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M&A Deal Summary

Aptitude Acquires Primacy

On February 27, 2017, Aptitude acquired software company Primacy for 6M CAD

Acquisition Highlights
  • This is Aptitude’s 5th transaction in the Software sector.
  • This is Aptitude’s largest (disclosed) transaction.
  • This is Aptitude’s 1st transaction in Canada.
  • This is Aptitude’s 1st transaction in Ontario.

M&A Deal Summary
Date 2017-02-27
Target Primacy
Sector Software
Buyer(s) Aptitude
Deal Type Add-on Acquisition
Deal Value 6M CAD

Target

Primacy

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

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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 5 of 5
Sector: Software M&A 5 of 5
Type: Add-on Acquisition M&A Deals 4 of 4
State: Ontario M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2017 M&A 1 of 1
Size (of disclosed) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-05-16 InfoScreen

Limassol, Cyprus

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

Buy €2M
Mergr

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