Linedata acquires capital stream
CapitalStream was acquired by Linedata Services SA on March 22, 2013. Join Mergr to view all 306 acquisitions of information technology companies in 2013, including 45 acquisitions by private equity firms, and 261 by strategics. Out of 60 sectors in the Mergr database, information technology ranked 5 in number of deals in 2013.Mar 22, 2013 NeuillysurSeine, France, 22 March 2013 Linedata, the global solutions provider for the investment management and credit finance communities, has finalised its acquisition of the CapitalStream business and launched a strategic partnership with HCL Technologies Ltd. CapitalStream is the market leading loans origination platform for commercial banks and equipment finance linedata acquires capital stream
Linedata has agreed to acquire HCL Technologies' CapitalStream business and enter into a strategic partnership with HCL Technologies Ltd. The transaction is expected to close before the end of Q1 2013 and involves Linedata acquiring all the assets and associated liabilities for a sum of 45 million.