M&A Deal Summary

Findi Acquires Cloudten Industries Pty

On February 21, 2019, Findi acquired internet software and services company Cloudten Industries Pty for 9M AUD

Acquisition Highlights
  • This is Findi’s 1st transaction in the Internet Software and Services sector.
  • This is Findi’s 0th largest (disclosed) transaction.
  • This is Findi’s 1st transaction in Austria.

M&A Deal Summary

Date 2019-02-21
Target Cloudten Industries Pty
Sector Internet Software and Services
Buyer(s) Findi
Deal Type Add-on Acquisition
Deal Value 9M AUD

Target

Cloudten Industries Pty

Sydney, Austria
Cloudten Industries Pty Ltd. is a provider of cloud and technology solutions to enterprise clients across the banking, financial, health, and government sectors. Cloudten Industries is based in Sydney, Australia.

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Buyer(S) 1

Buyer

Findi

Melbourne, Australia

Category Company
Founded 1992
Sector Internet Software and Services
Employees1,157
Revenue 61M AUD (2025)
DESCRIPTION

Findi is a provider of cybersecurity and financial payments. Findi was founded in 1992 and is based in Melbourne, Victoria.


DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Austria M&A 1 of 1
Year: 2019 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-04-16 Transaction Solutions International

New Delhi, India

Transaction Solutions International is a provider of outsourced management services for ATMs and Bill Payment kiosks, covering the entire spectrum from deployment to operations. Transaction Solutions International is based in New Delhi, India.

Sell $22M