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M&A Deal Summary

Data Center Acquires Vetter

On April 14, 2020, Data Center acquired information technology company Vetter from Aliya

Acquisition Highlights
  • This is Data Center’s 1st transaction in the Information Technology sector.
  • This is Data Center’s 1st transaction in the United States.
  • This is Data Center’s 1st transaction in New York.

M&A Deal Summary
Date 2020-04-14
Target Vetter
Sector Information Technology
Buyer(s) Data Center
Sellers(s) Aliya
Deal Type Divestiture

Target

Vetter

New York, New York, United States
Vetter leverages sophisticated data analytics to target customers and deploys proven and predictable digital marketing strategies to reach those customers where they want to be reached and drives them to Vetters simple and intuitive digital onboarding platforms to open a new account with your bank. Vetter was formed in 2016 and is based in New York, New York.

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Buyer(S) 1

Buyer

Data Center

Hutchinson, Kansas, United States
Category Company
Founded 1963
Sector Information Technology
DESCRIPTION

Data Center, Inc. (DCI) is the developer of the award-winning iCore360® core banking software and related technologies for community banks nationwide. DCI is privately owned by a group of bank clients, with several clients serving as board members and user group leaders. In addition to iCore360, DCI provides integrated, digital omnichannel solutions for online/mobile/AI banking, onboarding, private ATM network/card management, tellers, remote capture, custom analysis, risk/vendor management, managed IT and more.

DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: New York M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2020 M&A 1 of 1

Seller(S) 1

SELLER

Aliya

Stamford, Connecticut, United States
Category Company
Founded 2015
Sector Information Technology
DESCRIPTION

AFT Analytics has developed transformational data and analytics-based solutions focusing on the consumer finance space, helping financial institutions grow assets, acquire and retain customers, manage risk, and optimize capital allocation by intelligently leveraging data. AFT Analytics was formed in 2015 and is based in Stamford, Connecticut.

DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: New York M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2020 M&A 1 of 1
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