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Announced

Completed

Imaging Business Machines completed the acquisition of the IntelliScan smart scanning solutions of Exela Technologies.

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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Private

Domestic

Completed

United States

digitization solutions

Digital Services

Acquisition

Majority

Friendly

Single Bidder

Synopsis

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Imaging Business Machines, a digitization and intelligent document processing solutions provider, completed the acquisition of the IntelliScan smart scanning solutions of Exela Technologies, a business process automation company. Financial terms were not disclosed. "I am pleased to welcome the team from Exela and excited to add Exela's high-volume scanner products to ibml's market-leading portfolio of solutions. The additional expertise and offerings will provide our customers with a more diverse portfolio of best in class high volume intelligent scanning solutions, and the ability to bring greater innovation to their document intensive business processes," Martin Birch, ibml CEO.

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