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New Deal


Announced

Constellation Software-backed Vencora to acquire CREALOGIX for CHF84.3m.

Financials

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Transaction Value£76m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium27%
One Off Charge-

Tags

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Switzerland

fintech

FinTech

Acquisition

Cross Border

Majority

Public

Tender Offer

Pending

Friendly

Single Bidder

Synopsis

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Constellation Software-backed Vencora, a group of fast growing financial services companies focused on growth, opportunity and support, offered to acquire CREALOGIX, a fintech company, for CHF84.3m. There is a good fit between Vencora and CREALOGIX. Both companies have a values-based culture with a continuous focus on investing in their employees, an international footprint, a history of acquisition of companies for the long-term, and a wealth of experience in the acquisition of software companies in the banking and financial services sector. Constellation Software Inc. has broad experience of over 25 years in the software business and a portfolio of over 1,2k software companies.

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