M&A Deal Summary

FIS Global Acquires Clear2Pay NV/SA

On October 2, 2014, FIS Global acquired software company Clear2Pay NV/SA from Aquiline Capital Partners for 493M USD

Acquisition Highlights
  • This is FIS Global’s 6th transaction in the Software sector.
  • This is FIS Global’s 4th largest (disclosed) transaction.
  • This is FIS Global’s 1st transaction in Belgium.

M&A Deal Summary

Date 2014-10-02
Target Clear2Pay NV/SA
Sector Software
Buyer(s) FIS Global
Sellers(s) Aquiline Capital Partners
Deal Type Add-on Acquisition
Deal Value 493M USD

Target

Clear2Pay NV/SA

Diegem, Belgium
Clear2Pay develops innovative payment technology for financial institutions, aimed at the safe, timely and smooth processing of internal payment traffic. Clear2Pay invests around EUR 5 million a year in researching and developing innovative payment technologies for use on a global scale.

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Buyer(S) 1

Buyer

FIS Global

Jacksonville, Florida, United States

Category Company
Founded 1968
Sector Financial Services
Employees60,000
Revenue 9.8B USD (2023)
DESCRIPTION
FIS' corporate headquarters in Jacksonville, Florida.
FIS' corporate headquarters in Jacksonville, Florida.

FIS Global is a provider of core processing for financial institutions; card issuer and transaction processing services; and outsourcing services to financial institutions and retailers. FIS Global was incorporated in 1968 and is based in Jacksonville, Florida.


DEAL STATS #
Overall 16 of 22
Sector (Software) 6 of 8
Type (Add-on Acquisition) 15 of 18
Country (Belgium) 1 of 1
Year (2014) 2 of 2
Size (of disclosed) 4 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-04-14 CMSI

Columbia, Maryland, United States

CMSI, Inc., is a provider in open-architecture software products and services. Our state-of-the-art products automate the entire consumer credit process from origination, through credit analysis, and contracting for direct and indirect lenders all over the country. CMSI can fully support all your consumer lending products, including Auto Retail and Lease, Home equity, RV, Marine, Credit Card, and Student Lending.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-08-12 SunGard Data Systems

Wayne, Pennsylvania, United States

SunGard Data Systems, Inc. is a provider of software and processing solutions for the financial services industry, higher education, and the public sector in over 70 countries. SunGard also offers disaster recovery, managed IT, and information availability consulting services along with business continuity management software.

Buy $9.1B

Seller(S) 1

SELLER

Aquiline Capital Partners

New York, New York, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2005
PE ASSETS 10.4B USD
Size Mega
Type Sector Focused
DESCRIPTION

Aquiline Capital Partners is a private equity firm that targets investments in the financial services sector. The Firm specifically invests in risk-bearing and services enterprises in industries such as property and casualty insurance, specialty finance, securities, asset management, life insurance and transaction processing. Aquiline Capital was formed in 2005 and is based in New York City.


DEAL STATS #
Overall 3 of 27
Sector (Software) 1 of 4
Type (Add-on Acquisition) 2 of 14
Country (Belgium) 1 of 1
Year (2014) 2 of 2
Size (of disclosed) 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-01-15 The Wright Insurance Group

Uniondale, New York, United States

The Wright Insurance Group LLC is a provider of underwriting, claims, risk management and litigation management services to the education and public entity sectors for more than 20 years. Company have been serving the insurance needs of the food industry since 1995.

Sell $602M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-10-09 Alacrity Solutions

Fishers, Indiana, United States

Alacrity Solutions is a provider of outsourced claims management solutions to insurance carriers. Alacrity was formed in 1976 and is based in Fishers, Indiana.

Buy -