M&A Deal Summary

Novantas Acquires Treasury Strategies

On June 1, 2016, Novantas acquired business services company Treasury Strategies

Acquisition Highlights
  • This is Novantas’ 1st transaction in the Business Services sector.
  • This is Novantas’ 2nd transaction in the United States.
  • This is Novantas’ 1st transaction in Illinois.

M&A Deal Summary

Date 2016-06-01
Target Treasury Strategies
Sector Business Services
Buyer(s) Novantas
Deal Type Add-on Acquisition

Target

Treasury Strategies

Chicago, Illinois, United States
Treasury Strategies, Inc. is a treasury consultancy company working with corporations and financial services providers.

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Buyer(S) 1

Buyer

Novantas

New York, New York, United States

Category Company
Founded 1999
Sector Business Services
DESCRIPTION

Novantas is a provider of analytic advisory services and technology solutions for banks. Novantas creates superior value for clients through deep and insightful analysis of the information that drives the financial services industry across pricing, product development, treasury and risk management, distribution, marketing, and sales management. Novantas was founded in 1999 and is based in New York.


DEAL STATS #
Overall 2 of 2
Sector: Business Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
State: Illinois M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2016 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-03-14 PNT Marketing Services

Long Island City, New York, United States

PNT Marketing Services, Inc. is a provider of bank marketing services solutions and systems, providing advisory, information, and marketing solutions for many of the largest U.S. commercial banks. PNT Marketing Services helps banks identify, design and execute efficient and targeted marketing efforts.

Buy -