M&A Deal Summary

Arcadea Group Acquires Suntell

On July 27, 2022, growth capital firm Arcadea Group acquired software company Suntell

Acquisition Highlights
  • This is Arcadea Group’s 2nd transaction in the Software sector.
  • This is Arcadea Group’s 2nd transaction in the United States.
  • This is Arcadea Group’s 1st transaction in Kansas.

M&A Deal Summary

Date 2022-07-27
Target Suntell
Sector Software
Buyer(s) Arcadea Group
Deal Type Recapitalization

Target

Suntell

Topeka, Kansas, United States
Suntell is a loan origination software for community banks and credit unions across the United States with better asset quality, strong safety and soundness around regulatory examinations, and workflow efficiency. Suntell was founded in 1996 and is based in Topeka, Kansas.

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Buyer(S) 1

DESCRIPTION

Arcadea Group is an investment firm focused on investing in founder-controlled vertical software (VSaaS) companies generating revenues of $1 to $20 million. The Firm will consider a variety of investment structures including majority recapitalizations and buyouts and targets companies throughout North America, Europe, Australia, and New Zealand. Arcadea Group is based in Toronto, Ontario.


DEAL STATS #
Overall 5 of 12
Sector (Software) 2 of 6
Type (Recapitalization) 3 of 4
State (Kansas) 1 of 1
Country (United States) 2 of 7
Year (2022) 5 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-07-13 Intelligent Banking Solutions

New London, New Hampshire, United States

Intelligent Banking Solutions is a provider of Debt Collection & Asset Recovery Management, software serving financial institutions to increase their profitability, reduce risk, and drive optimal productivity within their organizations. Intelligent Banking Solutions exclusively serves the debt management requirements of the banking industry; assisting their teams in reducing charge-offs, lowering departmental operating costs, and increasing recovery income. Intelligent Banking Solutions was founded in 1989 and is based in New London New Hampshire.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-10-31 Identifi

Saftey Harbor, Florida, United States

Identifi is a provider of Enterprise Content Management and Workflow software for Banks and Credit Unions. Identifi was founded in 1988 and is based in Saftey Harbor, Florida.

Buy -