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  6. Nymbus Acquires R.C. Olmstead

M&A Deal Summary

Nymbus Acquires R.C. Olmstead

On June 1, 2016, Nymbus acquired internet software and services company R.C. Olmstead

Acquisition Highlights
  • This is Nymbus’ 1st transaction in the Internet Software and Services sector.
  • This is Nymbus’ 1st transaction in the United States.
  • This is Nymbus’ 1st transaction in Ohio.

M&A Deal Summary
Date 2016-06-01
Target R.C. Olmstead
Sector Internet Software and Services
Buyer(s) Nymbus
Deal Type Add-on Acquisition

Target

R.C. Olmstead

Powell, Ohio, United States
R.C. Olmstead, Inc. is a developer of premier core data processing systems that provide flexibility and expansion capabilities to credit union customers.

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Buyer(S) 1

Buyer

Nymbus

Jacksonville, Florida, United States
Category Company
Sector Internet Software and Services
DESCRIPTION

Nymbus is a provider of modern and advanced core processing platform built to date. Nymbus solution is a secure, cloud-based, full-stack product that includes all of the mission-critical functions financial institutions need to build their businesses. Nymbus is based in Jacksonville, Florida.

DEAL STATS #
Overall 1 of 3
Sector (Internet Software and Services) 1 of 1
Type (Add-on Acquisition) 1 of 3
State (Ohio) 1 of 1
Country (United States) 1 of 3
Year (2016) 1 of 3
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-13 AgilityFOUR

Dandridge, Tennessee, United States

AgilityFOUR, Inc. is an online and mobile banking platform provides technology that seamlessly integrates next-generation web and mobile banking solutions into a bank’s existing infrastructure.

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