Add-on Acquisition • Software

Concord Acquires Equiant

On August 15, 2023, Concord acquired software company Equiant

Acquisition Context

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.

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

Target Company

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 Overview 1

Buyer

Concord

Scottsdale, Arizona, United States

Category	Company
Founded	1988
Sector	Internet Software and Services

DESCRIPTION

Concord is a provider of software and administration services for specialized loan servicing. Concord was founded in 1988 and is based in Scottsdale, Arizona.

Deal Context for Buyer	#
Overall	1 of 2
Sector: Software	1 of 1
Type: Add-on Acquisition	1 of 2
State: Arizona	1 of 1
Country: United States	1 of 2
Year: 2023	1 of 1

FOLLOWING DEAL

DATE	TARGET	DEAL TYPE	VALUE
2025-06-18	Orion First Gig Harbor, Washington, United States Orion First is a third-party portfolio management and analytics firm for the equipment finance industry. It provides comprehensive portfolio management solutions, including commercial loan servicing, collections, backup servicing, business analytics, and client portal technology. Orion First is based in Gig Harbor, Washington.	Buy	-

DATE

TARGET

DEAL TYPE

VALUE

2025-06-18

Orion First

Gig Harbor, Washington, United States

Orion First is a third-party portfolio management and analytics firm for the equipment finance industry. It provides comprehensive portfolio management solutions, including commercial loan servicing, collections, backup servicing, business analytics, and client portal technology. Orion First is based in Gig Harbor, Washington.

Buy

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