The Situation
ieDigital, a portfolio company of Parabellum Investments, is a major player in the UK fintech market, providing digital software solutions for over 50 financial services businesses. The company sought to acquire a US-based digital banking provider to accelerate ieDigital’s growth and cement their position as a leading UK fintech player with international market reach.
Our Services
Dinan & Company worked with ieDigital to define acquisition criteria and objectives. An initial list of 1,426 potential targets were identified and contacted on behalf of the company. Dinan presented 58 interested targets to ieDigital, set up 24 meetings, and helped ieDigital present 8 offers to interested sellers.
Our Results
ieDigital acquired Connect FSS, a leading digital banking provider in the United States. Both companies operate with complementary technology, allowing clients to benefit from both organizations' software.
Learn More
Connect with Dinan & Company Managing Director, International Business, Mohit Mehta for further insight on this transaction.
