ieDigital (Parabellum-backed) Acquires AI fintech provider ABAKA
January 30, 2024
Parabellum Investments-backed ieDigital has acquired ABAKA, an AI-driven recommendation engine for financial services that personalizes product offers for banking customers. The add-on strengthens ieDigital’s AI and personalization capabilities and will be integrated alongside earlier acquisition Connect FSS to form a combined group while retaining separate brand identities.
- Buyers
- ieDigital, Parabellum Investments
- Targets
- ABAKA
- Platforms
- ieDigital
- Industry
- AI & Machine Learning
- Location
- England, United Kingdom
- Transaction Type
- Addon
Explore More
Related Acquisitions
-
Parabellum-backed ieDigital Acquires Connect FSS
October 12, 2023
Cloud & SaaS
ieDigital has acquired US-based digital banking SaaS provider Connect FSS to form the ieDigital Group and accelerate international growth. The deal, led by Parabellum Investments (the family office of Rami Cassis), will keep Connect FSS as a standalone brand and aims to expand ieDigital's US footprint and product capabilities for banks and credit unions; terms were not disclosed.
-
Accordion Acquires ABACI
August 4, 2022
Consulting
Accordion, a private equity-focused financial and technology consulting firm, acquired ABACI, an ERP and EPM consultancy specializing in NetSuite and Adaptive Planning. The acquisition adds 36 professionals, expands Accordion's CFO Technology practice and establishes a formal Atlanta office to enhance ERP/EPM and finance-technology capabilities for PE-backed CFOs and portfolio companies.
-
DigitalNet.ai Launches After Acquiring Harmonic AI, Zillion Technologies and Axis Group
October 8, 2025
AI & Machine Learning
DigitalNet.ai, formed by technology entrepreneur Dr. Ken Bajaj in partnership with Ulysses Management, launched as an enterprise AI solutions provider following the acquisitions of Harmonic AI, Zillion Technologies and Axis Group. The new, PE-backed company combines a proprietary JanusAI agentic platform with data analytics, digital transformation and cybersecurity capabilities to serve commercial and government clients.
-
Exabeam Acquires / Merges with LogRhythm to Create AI-Driven Security Operations Platform
July 17, 2024
Cybersecurity
Exabeam and LogRhythm have completed a merger that combines Exabeam's AI-driven security operations platform with LogRhythm's high-integrity data ingestion and SIEM capabilities. The combined company will operate under the Exabeam name and pursue an integrated product roadmap to deliver cloud-native and on-premises SIEM, UEBA, and automated TDIR capabilities to enterprise customers.
-
Bain & Company Acquires PiperLab
March 16, 2024
AI & Machine Learning
Bain & Company has acquired Madrid-based PiperLab, a provider of AI and machine learning solutions, to strengthen Bain's Advanced Analytics Group (AAG) and scale its technology and analytics capabilities across EMEA. PiperLab, founded in 2015, will form part of Bain’s AAG ecosystem and help deliver data-driven solutions to clients across industries including insurance, telecoms, utilities and logistics.
-
Applied Insight (The Acacia Group-backed) Acquires Digital Age Experts (DAE)
August 1, 2019
Cloud & SaaS
Applied Insight, a government-focused technology services company backed by The Acacia Group, acquired Digital Age Experts LLC (DAE) in a transaction completed in August 2019. The acquisition brings DAE's SHIFT cloud emulation platform and cleared engineering team into Applied Insight to expand its cloud-native development, DevSecOps and air-gapped/cloud emulation capabilities for federal customers.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.