M&A Deal Summary

Aptitude Acquires InfoScreen

On May 16, 2016, Aptitude acquired software company InfoScreen for 2M EUR

Acquisition Highlights
  • This is Aptitude’s 4th transaction in the Software sector.
  • This is Aptitude’s 2nd largest (disclosed) transaction.
  • This is Aptitude’s 1st transaction in Cyprus.

M&A Deal Summary

Date 2016-05-16
Target InfoScreen
Sector Software
Buyer(s) Aptitude
Deal Type Add-on Acquisition
Deal Value 2M EUR

Target

InfoScreen

Limassol, Cyprus
InfoScreen (Cyprus) Ltd. is a software solution developer that specializes in the banking administration and fiduciary sectors.

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Buyer(S) 1

Buyer

Aptitude

London, United Kingdom

Category Company
Founded 1981
Sector Software
Employees449
Revenue 70M GBP (2024)
DESCRIPTION

Aptitude provides software solutions and develops and implements business-critical software to automate complex business processes. Aptitude was founded in 1981 and is based in London, England.


DEAL STATS #
Overall 4 of 5
Sector: Software M&A 4 of 5
Type: Add-on Acquisition M&A Deals 3 of 4
Country: Cyprus M&A 1 of 1
Year: 2016 M&A 1 of 1
Size (of disclosed) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-07-16 Jobstream Group

London, United Kingdom

Jobstream Group Ltd. is a provider of corporate services administration software for the offshore financial services industry.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-02-27 Primacy

Vaughan, Ontario, Canada

Primacy Corp. is a provider of private banking, trust administration, accounting and company secretarial software solutions for offshore institutions.

Buy CA$6M