Regulatory News: Tieto (HEX:TIE1V)(STO:TIEN) has signed an agreement to acquire Emric, the Nordic market leader in software and services for credit processing. The acquisition will strengthen
Information on acquisition, funding, cap tables, investors, and executives for Emric. Use the PitchBook Platform to explore the full profile.
Emric has offices in Stockholm, Kalix and Belgrade, with around 200 employees. The acquisition has been completed. The up-front acquisition price, paid in cash at the closing, is based on Enterprise Value (EV) of SEK 300 million. Tieto (HEX:TIE1V)(STO:TIEN) has signed an agreement to acquire Emric, the Nordic market leader in software and services for credit processing.
Tieto har nu åtagit sig att leverera plattformen på bara fyra månader från att avtalet med Nordic Finance slöts. Your guide to a digital future. Digitalization is inevitable, no matter which industry you are in. Rapid advances in technology and disruptive new business models make this process one where continuous learning, innovation and evolution is critical. Sept 1 (Reuters) - Tieto Oyj : * Strengthens its position as a business renewal partner for financial services customers - acquires Emric Tieto will acquire Emric AB www.tieto.com Emric, part of Tieto Group, is a global provider of software solutions for origination and management of virtually any type of loan, mortgage, asset finance and lease.
The up-front acquisition price, paid in cash at the closing, is based on Enterprise Value (EV) of SEK 300 million. 2016-09-01 · Tieto has signed an agreement to acquire Emric, the Nordic market leader in software and services for credit processing. The acquisition will strengthen Tieto’s position as a business renewal Tieto har tecknat avtal om att förvärva Emric, marknadsledaren inom mjukvara och tjänster för kredithantering i Norden.
Regulatory News: Tieto (HEX:TIE1V)(STO:TIEN) has signed an agreement to acquire Emric, the Nordic market leader in software and services for credit processing. The acquisition will strengthen
The up-front acquisition price, paid in cash at the closing, is based on Enterprise Value (EV) of SEK 300 million. Tieto (HEX:TIE1V)(STO:TIEN) has signed an agreement to acquire Emric, the Nordic market leader in software and services for credit processing.
5 Sep 2016 Tieto has acquired Emric, the Nordic market leader in software and services for credit processing. The acquisition will strengthen Tieto's
Acquisition tieto.com, Apps & Services. Tieto Corporation. Quorum Software has announced a merger with fellow Thoma Bravo subsidiary Aucerna, along with the acquisition of Tieto EVRY's Oil and Gas software business The combined organisation will operate as Quorum Software, with Aucerna CEO Wayne Sim joining the board of directors.
The acquisition has been completed. The up-front acquisition price, paid in cash at the closing, is based on Enterprise Value (EV) of SEK 300 million. Emric is a specialist in solutions for credit processing and asset finance software.
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Emric offers software and services related to credit management and had a turnover of MSEK 185 in 2015. The purchase price is based on an enterprise value valuation of MSEK 300. In addition, the parties have agreed on an earn-out based on Emric’s results during 2017 and 2018. Vinge’s team consisted of partners Johan Winnerblad and Daniel
www.tieto.se. Emric är en global leverantör av mjukvarulösningar för skapandet och hanteringen av praktiskt taget alla typer av lån, inteckning, tillgångsfinansiering och leasing. Med över 60 kunder i 24 länder och hantering av finansiella kontrakt i 94 länder utvecklar Emric produkter som är utformade för multinationella förhållanden.
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Tieto expects the Emric acquisition to be accretive to the company’s growth and profit targets as from 2017. Emric has offices in Stockholm, Kalix and Belgrade, with around 200 employees. The acquisition has been completed.
Tieto skriver i ett pressmeddelande att köpet är en del i ambitionen att expandera sina finansiella tjänster, främst inom kreditberedning, utlåning och leasing.