Berkery Noyes, the leading independent investment bank specializing in the information content and technology industries, today released its Half Year Mergers and Acquisitions Trends Report for the Financial Technology and Information Industry.
The report analyzes merger and acquisition activity in the Financial Technology and Information market over the first half of 2011 and compares it with activity in the four previous sixth-month periods. This market includes information and technology companies in capital markets, payments, banking, insurance and other related professional financial services.
Berkery Noyes data shows that while total transaction volume for the period remained largely unchanged, transaction value nearly tripled, jumping from $7.0 billion in 2nd Half 2010 to $19.5 billion this period. The 187 percent increase can be attributed primarily to Deutsche Börse Group’s announced merger with NYSE Euronext for $12.4 billion.
Fiserv, Inc., a leading provider of financial technology solutions, was the most active acquirer in 1st Half 2011, with four purchases: CashEdge, Inc., Credit Union On-Line, Inc., Mobile Commerce Ltd, and Maverick Network Solutions.
For the full two-and-a-half period covered by the report, Morningstar, Inc., was the sector’s most active acquirer. The investment research and financial news provider made nine acquisitions.
Unique among investment banking firms, Berkery Noyes combines independent strategic research and industry intelligence with senior information technology banking expertise. Long having been an innovator in database and research technology in M&A, Berkery Noyes has committed itself to providing more expansive and more current information on the acquisition activity in their respective sectors.
A copy of the First Half 2011 Financial Technology and Information Industry M&A Report is available at the Berkery Noyes website.
About Berkery Noyes
Berkery Noyes is an independent investment banking advisory firm servicing the information industry. Focused on middle-market corporations and financial sponsors, Berkery Noyes is committed to delivering a comprehensive array of industry-leading advisory services. Since its founding by Joseph W. Berkery in 1983, the firm has worked with corporate clients to grow through acquisition, divest non-core assets, and maximize shareholder returns through strategic transactions and restructurings. For private owners, Berkery Noyes helps create liquidity and execute timely exit strategies that achieve the personal and professional objectives. For more information, visit www.berkerynoyes.com.