M&A Deal Summary

Ncontracts Acquires Banc Intranets

On August 31, 2020, Ncontracts acquired internet software and services company Banc Intranets

Acquisition Highlights
  • This is Ncontracts’ 1st transaction in the Internet Software and Services sector.
  • This is Ncontracts’ 3rd transaction in the United States.
  • This is Ncontracts’ 1st transaction in Tennessee.

M&A Deal Summary

Date 2020-08-31
Target Banc Intranets
Sector Internet Software and Services
Buyer(s) Ncontracts
Deal Type Add-on Acquisition

Target

Banc Intranets

Johnson City, Tennessee, United States
Banc Intranets LLC is a provider of secure, web-based enterprise content management solutions. Banc Intranets was founded in 2002 is based in Johnson City, Tennessee.

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Buyer(S) 1

Buyer

Ncontracts

Brentwood, Tennessee, United States

Category Company
Founded 2009
Sector Software
DESCRIPTION

Ncontracts provides risk, vendor, and compliance management software to a rapidly expanding customer base of more than 1,300 financial institutions located in all 50 states and U.S. territories. Ncontracts was founded in 2009 and is based in Brentwood, Tennessee.


DEAL STATS #
Overall 3 of 7
Sector (Internet Software and Services) 1 of 3
Type (Add-on Acquisition) 3 of 6
State (Tennessee) 1 of 1
Country (United States) 3 of 7
Year (2020) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-05-02 Supernal Software

La Crosse, Wisconsin, United States

Supernal Software LLC is a provider of risk and compliance management software and services for financial institutions. Supernal Software LLC was established in 2008 and is headquartered in La Crosse, Wisconsin.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-06 QuestSoft

Laguna Hills, California, United States

QuestSoft Corp. is a provider of comprehensive compliance software and services for the mortgage, banking and credit union industries. QuestSoft is based in Laguna Hills, California.

Buy -