EveryMatrix Acquires FSB Technology from Clairvest

EveryMatrix Completes Offer to Acquire Fantasma Games

October 11, 2024

Software

EveryMatrix Software Limited completed its recommended public cash offer to acquire all shares in Fantasma Games AB (publ), paying SEK 59 per share. The offer was accepted during the acceptance period and EveryMatrix now owns 95.19% of Fantasma, with settlement expected to commence around 18 October 2024.

FIS Acquires Dragonfly Financial Technologies from One Equity Partners

May 11, 2024

Payments & Fintech

FIS has completed the acquisition of Dragonfly Financial Technologies, a digital business banking and cash management solutions provider, from One Equity Partners. Financial terms were not disclosed; Dragonfly — carved out from ACI Worldwide by OEP in 2022 — serves over 1.4 million businesses and a number of tier-one banks across the U.S. and Asia Pacific.

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.

FIS Acquires Payrix from PSG and Blue Star Innovation Partners

February 13, 2022

Payments & Fintech

FIS has acquired Payrix, an embedded payments fintech that enables SaaS platforms to embed payments and financial services for SMB merchants. Payrix was sold by an investor group led by PSG (Providence Strategic Growth) and Blue Star Innovation Partners; terms were not disclosed. The deal expands FIS's embedded payments, onboarding and automated underwriting capabilities to accelerate its e-commerce and platform offerings for SMBs.

Clairvest Makes £23M Growth Equity Majority Investment in FSB Technology

July 29, 2019

Cloud & SaaS

Clairvest Group Inc., through its Clairvest Equity Partners V fund, made a £23 million growth equity majority investment in FSB Technology (UK) Ltd., a London-based B2B sports betting and iGaming SaaS provider. The capital will support FSB’s aggressive growth plan and expansion into new regulated sports betting markets, with the investment potentially increasing by up to £4 million subject to certain conditions.

Arena Investors Acquires FST Technical Services from Caymus Equity

February 8, 2019

Industrial Services

Arena Investors, L.P. acquired FST Technical Services, Inc. from Caymus Equity Partners; the sale closed on February 8, 2019. FST, headquartered in Gilbert, Arizona, is a provider of outsourced technical services — including QA/QC, analytical testing, equipment services and technical staffing — serving semiconductor, microelectronics and biopharmaceutical customers.