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New Deal


Announced

Completed

Zafin completed the acquisition of FINCAD.

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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Single Bidder

Completed

Acquisition

Canada

Diversified Financials

Domestic

risk analytics

Majority

Friendly

Private

Synopsis

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Zafin, a SaaS cloud-native product and pricing platform for banks and credit unions, completed the acquisition of FINCAD, a provider of pricing and risk analytics of financial derivatives and fixed income products. Financial terms were not disclosed. For Zafin, the acquisition is a key milestone in the company’s history as they will now be able to offer pricing and advanced analytics solutions to institutions across all segments of banking, including retail, corporate and commercial, and capital markets – a key differentiator in the marketplace. As a result of the transaction, FINCAD will operate as the Capital Markets Group of Zafin under the established FINCAD brand.

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