&D was founded in 2016 and is based in New York City.

Buy -

Seller(S) 1

SELLER
DESCRIPTION

Edmond de Rothschild Private Equity is the private equity arm of asset manager and financial services firm Edmond de Rothschild. The private equity group looks seeks buyout and expansion style investments and will consider opportunities across the world, including North America, Europe, and Africa. The Firm broadly invests in real estate, infrastructure projects, and directly in companies. Edmond de Rothschild Private Equity is based in Geneva, Switzerland.


DEAL STATS #
Overall 22 of 27
Sector: Software M&A 2 of 2
Type: Add-on Acquisition M&A Deals 9 of 10
Country: France M&A 15 of 20
Year: 2018 M&A 1 of 1
Size (of disclosed) 5 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-05-16 Itesa

Marseille, France

Itesa is a distributor of alarm and electronic security systems. Itesa was established in 1978 and is based in Marseille, France.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-06-27 Kepler Cheuvreux

Paris, United Kingdom

Kepler Cheuvreux is an independent financial services company, specialized in research, execution and advisory services. Kepler Cheuvreux was founded in 1997 and is based in Paris, France.

Buy -