FIS Acquires Dragonfly Financial Technologies from One Equity Partners
May 11, 2024
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.
- Buyers
- FIS
- Targets
- Dragonfly Financial Technologies
- Sellers
- One Equity Partners
- Industry
- Payments & Fintech
- Location
- Florida, United States
- Transaction Type
- Buyout
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