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Update: IT Services M&A Update – August, 2019

August, 2019

In 2019 YTD, strategic buyers accounted for 100% of IT Services M&A activity; during 2018, strategic buyers accounted for approximately 90% of the transactions.

Select recent notable publicly announced M&A transactions:

– Intercontinental Exchange acquires Simplifile for $335 million.

– Fidelity National Information Services acquires Worldpay for $43.6 billion.

– Mastercard Incorporated acquires Trans-Fast Remittance for $450 million.

– Juniper Networks acquires Mist Systems for $405 million.

– ACI Worldwide acquires SpeedPay for $750 million.

– CACI acquires LGS Innovations for $750 million.

– Repay Holdings Corporation acquires Hawk Parent Holdings for $643 million.

– Fiserv acquires First Data Corporation for $41.8 billion.

– CVC Capital Partners acquires ConvergeOne Holdings for $1.7 billion.