M&A Deal Summary

DST Systems Acquires USCS International

On December 21, 1998, DST Systems acquired software company USCS International from Westar Capital

Acquisition Highlights
  • This is DST Systems’ 1st transaction in the Software sector.
  • This is DST Systems’ 1st transaction in the United States.
  • This is DST Systems’ 1st transaction in California.

M&A Deal Summary

Date 1998-12-21
Target USCS International
Sector Software
Buyer(s) DST Systems
Sellers(s) Westar Capital
Deal Type Add-on Acquisition
Advisor(s) GTK Partners (Financial)

Target

USCS International

Rancho Cordova, California, United States
USCS International, Inc., is a provider of both customer management software and bill processing and presentment services to the communications industry. With clients throughout the United States and fifteen countries, it produces over 60 million billing statements per month.

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Buyer(S) 1

Buyer

DST Systems

Kansas City, Missouri, United States

Category Company
Founded 1968
Sector Information Technology
Employees12,925
Revenue 1.6B USD (2016)
DESCRIPTION
DST Systems' corporate headquarters in downtown Kansas City, Missouri.
DST Systems' corporate headquarters in downtown Kansas City, Missouri.

DST Systems, Inc. is a provider of information processing and servicing solutions to companies around the world. DST delivers strategically unified transactions and business processing, data management, and customer communications solutions to the asset management, brokerage, retirement, and healthcare markets. DST Systems was formed in 1968 and is based in Kansas City, Missouri.


DEAL STATS #
Overall 1 of 10
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 8
State: California M&A 1 of 1
Country: United States M&A 1 of 8
Year: 1998 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2005-07-01 DST Innovis

El Dorado Hills, California, United States

DST Innovis, Inc. is a provider of billing and customer care solutions to the largest cable broadband and satellite companies, including DIRECTV, Comcast and Cablevision, supporting about 37 million subscribers worldwide.

Sell $238M

Seller(S) 1

SELLER

Westar Capital

Costa Mesa, California, United States

Category Private Equity Firm
Founded 1987
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Westar Capital LLC was a private investment firm focused on acquiring established middle-market growth companies in partnership with management. Westar also sought to provide equity financing for corporate expansions, restructurings, acquisitions, and fund shareholder liquidity needs. Westar Capital LLC was established in 1987 and was based in Costa Mesa, California.


DEAL STATS #
Overall 2 of 12
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 6
State: California M&A 1 of 7
Country: United States M&A 2 of 12
Year: 1998 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1997-06-16 USCS International

Rancho Cordova, California, United States

USCS International, Inc., is a provider of both customer management software and bill processing and presentment services to the communications industry. With clients throughout the United States and fifteen countries, it produces over 60 million billing statements per month.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1999-01-01 Big Heart Pet Brands

San Francisco, California, United States

Big Heart Pet Brands is a standalone producer, distributor and marketer of premium quality, branded pet food and pet snacks. The Company’s purpose is to nurture the bond between pets and the people who love them – making every day special. Its portfolio of brands, with a foundation in dog and cat food and treats, strives to cater to every pet life stage and every family’s budget through the availability and accessibility of its products.

Sell -