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New Deal


Announced

Completed

Corsair completed the acquisition of a 30% stake in Xceptor from Astorg.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For30%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Minority

Software

software development

United Kingdom

Private Equity

Private

Acquisition

Friendly

Cross Border

Single Bidder

Completed

Synopsis

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Corsair, a private equity firm targeting services, software, and payments investments in financial services, completed the acquisition of a 30% stake in Xceptor, a global provider of end-to-end, no-code automation software, from Astorg Partners, a global private equity firm. Financial terms were not disclosed. “Having discussed our strategic priorities at length with Andrew and the team over the last few months, we are truly excited to welcome Corsair as a partner. We are convinced that the combination of Astorg and Corsair will help further accelerate Xceptor’s trajectory, particularly in the U.S., which is a priority market. The Corsair team has a great financial services pedigree and deep sector relationships, and we look forward to working closely with them to deliver on our ambitious plan,” François de Mitry and Jonas Samlin, Astorg Managing Partner and Director & Head of European Software.

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