M&A Deal Summary

Perseus Group Acquires Optimal Blue

On September 15, 2023, Perseus Group acquired business services company Optimal Blue from Black Knight

Acquisition Highlights
  • This is Perseus Group’s 1st transaction in the Business Services sector.
  • This is Perseus Group’s 4th transaction in the United States.
  • This is Perseus Group’s 1st transaction in Texas.

M&A Deal Summary
Date 2023-09-15
Target Optimal Blue
Sector Business Services
Buyer(s) Perseus Group
Sellers(s) Black Knight
Deal Type Divestiture

Target

Optimal Blue

Plano, Texas, United States
Optimal Blue operates mortgage secondary marketing technology & facilitates transactions among mortgage market participants through its Marketplace Platform, actionable data, and technology vendor connections. Optimal Blue was formed in 2002 and is based in Plano, Texas.

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Buyer(S) 1

Buyer

Perseus Group

Markham, Ontario, Canada
Category Company
Sector Software
DESCRIPTION

Perseus Group acquires and invests in software businesses that are committed to providing long-term solutions and life-long partnerships to customers.

DEAL STATS #
Overall 4 of 6
Sector (Business Services) 1 of 1
Type (Divestiture) 2 of 2
State (Texas) 1 of 1
Country (United States) 4 of 4
Year (2023) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-05-19 Tune

Seattle, Washington, United States

Tune, Inc. is an analytics company behind the products MobileAppTracking (MAT) and HasOffers. With a mission to make mobile marketing better for everyone, Tunecreates Software-as-a-Service (SaaS) products to help marketers manage performance advertising relationships across mobile and desktop. Tune was formed in 2009 and is based in Seattle, Washington.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-03-02 Auto-IT

Docklands, Australia

Auto-IT is a dealer management system provider for franchise automotive, agriculture, trucking, and construction equipment markets. Auto-IT was founded in 2000 and is based in Docklands, Australia.

Buy -

Seller(S) 1

SELLER

Black Knight

Jacksonville, Florida, United States
Category Company
Founded 2013
Sector Information Technology
Employees6,500
Revenue 1.5B USD (2021)
DESCRIPTION
Black Knight's corporate headquarters in Jacksonville, Florida.
Black Knight's corporate headquarters in Jacksonville, Florida.

Black Knight is a provider of integrated technology, services and data solutions that facilitate and automate many of the business processes across the entire loan lifecycle. Black Knight was founded in 2013 and is based in Jacksonville, Florida.

DEAL STATS #
Overall 3 of 3
Sector (Business Services) 1 of 1
Type (Divestiture) 3 of 3
State (Texas) 1 of 1
Country (United States) 3 of 3
Year (2023) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-03-07 Black Knight - Empower LOS Business

Jacksonville, Florida, United States

Black Knight’s Empower loan origination system (LOS) business, including its Exchange, LendingSpace and AIVA solutions based in Jacksonville, Florida.

Sell -
Mergr

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