M&A Deal Summary

Technisys Acquires Kona

On March 15, 2021, Technisys acquired software company Kona

Acquisition Highlights
  • This is Technisys’ 1st transaction in the Software sector.
  • This is Technisys’ 1st transaction in Canada.
  • This is Technisys’ 1st transaction in Ontario.

M&A Deal Summary

Date 2021-03-15
Target Kona
Sector Software
Buyer(s) Technisys
Deal Type Add-on Acquisition

Target

Kona

Toronto, Ontario, Canada
Kona creates innovative banking solutions that blend great design, engineering, and AI to deliver exceptional customer experiences. From AI-powered chatbots to modern payment solutions, Kona takes a fresh approach to customer engagement that empowers customers with personalized, context-aware, and timely support resources; while helping banks innovate and get into the market faster. Kona was founded in 2015 and is based in Toronto, Ontario.

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Buyer(S) 1

Buyer

Technisys

Miami, Florida, United States

Category Company
Founded 1995
Sector Software
DESCRIPTION

Technisys is a provider of digital core and omnichannel banking software and related services to over 40 financial institutions across North and South America. Technisys was established in 1995 and is based in Miami, Florida.


DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Ontario M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2021 M&A 1 of 1