M&A Deal Summary

ACI Worldwide Acquires Official Payments

On September 23, 2013, ACI Worldwide acquired internet software and services company Official Payments for 127M USD

Acquisition Highlights
  • This is ACI Worldwide’s 2nd transaction in the Internet Software and Services sector.
  • This is ACI Worldwide’s 7th largest (disclosed) transaction.
  • This is ACI Worldwide’s 5th transaction in the United States.
  • This is ACI Worldwide’s 2nd transaction in Georgia.

M&A Deal Summary
Date 2013-09-23
Target Official Payments
Sector Internet Software and Services
Buyer(s) ACI Worldwide
Deal Type Add-on Acquisition
Deal Value 127M USD

Target

Official Payments

Norcross, Georgia, United States
Official Payments Corp. is a provider of transaction processing services, and software and systems integration services primarily to federal, state, and local governments.

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Buyer(S) 1

Buyer

ACI Worldwide

Coral Gables, Florida, United States
Category Company
Founded 1975
Sector Software
Employees3,212
Revenue 1.5B USD (2023)
DESCRIPTION
ACI Worldwide's corporate headquarters in Naples, Florida.
ACI Worldwide's corporate headquarters in Naples, Florida.

ACI Worldwide develops, markets, installs and supports a broad line of software products and services primarily focused on facilitating electronic payments. In addition to its own products, ACI distributes or acts as a sales agent for software developed by third parties. These products and services are used principally by financial institutions, retailers, billers and electronic payment processors, both in domestic and international markets. Most of ACI's products are sold and supported through distribution networks covering three geographic regions – the Americas, Europe/Middle East/Africa and Asia/Pacific. Each distribution network has its own sales force that it supplements with independent reseller and/or distributor networks. ACI Worldwide was incorporated in 1975 and is headquartered in Coral Gables, Florida.

DEAL STATS #
Overall 10 of 14
Sector (Internet Software and Services) 2 of 2
Type (Add-on Acquisition) 9 of 12
State (Georgia) 2 of 2
Country (United States) 5 of 6
Year (2013) 2 of 2
Size (of disclosed) 7 of 10
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-01-30 Online Resources

Chantilly, Virginia,

Online Resources Corporation powers financial interactions between millions of consumers and the company’s financial institution and biller clients. Backed by its proprietary real-time payments gateway that links banks directly with billers, the company provides web and phone-based financial services, electronic payments and marketing services to drive consumer adoption.

Buy $263M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-07-21 ReD

Brookwood, United Kingdom

ReD is a fuel card and pre-paid card issuer and a provider in transactional card fraud prevention and payment processing.

Buy $205M
Mergr

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