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M&A Deal Summary

Vencora Acquires Quarzo Tecnología

On January 26, 2023, Vencora acquired information technology company Quarzo Tecnología

Acquisition Highlights
  • This is Vencora’s 1st transaction in the Information Technology sector.
  • This is Vencora’s 1st transaction in Costa Rica.

M&A Deal Summary
Date 2023-01-26
Target Quarzo Tecnología
Sector Information Technology
Buyer(s) Vencora
Deal Type Add-on Acquisition

Target

Quarzo Tecnología

San José, Costa Rica
Quarzo Tecnología is a provider of software solutions for employee associations, savings funds, mutual funds and cooperatives in Central America. Quarzo’s software (CODEAS) is a robust and integrated solution, with more than 55 modules focused on automating and controlling administrative, financial, accounting and customer service functions for its customers. Quarzo Tecnología was founded in 1995 and is based in San José, Costa Rica.

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Buyer(S) 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 STATS #
Overall 1 of 4
Sector: Information Technology M&A 1 of 2
Type: Add-on Acquisition M&A Deals 1 of 4
Country: Costa Rica M&A 1 of 1
Year: 2023 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-02-22 Crealogix

Zurich, Switzerland

Crealogix is an independent Swiss software provider that develops and implements innovative Fintech solutions for the electronic banking of tomorrow. Using Crealogix solutions, banks can react to evolving customer needs in the area of e-banking, enabling them to hold their own in a very demanding and dynamic market and to remain one step ahead of their competitors. Crealogix is based in Zurich, Switzerland.

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