M&A Deal Summary

FICO Acquires HNC Software

On April 29, 2002, FICO acquired software company HNC Software for 810M USD

Acquisition Highlights
  • This is FICO’s 1st transaction in the Software sector.
  • This is FICO’s largest (disclosed) transaction.
  • This is FICO’s 3rd transaction in the United States.
  • This is FICO’s 1st transaction in California.

M&A Deal Summary
Date 2002-04-29
Target HNC Software
Sector Software
Buyer(s) FICO
Deal Type Add-on Acquisition
Deal Value 810M USD

Target

HNC Software

San Diego, California, United States
HNC Software, Inc. is a provider of high-end analytic and decision management software.

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Buyer(S) 1

Buyer

FICO

Bozeman, Montana, United States
Category Company
Founded 1956
Sector Information Services
Employees3,550
Revenue 1.5B USD (2023)
DESCRIPTION
Fair Isaac office in Roseville, Minnesota.
Fair Isaac office in Roseville, Minnesota.

FICO provides analytics software and tools used across multiple industries to manage risk, fight fraud, build more profitable customer relationships, optimize operations and meet strict government regulations. FICO was incorporated in 1956 and is based in Bozeman, Montana.

DEAL STATS #
Overall 3 of 19
Sector (Software) 1 of 9
Type (Add-on Acquisition) 3 of 19
State (California) 1 of 3
Country (United States) 3 of 14
Year (2002) 1 of 1
Size (of disclosed) 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2001-12-11 Nykamp Consulting Group

Oakbrook Terrace, Illinois, United States

Nykamp Consulting Group, Inc., is a provider in CRM strategy and implementation services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2003-07-28 Narex

Golden, Colorado, United States

Narex, Inc., is a provider in analytic solutions for collections and recovery. NAREX builds custom and non-custom scoring solutions, optimization models, debt evaluation services, and other offerings to improve collections and recovery results.

Buy $10M
Mergr

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