BNY agreed to acquire asset management solutions firm Archer. “Managed accounts are one of the fastest-growing investment vehicles in the asset management industry, enabling investment advisors and asset managers to offer customized portfolios to retail investors at scale,” Emily Portney, global head of asset servicing...
Paylocity plans to create a consolidated platform for all business-related spend by acquiring Airbase. The planned acquisition will add Airbase’s finance and spend management software solution to Paylocity’s human resources (HR) and payroll software platform, Paylocity said in a Wednesday (Sept. 4) press release. Subject...
Health insurance marketplace GoHealth has inked an agreement to buy Medicare-focused e-TeleQuote. The acquisition is expected to close Sept. 30, GoHealth said in a Wednesday (Sept. 4) news release. The company called the acquisition a “significant milestone in GoHealth’s mission to deliver unparalleled consumer-centric solutions...
Salesforce is acquiring Tenyx, the latest sign of the company’s growing artificial intelligence ambitions. The customer relationship management company will use Tenyx’s expertise in developing AI-powered voice agents to advance its own AI solutions, according to a Tuesday (Sept. 3) press release. “Upon close of...
Ncontracts has enhanced its third-party risk management expertise by acquiring Venminder. This acquisition will add Venminder’s unified platform for managing third-party risk to Ncontracts’ integrated compliance, risk and vendor management solutions for the financial services industry, the companies said in a Wednesday (Sept. 4) press...
Open banking platform Tarabut has acquired British account-to-account (A2A) business payments platform Vyne. The deal, announced Tuesday (Sept. 3), is designed to strengthen Tarabut’s ability to offer faster and more accessible and interconnected financial services in the Middle East/North Africa (MENA) region and around the world. According to a news...
Digital sports entertainment and gaming company DraftKings plans to enhance its in-play betting offering by acquiring Simplebet. The proposed transaction has been approved by the boards of directors of both companies but is subject to the receipt of required gaming regulatory approvals and other customary...
Vista Equity Partners is in funding discussions for its purchase of software firm Jaggaer. The firm is talking with Wall Street banks and direct lenders in hopes of getting roughly $1 billion of debt financing, Bloomberg reported Tuesday (Aug. 27). Vista has not decided what...
Apollo Global Management and BlackRock are reportedly considering providing debt financing for a merger of Amazon aggregators Branded and Heyday. Branded is in talks to acquire Heyday in exchange for $521 million in equity in a new company, Essor, that would be worth more than...
