M&A Deal Summary |
|
|---|---|
| Date | 2019-05-09 |
| Target | Speedpay |
| Sector | Information Technology |
| Buyer(s) | ACI Worldwide |
| Sellers(s) | Western Union |
| Deal Type | Divestiture |
| Deal Value | 750M USD |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 1975 |
| Sector | Software |
| Employees | 3,212 |
| Revenue | 1.6B USD (2024) |
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 the company'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 Elkhorn, Nebraska.
| DEAL STATS | # |
|---|---|
| Overall | 13 of 15 |
| Sector: Information Technology M&A | 4 of 5 |
| Type: Divestiture M&A Deals | 2 of 2 |
| Country: United States M&A | 6 of 6 |
| Year: 2019 M&A | 1 of 2 |
| Size (of disclosed) | 1 of 10 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-01-20 |
ACI Worldwide - Community Financial Services Business
United States ACI Worldwide - Community Financial Services Business is a provider of financial services. |
Sell | $200M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-06-03 |
Mindgate Solutions Pvt.
Mumbai, India Mindgate Solutions Pvt. Ltd. is a provider of payments technology and transaction processing, Mindgate develops next-generation payments platforms for UPI and other real-time payment schemes across the globe. Mindgate Solutions Pvt. Ltd. was founded in 2008 and is based in Mumbai, India. |
Buy | - |
| Category | Company |
|---|---|
| Founded | 1851 |
| Sector | Financial Services |
| Employees | 9,100 |
| Revenue | 4.2B USD (2024) |
Western Union is a financial services company that provides people and businesses with fast, reliable and convenient ways to send money and make payments around the world. Western Union's consumer-to-consumer money transfer service enables people to send money around the world, usually within minutes. Western Union also provides consumers with flexible and convenient options for making one-time or recurring payments in our consumer-to-business segment. This segment consists of United States bill payments, Pago Fácil (bill payments in Argentina), and international bill payments. Western Union's business solutions segment facilitates payment and foreign exchange solutions, primarily cross-border, cross-currency transactions, for small and medium size enterprises and other organizations and individuals. Western Union was founded in 1851 and is based in Denver, Colorado.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 2 |
| Sector: Information Technology M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 2 |
| Country: United States M&A | 1 of 2 |
| Year: 2019 M&A | 1 of 1 |
| Size (of disclosed) | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2011-07-05 |
Travelex Global Business Payments
London, United Kingdom Travelex Global Business Payments conducts business payments annually for 35,000 customers in 14 countries. Travelex provides payments services to a variety of business clients, including over 500 financial institutions. |
Buy | £606M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-08-04 |
Convera
Seattle, Washington, United States Convera is a non-bank provider of cross-border payments and foreign exchange solutions. Convera serves 30,000+ businesses, institutions, and NGOs across 40+ countries in 140 currencies, making it a major player in global B2B payments. Convera is based in Seattle, Washington. |
Sell | $910M |
