M&A Deal Summary

Keylane Acquires GENEVA-ID

On December 23, 2015, Keylane acquired software company GENEVA-ID from SUBITO

Acquisition Highlights
  • This is Keylane’s 2nd transaction in the Software sector.
  • This is Keylane’s 1st transaction in Germany.

M&A Deal Summary

Date 2015-12-23
Target GENEVA-ID
Sector Software
Buyer(s) Keylane
Sellers(s) SUBITO
Deal Type Divestiture

Target

GENEVA-ID

Hamburg, Germany
GENEVA-ID GmbH is a provider of software components for insurance companies.

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Buyer(S) 1

Buyer

Keylane

Utrecht, Netherlands

Category Company
Sector Software
DESCRIPTION

Keylane is a developer and implements flexible standard software solutions for the core processes of life and non-­life insurers and pension institutions. Keylane provides solutions that optimize current business processes, unburden our customers and enable them to be future-proof and flexible. Keylane is headquartered in Utrecht, the Netherlands.


DEAL STATS #
Overall 2 of 4
Sector: Software M&A 2 of 3
Type: Divestiture M&A Deals 1 of 1
Country: Germany M&A 1 of 1
Year: 2015 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-05-02 LeanApps B.V.

Naarden, Netherlands

Leanapps develops and delivers standard web-based software for the complete management and administration of policies for Life Insurance companies and pension funds.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-04-03 Schantz

Copenhagen, Denmark

Schantz is a provider of financial software solutions designed to streamline the business processes of life and pension providers and the banking industry. Schantz was based in Copenhagen, Denmark.

Buy -

Seller(S) 1

SELLER

SUBITO

Morfelden-Walldorf, Germany

Category Company
Founded 1990
Sector Software
DESCRIPTION

SUBITO is a provider of software solutions to financial service providers. SUBITO was founded in 1990 and is based in Morfelden-Walldorf, Germany.


DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Germany M&A 1 of 1
Year: 2015 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-04-02 GENEVA-ID

Hamburg, Germany

GENEVA-ID GmbH is a provider of software components for insurance companies.

Buy -