M&A Deal Summary

Concord Acquires Equiant

On August 15, 2023, Concord acquired software company Equiant

Acquisition Highlights
  • This is Concord’s 1st transaction in the Software sector.
  • This is Concord’s 1st transaction in the United States.
  • This is Concord’s 1st transaction in Arizona.

M&A Deal Summary
Date 2023-08-15
Target Equiant
Sector Software
Buyer(s) Concord
Deal Type Add-on Acquisition

Target

Equiant

Chandler, Arizona, United States
Equiant offers software solutions and servicing expertise for dozens of customers serving a range of specialty consumer loans. Equiant is based in Chandler, Arizona.

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Buyer(S) 1

Buyer

Concord

Scottsdale, Arizona, United States
Category Company
Founded 1988
Sector Financial Services
DESCRIPTION

Concord is a full-scope loan servicer delivering innovative, flexible, and scalable portfolio servicing and SaaS solutions to meet the demands of loan originators and capital providers across multiple asset classes including home improvement, solar, energy efficiency, and vacation ownership. Concord was founded in 1988 and is based in Scottsdale, Arizona.

DEAL STATS #
Overall 1 of 1
Sector (Software) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Arizona) 1 of 1
Country (United States) 1 of 1
Year (2023) 1 of 1
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