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  6. World Acceptance Acquires ParaData Financial Systems

M&A Deal Summary

World Acceptance Acquires ParaData Financial Systems

On April 6, 1993, World Acceptance acquired software company ParaData Financial Systems

Acquisition Highlights
  • This is World Acceptance’s 1st transaction in the Software sector.
  • This is World Acceptance’s 1st transaction in the United States.
  • This is World Acceptance’s 1st transaction in Missouri.

M&A Deal Summary
Date 1993-04-06
Target ParaData Financial Systems
Sector Software
Buyer(s) World Acceptance
Deal Type Add-on Acquisition

Target

ParaData Financial Systems

Chesterfield, Missouri, United States
ParaData Financial Systems, Inc. is a creator of a proprietary software for administering consumer loans. ParaData’s Loan Manager Software offers a comprehensive data processing package for all types of consumer leading operations.

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Buyer(S) 1

Buyer

World Acceptance

Greenville, South Carolina, United States
Category Company
Founded 1962
Sector Financial Services
Employees2,872
Revenue 525M USD (2024)
DESCRIPTION
Entrance to World Acceptance Corporation's headquarters in Greenville, South Carolina.
Entrance to World Acceptance Corporation's headquarters in Greenville, South Carolina.

World Acceptance is a small-loan consumer finance company. World Acceptance was founded in 1962 and is based in Greenville, South Carolina.

DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Missouri M&A 1 of 1
Country: United States M&A 1 of 1
Year: 1993 M&A 1 of 1
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