M&A Deal Summary

Vencora Acquires Seriva

On March 5, 2024, Vencora acquired software company Seriva

Acquisition Highlights
  • This is Vencora’s 2nd transaction in the Software sector.
  • This is Vencora’s 1st transaction in Ecuador.

M&A Deal Summary

Date 2024-03-05
Target Seriva
Sector Software
Buyer(s) Vencora
Deal Type Add-on Acquisition

Target

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.

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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 3 of 4
Sector: Software M&A 2 of 2
Type: Add-on Acquisition M&A Deals 3 of 4
Country: Ecuador M&A 1 of 1
Year: 2024 M&A 2 of 2
PREVIOUS 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.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-05-05 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.

Buy -