Financial Technologies
The assets of Financial Technologies, Inc., including
have been acquired by
SunGard Investment Management Systems,
a subsidiary of
The undersigned initiated the transaction and advised Financial Technologies, Inc.
Sale to Sungard Systems
Scura Partners built a deep relationship with FTI, including:
- advising on venture capital alternatives;
- assisting FTI in founding the Private Equity Industry Guidelines Group;
- advising FTI in partnership discussions and in business development team strategy.
When FTI was approached by a potential acquirer, our deep understanding of the business allowed us to quickly bring other interested parties to the table, including SunGard.
- The transaction was agreed to at an attractive valuation in a strongly competitive environment.
- The former owners of FTI now have significant liquidity and are able to pursue the growth of their business with the broad support of a leading international public company.
