HCL Technologies to Acquire Confinale AG

HCLTech to Acquire Finergic Solutions Pte Ltd

January 23, 2026

IT Services

HCLTech signed a definitive agreement to acquire Finergic Solutions Pte Ltd, a Singapore-headquartered boutique wealth consulting firm. The deal is expected to close by April 30, 2026 and will expand HCLTech’s digital transformation capabilities for wealth management in the financial services industry.

NEC Corporation Acquires Avaloq from Warburg Pincus

October 4, 2020

Cloud & SaaS

NEC Corporation agreed to acquire 100% of Swiss banking-software provider Avaloq from existing shareholders, including Warburg Pincus, in a transaction valuing Avaloq at CHF 2.05 billion. Avaloq will remain headquartered in Zurich and operate as its own entity while leveraging NEC's research and technology to accelerate innovation in digital banking, SaaS and BPaaS offerings.

Reply to Acquire FINCON Unternehmensberatung GmbH

May 24, 2022

IT Services

Reply has signed an agreement to acquire 100% of FINCON Unternehmensberatung GmbH, a Hamburg-headquartered German consulting firm focused on digital transformation for banks and insurance companies. The deal is subject to German Federal Cartel Office clearance and is expected to close toward the end of June 2022.

Concord Acquires Finley Technologies

March 6, 2026

Financial Services

Concord, a provider of credit administration servicing and software, acquired Finley Technologies, which develops credit facility management software for banks, asset managers, and corporate borrowers. The acquisition adds Finley’s Credit Management System to Concord’s capital markets administration platform to automate borrowing base calculations, covenant monitoring, credit agreement administration, portfolio analytics, and investor reporting.

Agilico (Horizon-backed) Acquires Condor Office Solutions, Systems Technology and CSL Business Machines

January 13, 2020

IT Services

Horizon Capital-backed Agilico has acquired three UK managed print service providers—Condor Office Solutions, Systems Technology and CSL Business Machines—as part of its buy-and-build strategy to consolidate the fragmented MPS market. The acquisitions expand Agilico’s geographic coverage across southern England and the Midlands, complement its Canon and Konica Minolta channel partnerships and support the Group's continued growth as a market-leading managed services provider.

HCL Technologies Acquires Starschema

January 14, 2022

Data & Analytics

HCL Technologies signed a definitive agreement to acquire Starschema, a Budapest-based provider of data engineering services. The strategic acquisition is intended to bolster HCL’s digital engineering capabilities, expand its data engineering capacity, and increase its presence in Central and Eastern Europe.