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ACI Worldwide and Motive Partners are in negotiations

March 17, 2023
minute read

ACI Worldwide Inc., a provider of payments software, is being considered for acquisition by Motive Partners, a private equity group with a fintech focus.

Motive has been looking for funding recently for a prospective transaction for ACI. In light of the current instability in the banking and financial markets, the persons further stated that no agreement has been reached and that further conversations may fail. Alternatively, ACI can decide to sell to a different buyer.

Motive and ACI representatives declined to comment.

ACI, a company that has long been a target for acquisition, is reportedly collaborating with a financial advisor to elicit acquisition offers. According to the company's website, it provides banks, merchants, and other clients with a variety of payment services, including a platform for managing in-person transactions and fraud-detection services.

This week saw a resurgence of take-private deals, including several long-simmering situations. Financial sponsors announced their acquisition of Qualtrics International Inc., Univar Solutions Inc., Cvent Holding Corp., and Momentive Global Inc.

Motive invests across technology-enabled financial and business services in North America and Europe under the direction of managing partner Rob Heyvaert and chairman Jeff Yabuki. Blythe Masters, a former executive of JPMorgan Chase & Co., is one of the company's founding partners.

In 2021, Motive and Apollo Global Management Inc. formed a strategic and financial cooperation.

In 2019, Dun & Bradstreet, a provider of financial data, was taken private. Motive was a member of the investment group that made that investment.

Adan Harris
Managing Editor
Eric Ng
John Liu
Editorial Board
Bryan Curtis
Adan Harris
Managing Editor
Cathy Hills
Associate Editor

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