M&A Deal Summary

Jonas Software Acquires FICO - Collection & Recovery Business

On May 5, 2021, Jonas Software acquired business services company FICO - Collection & Recovery Business from FICO

Acquisition Highlights
  • This is Jonas Software’s 1st transaction in the Business Services sector.
  • This is Jonas Software’s 28th transaction in the United States.
  • This is Jonas Software’s 5th transaction in California.

M&A Deal Summary

Date 2021-05-05
Target FICO - Collection & Recovery Business
Sector Business Services
Buyer(s) Jonas Software
Sellers(s) FICO
Deal Type Divestiture

Target

FICO - Collection & Recovery Business

San Jose, California, United States
FICO's Collection & Recovery Business provides products that automate the lifecycle of consumer collections and recovery, including early collections, late collections, asset disposal, agency placement and optimization, recovery, litigation, bankruptcy, asset management, and residual balance recovery.

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Buyer(S) 1

Buyer

Jonas Software

Markham, Ontario, Canada

Category Company
Founded 1990
Sector Software
DESCRIPTION

Jonas Software is a provider of enterprise management software solutions to different vertical markets throughout the world. Jonas Software is based in Markham, Ontario.


DEAL STATS #
Overall 58 of 64
Sector: Business Services M&A 1 of 2
Type: Divestiture M&A Deals 8 of 8
State: California M&A 5 of 5
Country: United States M&A 28 of 28
Year: 2021 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-03-06 Pulse Club Computers Pty.

Newcastle, Australia

Pulse Club Computers Pty. Ltd. is a provider comprehensive suite of computer software available to the licensed club, hotel and function industries. Pulse Club Computers is based in Newcastle, Australia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-12-16 Rock Solid Knowledge

Bristol, United Kingdom

Rock Solid Knowledge empowers organizations with scalable identity and access management solutions, designed to ensure seamless authentication and authorization for applications, APIs, and devices. The company supports businesses in creating robust and compliant digital ecosystems while maintaining a commitment to transparency, diversity, and responsibility toward its community, workforce, customers, and the environment. Rock Solid Knowledge is based in Bristol, United Kingdom.

Buy -

Seller(S) 1

SELLER

FICO

Bozeman, Montana, United States

Category Company
Founded 1956
Sector Software
Employees3,604
Revenue 1.7B USD (2024)
DESCRIPTION
FICO

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 2 of 2
Sector: Business Services M&A 1 of 1
Type: Divestiture M&A Deals 2 of 2
State: California M&A 2 of 2
Country: United States M&A 2 of 2
Year: 2021 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-10-21 Fair Isaac - Cyber Risk Score Business

San Jose, California, United States

Fair Isaac Corp. - Cyber Risk Score Business provides a long-term indicator of network security risk based on a diverse set of inputs, global cybersecurity threats, and proprietary analytical methods thereby helping companies to accurately assess, continually monitor, and judiciously benchmark their enterprise cyber risk management programs. Companies also benefit from the ability to gauge cyber risks emanating from vendors up and down the supply chain.

Sell -