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New Deal


Announced

Completed

iPipeline completed the acquisition of IFS.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Private

Single Bidder

Completed

Friendly

Software

Acquisition

Majority

Domestic

service request automation solutions

Synopsis

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iPipeline, a provider of cloud-based software solutions for the life insurance and financial services industry, completed the acquisition of Impact Financial Systems, a provider of service request automation solutions for client onboarding, asset movement, maintenance and advisor transitions. Financial terms were not disclosed. “The acquisition positions iPipeline to offer next-generation low code/no code products to Financial Institutions, Broker-Dealers and RIAs along with our AFFIRM, iGO e-App and Laser App products to substantially expand the advisor tools in our SSG Digital platform. Their workflow engine is second to none in the industry and contributes in a huge way to ensuring the necessary suitability reviews have taken place for compliance. I am excited to welcome Tim and his team to iPipeline,” Larry Berran, iPipeline CEO.

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