Transaction · BaaS · 2020

Sopra Steria / Fidor Solutions 2020

Sopra Steria acquired Fidor Solutions on November 18, 2020.

Target
Fidor Solutions
Acquirer
Sopra Steria
Announced
November 18, 2020
Sub-sector
BaaS

Transaction overview

  • Sopra Steria announced the acquisition of Fidor Solutions on November 18, 2020.
  • The deal is expected to close pending customary conditions.

Strategic rationale

Acquisition enhances Sopra Banking Software's digital solutions and digital banking engagement platform capabilities for banks.

Deal terms & multiples

Deal value
Target revenue
Target EBITDA
EV / Revenue
EV / EBITDA
Announcement
November 18, 2020
Acquirer
Sopra Steria (Strategic)
Sub-sector
BaaS

Frequently asked questions

When did Sopra Steria announce the acquisition of Fidor Solutions?

Sopra Steria announced the acquisition of Fidor Solutions on November 18, 2020.

What sub-sector is Fidor Solutions in?

Fidor Solutions is tracked in the BaaS sub-sector.

Sources