M&A Deal Summary

TD Service Financial Acquires Security Connections

On December 15, 2011, TD Service Financial acquired business services company Security Connections

Acquisition Highlights
  • This is TD Service Financial’s 1st transaction in the Business Services sector.
  • This is TD Service Financial’s 1st transaction in the United States.
  • This is TD Service Financial’s 1st transaction in Idaho.

M&A Deal Summary

Date 2011-12-15
Target Security Connections
Sector Business Services
Buyer(s) TD Service Financial
Deal Type Add-on Acquisition

Target

Security Connections

Idaho Falls, Idaho, United States
Security Connections, Inc. is a provider of outsourcing solutions to banks.

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Buyer(S) 1

Buyer

TD Service Financial

Santa Ana, California, United States

Category Company
Founded 1964
Sector Information Technology
DESCRIPTION

TD Service Financial Corp. is a provider of technology and services to the mortgage banking industry that specializes in post-closing services and document management. TD Service Financial Corporation is the parent company of several subsidiaries that will be included in the acquisition, including TD Service Company, Security Connections, Inc. (SCI) and TD Quality Control Services.


DEAL STATS #
Overall 1 of 1
Sector (Business Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Idaho) 1 of 1
Country (United States) 1 of 1
Year (2011) 1 of 1