M&A Deal Summary

SWIFT SCRL Acquires Omnicision

On March 27, 2014, SWIFT SCRL acquired information technology company Omnicision

Acquisition Highlights
  • This is SWIFT SCRL’s 1st transaction in the Information Technology sector.
  • This is SWIFT SCRL’s 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2014-03-27
Target Omnicision
Sector Information Technology
Buyer(s) SWIFT SCRL
Deal Type Add-on Acquisition

Target

Omnicision

United Kingdom
Omnicision is a provider of financial crime prevention services and solutions.

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Buyer(S) 1

Buyer

SWIFT SCRL

La Hulpe, Belgium

Category Company
Founded 1973
Sector Information Technology
DESCRIPTION

SWIFT is a member-owned cooperative that provides the communications platform, products and services to connect more than 10,000 banking organisations, securities institutions and corporate customers in 212 countries and territories. SWIFT enables its users to exchange automated, standardised financial information securely and reliably, thereby lowering costs, reducing operational risk and eliminating operational inefficiencies. SWIFT also brings the financial community together to work collaboratively to shape market practice, define standards and debate issues of mutual interest.


DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: United Kingdom M&A 1 of 1
Year: 2014 M&A 1 of 1