Deal snapshot: FISERV ACQUIRES BANK PAYMENT, LIQUIDITY MANAGEMENT SOFTWARE PROVIDER DOVETAIL.
Wisconsin, US-based financial services technology solutions provider Fiserv, Inc. (NASDAQ: FISV) has acquired bank payments and liquidity management solutions provider Dovetail Group Ltd. to create a combination for Fiserv to deliver differentiated value for financial institutions, the company said.
The company said the acquisition enables Fiserv to help financial institutions transform their payments infrastructure to meet the evolving needs of wholesale, commercial and retail customers. Dovetail payments platform provides the foundation for Fiserv to offer financial institutions a broader range of solutions and services.
Sector: Banking/Financial Services
Target: Dovetail Group Ltd
Buyer: Fiserv, Inc
Deal size in USD:
Type: Corporate Acquisition
Buyer advisor: , ,
Comment: Terms of the deal were not disclosed
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|Publication:||M & A Navigator|
|Date:||Aug 22, 2017|
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