Add-on Acquisition • Software

Profidata Group AG Acquires abraxas

On May 26, 2016, Profidata Group AG acquired software company abraxas

Acquisition Context

This is Profidata Group AG’s 1st transaction in the Software sector.
This is Profidata Group AG’s 1st transaction in Germany.

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M&A Deal Summary
Date	May 26, 2016
Target	abraxas
Sector	Software
Buyer(s)	Profidata Group AG
Deal Type	Add-on Acquisition

Target Company

abraxas

Saarbrücken, Germany

abraxas GmbH is a provider of software solutions for banks and financial service providers.

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Buyer Overview 1

Buyer

Profidata Group AG

Urdorf, Switzerland

Category	Company
Founded	1985
Sector	Software

DESCRIPTION

Profidata Group AG is a developer of investment and wealth management software for the financial services industry and offers extensive services around the software products XENTIS and e-AMIS.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Software	1 of 1
Type: Add-on Acquisition	1 of 1
Country: Germany	1 of 1
Year: 2016	1 of 1

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