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Add-on Acquisition • Information Technology

Orion Systems Integrators Acquires Banktech Software Services

On March 9, 2023, Orion Systems Integrators acquired information technology company Banktech Software Services

Acquisition Context
  • This is Orion Systems Integrators’ 8th transaction in the Information Technology sector.
  • This is Orion Systems Integrators’ 1st transaction in the United Kingdom.

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M&A Deal Summary
Date March 9, 2023
Target Banktech Software Services
Sector Information Technology
Buyer(s) Orion Systems Integrators
Deal Type Add-on Acquisition

Target Company

Banktech Software Services

London, United Kingdom
Banktech Software Services is a multi-regional Temenos Implementation Partner with a strong cohort of Temenos experts. Banktech is delivering Temenos solutions across Europe, Asia Pacific, and North Africa. Banktech has built robust delivery capabilities and a strong suite of accelerators to deliver impactful transformations at speed. Banktech Software Services is based in London, United Kingdom.
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Buyer Overview 1

Buyer

Orion Systems Integrators

Edison, New Jersey, United States
Category Company
Founded 1993
Sector Information Technology
DESCRIPTION

Orion Systems Integrators is a global provider of IT solutions and services. Orion serves as a strategic IT partner for leading financial services, healthcare, communications, consumer products, education, and government organizations. Orion Systems Integrators was founded in 1993 and is based in Edison, New Jersey.

Deal Context for Buyer #
Overall 9 of 9
Sector: Information Technology 8 of 8
Type: Add-on Acquisition 9 of 9
Country: United Kingdom 1 of 1
Year: 2023 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-02-21 Sryas

Boca Raton, Florida, United States

Sryas is a global technology company specialized in data, advanced analytics, software development, application modernization, and systems integration. Sryas was founded in 2003 and is based in Boca Raton, Florida.

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