M&A Deal Summary

Wolters Kluwer Financial Services Acquires PRINGLE - Policy and Procedure Solutions

On December 14, 2011, Wolters Kluwer Financial Services acquired business services company PRINGLE - Policy and Procedure Solutions from Pringle Publications

Acquisition Highlights
  • This is Wolters Kluwer Financial Services’ 2nd transaction in the Business Services sector.
  • This is Wolters Kluwer Financial Services’ 10th transaction in the United States.
  • This is Wolters Kluwer Financial Services’ 1st transaction in Oklahoma.

M&A Deal Summary
Date 2011-12-14
Target PRINGLE - Policy and Procedure Solutions
Sector Business Services
Buyer(s) Wolters Kluwer Financial Services
Sellers(s) Pringle Publications
Deal Type Divestiture

Target

PRINGLE - Policy and Procedure Solutions

Oklahoma City, Oklahoma, United States
PRINGLE - Policy and Procedure Solutions provide customers with even more value by expanding access to industry- PRINGLE compliance policies and procedures content to a larger number of financial institutions.Company offer its ARC Logics customers with direct access to PRINGLE content through the module, which will provide a common, dynamic platform to proactively manage, edit, and update their policies and procedures.

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Buyer(S) 1

Buyer

Wolters Kluwer Financial Services

Minneapolis, Minnesota, United States
Category Company
Sector Information Technology
DESCRIPTION

Wolters Kluwer Financial Services provides more than 15,000 customers worldwide with risk management, compliance, finance and audit solutions that help them successfully navigate regulatory complexity, optimize risk and financial performance, and manage data to support critical decisions. With more than 30 offices in 20 countries, our prominent brands include: FRSGlobal, FinArch, ARC Logics®, TeamMate®, Bankers Systems, VMP® Mortgage Solutions, AppOne®, GainsKeeper®, Capital Changes, NILS®, AuthenticWeb™ and Uniform Forms™.

DEAL STATS #
Overall 13 of 18
Sector (Business Services) 2 of 2
Type (Divestiture) 2 of 2
State (Oklahoma) 1 of 1
Country (United States) 10 of 14
Year (2011) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-10-17 SASGAS

Shanghai, China

SASGAS is a provider of financial reporting software solutions to the foreign and domestic bank market in China. SASGAS specialises in providing financial reporting software solutions to the foreign bank market in China. Company products include software, information consulting and system support service. Established in 2002, SASGAS is based in Shanghai and has its branch offices in Beijing, Guangzhou and Shenzhen, China.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-07-16 FinArch

Merelbeke, Belgium

FinArch is a provider of integrated finance, risk and performance measurement solutions that enable financial institutions to manage, measure and report all financial activities.

Buy -

Seller(S) 1

SELLER

Pringle Publications

Oklahoma City, Oklahoma, United States
Category Company
Sector Business Services
DESCRIPTION

Pringle Publications Corporation, PRINGLE Consulting, and the law firm Pringle & Pringle, a professional corporation, founded by Laura N. Pringle and Lynn A. Pringle, maintain a longtime relationship with the financial industry nationwide and provided services and representation for a large clientele of financial institutions and their affiliates, as well as other businesses. In addition to the creation of the PRINGLE Policy and Procedure Solutions, PRINGLE's extensive regulatory experience and ongoing daily interaction with board members and management places PRINGLE in a position to handle risk management challenges and provide hands-on advice and guidance through consulting and legal services.

DEAL STATS #
Overall 1 of 1
Sector (Business Services) 1 of 1
Type (Divestiture) 1 of 1
State (Oklahoma) 1 of 1
Country (United States) 1 of 1
Year (2011) 1 of 1
Mergr

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