.
MergerLinks Header Logo

Announced

Completed

Stefanini Group-backed Topaz Venture completed the acquisition of a majority stake in Cobiscorp.

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Single Bidder

Completed

United States

software solutions

Cross Border

Private

Software

Majority

Friendly

Acquisition

Private Equity

Synopsis

Edit

Stefanini Group-backed Topaz Venture, a private equity firm, completed the acquisition of a majority stake in Cobiscorp, a banking software platform. Financial terms were not disclosed. "We are very excited about the opportunities generated by teaming with Topaz, as they will catalyze our ability to enhance the development of our employees, expand our product and service offering, serve our customers better, and venture into new markets. Our companies and their solution sets are synergistic; they will enable us to equip financial institutions with more agility and efficiency, accelerating their transformation and adding real value to their network of businesses and customers," William Moss, Cobiscorp CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US