Windsor Drake
Transaction · Treasury / Cash Management · 2020

IBM / Expertus 2020

IBM acquired Expertus on December 16, 2020.

Target
Expertus
Acquirer
IBM
Announced
December 16, 2020
Sub-sector
Treasury / Cash Management

Transaction overview

  • IBM announced the acquisition of Expertus on December 16, 2020.

Strategic rationale

Expand IBM's cloud-based payments offerings and financial transformation capabilities for banks and financial institutions.

Deal terms & multiples

Deal value
Not disclosed
Target revenue
Not disclosed
Target EBITDA
Not disclosed
EV / Revenue
Not disclosed
EV / EBITDA
Not disclosed
Announcement
December 16, 2020
Acquirer
IBM (Strategic)
Sub-sector
Treasury / Cash Management

Sources

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Other deals by IBM

Primary Event type Counterparty Value Sub-sector Date
Expertus Technologies Transaction IBM Payments December 15, 2020