One Equity Partners Completes Sale of Dragonfly Financial Technologies to FIS
ACI Worldwide, Inc. (ACIW)
Last aci worldwide, inc. earnings: 8/8 06:00 am
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Source: Business Wire
NEW YORK--(BUSINESS WIRE)--One Equity Partners (“OEP”), a middle market private equity firm, today announced it has completed its sale of Dragonfly Financial Technologies (“Dragonfly” or “the Company”), a digital business banking and cash management solutions provider, to FIS, a global leader in financial technology. Financial terms of the transaction were not disclosed.OEP carved the ACI Digital Business Banking Solutions unit out of parent company ACI Worldwide (NASDAQ: ACIW) in September 2022 and rebranded the independent Company as Dragonfly Financial Technologies.The Dragonfly digital business banking platform was designed to meet the demanding standards of financial institutions supporting the largest and most complex businesses for cash management. Its digital business banking offerings serve over 1.4 million businesses and their banks, including four of the top 10 largest banks in the U.S. Dragonfly also has a strong client presence with tier one banks in the Asia Pacific
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- 12/6/24 - Form 4
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