M&A Deal Summary |
|
|---|---|
| Date | 2024-09-18 |
| Target | Velocity Solutions |
| Sector | Software |
| Buyer(s) | CSI |
| Sellers(s) | H.I.G. Private Equity |
| Deal Type | Add-on Acquisition |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 1965 |
| Sector | Internet Software and Services |
| Employees | 1,215 |
| Revenue | 54M USD (2014) |
CSI provides core banking, payments processing, Internet, card services, risk assessment, fraud prevention, network management, regulatory compliance, and document delivery solutions to financial institutions and corporate entities across the nation. CSI was founded in 1965 and is based in Paducah, Kentucky.
| DEAL STATS | # |
|---|---|
| Overall | 5 of 6 |
| Sector: Software M&A | 2 of 2 |
| Type: Add-on Acquisition M&A Deals | 5 of 6 |
| State: Florida M&A | 1 of 1 |
| Country: United States M&A | 5 of 6 |
| Year: 2024 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2011-09-01 |
HEIT
Fort Collins, Colorado, United States HEIT provides cloud-delivered IT performance, compliance and security managed services to help financial institutions improve profitability and efficiency, reduce risk, and mitigate security threats in the face of market contraction, margin compression and increasingly complex regulatory environments. HEIT's PCS-4 Platform delivers flexible, affordable service levels, handling technology management so financial institutions can focus on core business initiatives. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-08-19 |
Apiture
Wilmington, North Carolina, United States Apiture delivers digital banking solutions to banks and credit unions throughout the U.S. The company's configurable solutions meet a wide range of financial institutions’ needs, from leveling the playing field with larger institutions to supporting growth through innovative data intelligence and embedded banking strategies. With its API-first approach, Apiture's clients can maximize the capabilities of their platform while preserving a seamless user experience. Apiture is headquartered in Wilmington, North Carolina. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1993 |
| PE ASSETS | 65.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
HIG Private Equity is the private equity arm of HIG Capital. The Firm focuses on management buyouts, growth equity investments, and recapitalizations of mid-sized to large companies valued between $50 million and $1 billion. HIG will also consider industry consolidations, going-privates, and corporate divestitures. Sectors of interest include aerospace, building materials, business services, consumer products, distribution, healthcare, infrastructure, contracting, manufacturing, media, oil & gas services, IT, and transportation. HIG was formed in 1993 is based in Miami, Florida.
| DEAL STATS | # |
|---|---|
| Overall | 174 of 180 |
| Sector: Software M&A | 5 of 5 |
| Type: Add-on Acquisition M&A Deals | 72 of 72 |
| State: Florida M&A | 19 of 20 |
| Country: United States M&A | 120 of 123 |
| Year: 2024 M&A | 9 of 11 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-09-03 |
Action Elevator
Millersville, Maryland, United States Action Elevator is a regional independent elevator services company serving building owners and property managers throughout the Mid-Atlantic region. The Company offers maintenance, repair, and modernization services critical to the operational safety and uptime across the elevator lifecycle. Action Elevator was founded in 2012 and is based in Millersville, Maryland. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-09-25 |
Greenflash
Houston, Texas, United States Greenflash acquires, develops, finances, owns, and operates grid-scale energy storage, power generation, and controllable load projects. Greenflash is based in Houston, Texas. |
Buy | - |