M&A Deal Summary

Wall Street Systems Delaware Acquires Speranza Systems

On April 26, 2010, Wall Street Systems Delaware acquired internet software and services company Speranza Systems

Acquisition Highlights
  • This is Wall Street Systems Delaware’s 1st transaction in the Internet Software and Services sector.
  • This is Wall Street Systems Delaware’s 1st transaction in the United States.
  • This is Wall Street Systems Delaware’s 1st transaction in Maine.

M&A Deal Summary

Date 2010-04-26
Target Speranza Systems
Sector Internet Software and Services
Buyer(s) Wall Street Systems Delaware
Deal Type Add-on Acquisition

Target

Speranza Systems

Portland, Maine, United States
website
Speranza Systems, Inc. is a provider of a web-based platform for administering bank relationship and signatory/authorization management.

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Buyer(S) 1

Buyer

Wall Street Systems Delaware

New York, New York, United States

website


Category Company
Sector Financial Services
DESCRIPTION

Wall Street Systems Delaware, Inc. provides integrated workflow, control, and productivity solutions for corporate treasury, bank treasury, central banking, forex (FX) trading, and back office operations.


DEAL STATS #
Overall 2 of 2
Sector (Internet Software and Services) 1 of 1
Type (Add-on Acquisition) 2 of 2
State (Maine) 1 of 1
Country (United States) 1 of 1
Year (2010) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-06-01 Trema Group

London, United Kingdom

Trema Group is a provider of treasury and asset management software to corporations and financial institutions worldwide. Trema’s deep domain knowledge in treasury and award winning products are setting new standards for the industry by providing measurable value to its clients. Trema offers two distinct solutions tailored to respond to the varied needs of today’s treasuries.

Buy -