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New Deal


Announced

Nordic Capital to invest in Zafin.

Financials

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

Tags

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Acquisition

Private Equity

Cross Border

Majority

Pending

software development

software-as-a-service

Software

Canada

Private

Single Bidder

Friendly

Synopsis

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Nordic Capital, a private equity firm, agreed to invest in Zafin, a provider of SaaS core modernization and transformation solutions for financial institutions around the world. Financial terms were not disclosed. "This partnership is an absolute game-changer for the Zafin team and our customers. We have been powering the modernization and transformation of banks and future-proofing their banking technology investments for years. With Nordic Capital’s scale, technology expertise, and deep market understanding, this partnership enables us to become a global leader in banking technology solutions," Al Karim Somji, Zafin CEO.

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