MIAMI–(BUSINESS WIRE)–ACI Worldwide (NASDAQ: ACIW), the worldwide chief in mission-critical real-time cost software program, introduced a definitive settlement to divest its company on-line banking options to One Fairness Companions (“OEP”), a center market non-public fairness agency. Marketed as ACI Digital Enterprise Banking, the main expertise platform offers options for industrial and enterprise banking prospects by an API-driven interface.
The divestment aligns with ACI’s three-pillar technique – match for development, targeted on development and step-change worth creation – aimed toward short- and long-term shareholder worth creation.
“Our efforts to speed up natural development are firmly on monitor, and we at the moment are making progress on the third pillar, step-change worth creation by M&A. The divestment is consistent with our dedication to repeatedly overview the corporate’s portfolio to maximise shareholder worth,” mentioned Odilon Almeida, president and CEO of ACI Worldwide.
“We’re happy to have discovered a powerful and strategically pushed firm to take our company on-line banking options to the following stage. It permits ACI to higher deal with serving our prospects by increasing our core software program portfolio to drive real-time funds globally and leverage the complete advantages of cloud-native expertise,” mentioned Odilon Almeida, president and CEO of ACI Worldwide.
ACI is shaping the following part of its business management by innovating its real-time funds platform to assist prospects, together with main companies, monetary establishments, fintechs and complex retailers, modernize, compete and win. The corporate is including wealthy performance, leveraging the newest cloud-native rules to hurry time to market and deploying a number of fashions, together with SaaS-led choices.
The transaction consists of workers, buyer contracts, expertise belongings and mental property. OEP will purchase ACI’s company on-line banking options for $100 million in money. ACI will replace monetary steering when the transaction closes and expects the timing to be in Q3 2022.
About ACI Worldwide
ACI Worldwide is a world chief in mission-critical, real-time funds software program. Our confirmed, safe and scalable software program options allow main companies, fintechs, monetary disruptors and retailers to course of and handle digital funds, energy omni-commerce funds, current and course of invoice funds, and handle fraud and danger. We mix our world footprint with an area presence to drive the real-time digital transformation of funds and commerce.
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ACI, ACI Worldwide, ACI Funds, Inc., ACI Pay, Speedpay and all ACI product/answer names are emblems or registered emblems of ACI Worldwide, Inc., or one in all its subsidiaries, in the US, different international locations or each. Different events’ emblems referenced are the property of their respective house owners.
About One Fairness Companions
One Fairness Companions (“OEP”) is a center market non-public fairness agency targeted on the commercial, healthcare, and expertise sectors in North America and Europe. The agency builds market-leading firms by figuring out and executing transformative enterprise combos. OEP is a trusted companion with a differentiated funding course of, a broad and senior workforce, and a longtime monitor report producing long-term worth for its companions. Since 2001, the agency has accomplished greater than 300 transactions worldwide. OEP, based in 2001, spun out of JP Morgan in 2015. The agency has places of work in New York, Chicago, Frankfurt and Amsterdam. For extra info, please go to www.oneequity.com.