M&A Deal Summary

Harris Local Government Acquires IMS Enterprises

On July 23, 2019, Harris Local Government acquired financial services company IMS Enterprises

Acquisition Highlights
  • This is Harris Local Government’s 1st transaction in the Financial Services sector.
  • This is Harris Local Government’s 3rd transaction in the United States.
  • This is Harris Local Government’s 2nd transaction in Alabama.

M&A Deal Summary
Date 2019-07-23
Target IMS Enterprises
Sector Financial Services
Buyer(s) Harris Local Government
Deal Type Add-on Acquisition

Target

IMS Enterprises

Florence, Alabama, United States
IMS Enterprises Inc. is a full-service credit and debit payment processor that specializes in providing payment processing software solutions to government and public sector organizations.

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Buyer(S) 1

Buyer

Harris Local Government

Ottawa, Ontario, Canada
Category Company
Sector Software
DESCRIPTION

Harris Local Government is a developer of specialized software designed specifically to meet their fund accounting, human resources, regulatory, and billing needs. Harris Local Government is based in Ottawa, Ontario.

DEAL STATS #
Overall 3 of 3
Sector (Financial Services) 1 of 1
Type (Add-on Acquisition) 3 of 3
State (Alabama) 2 of 2
Country (United States) 3 of 3
Year (2019) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-02-07 S&W MiniComputers

Hueytown, Alabama, United States

S&W MiniComputers, Inc. is a provider of software tools for financial and operational processes within the counties of Alabama.

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