Add-on Acquisition • Information Technology

Vencora Acquires Data Action

On May 5, 2025, Vencora acquired information technology company Data Action

Acquisition Context
  • This is Vencora’s 2nd transaction in the Information Technology sector.
  • This is Vencora’s 1st transaction in Australia.

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M&A Deal Summary

Date May 5, 2025
Target Data Action
Sector Information Technology
Buyer(s) Vencora
Deal Type Add-on Acquisition

Target Company

Data Action

Adelaide , Australia
Data Action (DA) is a specialist technology solutions and services provider to the challenger banking and financial services industry. Data Action is based in Adelaide, Sydney, and Melbourne.
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Buyer Overview 1

Buyer

Vencora

Mississauga, Ontario, Canada

Category Company
Sector Business Services
DESCRIPTION

Vencora is a focused on bringing together a strong family of financial services software businesses to grow and continue serving the best interests of customers and employees. Vencora is based in Mississauga, Ontario.


Deal Context for Buyer #
Overall 4 of 4
Sector: Information Technology 2 of 2
Type: Add-on Acquisition 4 of 4
Country: Australia 1 of 1
Year: 2025 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-03-05 Seriva

Quito, Ecuador

Seriva provides end-to-end treasury management software for financial institutions focused on the administration of treasury, investment, foreign exchange, and financial derivatives products. Seriva was founded in 2001 and is based in Quito, Ecuador.

Buy -