M&A Deal Summary

Jack Henry Acquires Bayside Business Solutions

On July 1, 2015, Jack Henry acquired software company Bayside Business Solutions

Acquisition Highlights
  • This is Jack Henry’s 2nd transaction in the Software sector.
  • This is Jack Henry’s 7th transaction in the United States.
  • This is Jack Henry’s 1st transaction in Alabama.

M&A Deal Summary
Date 2015-07-01
Target Bayside Business Solutions
Sector Software
Buyer(s) Jack Henry
Deal Type Add-on Acquisition

Target

Bayside Business Solutions

Birmingham, Alabama, United States
Bayside Business Solutions, Inc. is a provider of complete portfolio management systems for commercial lenders and industry leader in providing factoring software.

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Buyer(S) 1

Buyer

Jack Henry

Monett, Missouri, United States
Category Company
Founded 1976
Sector Information Technology
Employees7,120
Revenue 2.1B USD (2023)
DESCRIPTION

Jack Henry is a provider of integrated technology solutions and data processing services to financial institutions including commercial banks and credit unions. Jack Henry was founded in 1976 and is based in Monett, Missouri.

DEAL STATS #
Overall 7 of 13
Sector (Software) 2 of 4
Type (Add-on Acquisition) 7 of 13
State (Alabama) 1 of 1
Country (United States) 7 of 13
Year (2015) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-03-04 Banno

Cedar Falls, Iowa, United States

Banno provides a digital engagement platform that enables banks and credit unions to be more involved in their customers' financial decisions. By aligning delivery channels, the company currently helps more than 375 financial institutions increase loan demand, raise product adoption, and make informed decisions through improved metrics.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-04-19 Alogent

Peachtree Corners, Georgia, United States

Alogent provides end-to-end payment processing, content management, digital banking, and loan origination technologies to financial institutions, currently including over 2,400 credit unions, community and regional banks, and some of the largest national and international institutions. Alogent was founded in 1995 and is based in Peachtree Corners, Georgia.

Sell -
Mergr

Product

Company

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