Advised Meritsoft, a leading provider of intelligent software solutions to global capital markets participants, on its sale to Cognizant
Arma Partners is pleased to announce that it has acted as exclusive financial advisor to Meritsoft on its sale to Cognizant (Nasdaq: CTSH), one of the world’s leading professional services companies, transforming clients’ business, operating and technology models for the digital era.
Headquartered in Ireland, Meritsoft is a leading provider of intelligent software solutions to global capital markets participants, enabling clients to automate post-trade processes, increase efficiency and comply with increasingly stringent regulatory requirements.
Meritsoft’ founders, Kerril Burke & Paul Burke, were backed by Synova Capital, Randall Winn of 22C Capital and Non-Executive Chairman Peter Little.
The sale of Meritsoft reinforces Arma Partners’ ability to deliver successful, high-value outcomes on sales of European headquartered businesses to US strategic buyers and highlights our expertise in capital markets software.