D+H closes $1.25 bln acquisition of GTCR-backed Fundtech

D+H Corp (TSX: DH) has completed its previously announced acquisition of Fundtech Ltd, a U.S. provider of transaction banking software and services. The deal, which the Toronto-based D+H believes will solidify its position as a global financial technology provider, had a total value of US$1.25 billion. Fundtech was previously backed by U.S. private equity firm GTCR, which bought the company in 2011.

30 April 2015•4 mins read
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