Windsor Drake
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.

Strategic rationale

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

Deal terms & multiples

Deal value
Not disclosed
Target revenue
Not disclosed
Target EBITDA
Not disclosed
EV / Revenue
Not disclosed
EV / EBITDA
Not disclosed
Announcement
November 18, 2020
Acquirer
Sopra Steria (Strategic)
Sub-sector
BaaS

Sources

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