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aurionPro Solutions Limited (BSE:532668) Transaction Details > Merger/Acquisition


Deal Overview Consideration Details Deal Timeline Transaction Quick Comps
Merger/Acquisition Add to List | Edit Transaction | Find Similar Transactions

Currency: British Pound  Go Exchange Rate = 0.011

Deal Summary
Primary Transaction
Status Effective Acquisition of Equity Stake
Feature
Announced Date Jul-01-2013 Bid Made Date -
Letter of Intent Date - Effective Date Sep-13-2013
Definitive Agreement Date Jul-01-2013 Closed Date -
CIQ Transaction ID IQTR242306304 Cancelled Date -

Sell-side Participants
Company Name: E2E Infotech Limited Primary Industry: Application Software
Headquarters: United Kingdom
Buy-side Participants
Buyer Company: CameronTec Intressenter AB
Deal Values
Total Consideration to Total Transaction Size (£
- -
Shareholders (£ mm) mm)
Implied Equity Value (£ Implied Enterprise Value
- -
mm) (£ mm)
Implied Enterprise Implied Enterprise
- -
Value/LTM Revenue Value/NTM Revenue
Implied Enterprise Implied Enterprise
- -
Value/LTM EBITDA Value/NTM EBITDA
Implied Enterprise Implied Enterprise
- -
Value/LTM EBIT Value/NTM EBIT
Implied Equity Value/LTM
- Offer Price/NTM Earnings -
Net Income
Implied Equity Value/Book Offer Price/Forward Book
- -
Value Value

Synopsis
Comments
CameronTec Intressenter AB signed definitive agreement to acquire E2E Infotech Limited from aurionPro Solutions Limited
(BSE:532668) on July 1, 2013. The closing of the transaction is subject to the completion of closing conditions and
applicable regulatory approvals. E2E Infotech Limited had total assets of INR 126 million as of March 31, 2013. The
transaction was approved by Board of Directors of aurionPro Solutions Limited. PricewaterhouseCoopers acted as financial
advisor for CameronTec.
Deal Resolution
CameronTec Intressenter AB completed the acquisition E2E Infotech Limited from aurionPro Solutions Limited
(BSE:532668) effective September 13, 2013.

Advisors
Advisor Name Client Name Role Fee(£) Fee Percentage (%)
PricewaterhouseCoopers AB, Investment Banking CameronTec Intressenter Financial - -
Arm AB Advisor

Transaction Details
Features
Cross-Border, Corporate Divestiture, Terms Not Disclosed
Deal Conditions
Approval by Regulatory Board / Committee; Approval of Merger Agreement by Target Board / Shareholders

Response to Conditions
Approval by Board (Majority)

Change of Control Yes Deal Approach Unsolicited

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Minority/Majority Stake Majority Deal Attitude Friendly


Accounting Method Purchase Acquisition Special Committee -
Sell-side Termination Fee Sell-side Termination Fee
- -
(£ mm) (%)
Buy-side Termination Fee Buy-side Termination Fee
- -
(£ mm) (%)

Consideration Summary
Consideration Type
Unknown
Offered Current/Final
Date Jul-01-2013 Date Sep-13-2013

Exchange Rate 0.011 Exchange Rate 0.010


Consideration to Consideration to
- -
Shareholders (£ mm) Shareholders (£ mm)
Offer Per Share (£ ) - Offer Per Share (£ ) -
Total Cash (£ mm) - Total Cash (£ mm) -
Total Stock (£ mm) - Total Stock (£ mm) -
Total Preferred (£ mm) - Total Preferred (£ mm) -
Total Debt (£ mm) - Total Debt (£ mm) -
Total Hybrid (£ mm) - Total Hybrid (£ mm) -
Total Total
Rights/Warrants/Options - Rights/Warrants/Options -
(£ mm) (£ mm)

Transaction Values
Offered Current/Final
Exchange Rate 0.011 Exchange Rate 0.010
Consideration to Consideration to
- -
Shareholders (£ mm) Shareholders (£ mm)
Other Consideration (£ Other Consideration (£
- -
mm) mm)
Total Earnouts (£ mm) - Total Earnouts (£ mm) -
Total Total
Rights/Warrants/Options - Rights/Warrants/Options -
(£ mm) (£ mm)
Net Assumed Liabilities (£ Net Assumed Liabilities (£
- -
mm) mm)
Adjustment Size (£ mm) - Adjustment Size (£ mm) -
Total Net Transaction Total Net Transaction
- -
Value (£ mm) Value (£ mm)
Total Cash & Short Term Total Cash & Short Term
- -
Investments (£ mm) Investments (£ mm)
Total Gross Transaction Total Gross Transaction
- -
Value (£ mm) Value (£ mm)

% Sought 100.0% % Sought/Acquired 100.0%


Implied Enterprise Value Implied Enterprise Value
- -
(£ mm) (£ mm)
Implied Equity Value (£ Implied Equity Value (£
- -
mm) mm)

Related Transactions
Date Target Buyer/Investor Relationship Type Transaction Type
Apr-25- E2E Infotech Limited aurionPro Solutions Limited (BSE:532668) Initial Investment Merger/Acquisition
2007

Target Company Details


E2E Infotech Limited
Company Name: E2E Infotech Limited Primary Industry: Application Software
Website: Headquarters: Greater London, United
Kingdom

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Business Description
E2E Infotech Limited operates as a financial solutions provider which designs and develops capital market software solutions
for traders, brokers, and banks. The company also offers consulting services for the capital markets domains and FIX
Compliant Systems. The company was incorporated in 2000 and is based in London, United Kingdom. As per the transaction
announced on July 1, 2013, E2E Infotech Limited operates as a subsidiary of CameronTec Intressenter AB.

Target LTM Financial Information and Balance Sheet as of: Sep-13-2013 Period Ending: Mar-31-2013 Exchange
Rate = 0.012
Total Revenue (£ mm) - Total Debt (£ mm) -
EBITDA (Incl. Equity Inc.
- Total Preferred (£ mm) -
from Affiliates) (£ mm)
EBIT (Incl. Equity Inc.
- Minority Interest (£ mm) -
from Affiliates) (£ mm)
Total Cash & ST
Net Income (£ mm) - -
Investments (£ mm)
Earnings from Cont. Ops.
- Net Debt (£ mm) -
(£ mm)
Diluted EPS before extra
- Total Assets (£ mm) 1.53
(£ )
Total Common Equity (£
-
mm)

Seller Company Details


aurionPro Solutions Limited (BSE:532668)
aurionPro Solutions Limited
Seller Name: Primary Industry: Application Software
(BSE:532668)
Website: www.aurionpro.com Headquarters: Maharashtra, India
Business Description
Aurionpro Solutions Limited develops software platforms and provides consulting services primarily in India and
internationally. The company provides payments platforms, such as iCashPro product suite, a Web-based cash management
solution for banks; FSCM (financial supply chain management) platform; and Aurionpro Payments Framework that provides
a suite of plug-and-play components to deliver payments solutions to meet needs of payments processors, consumers, and
merchants. It also offers lending systems that comprise Corporate Loan Origination System, a credit risk management
system; SmartLender Retail product suite that assists credit officers with decision making around applications for mortgage,
auto, renovation, and other loans; SmartLender SME, a loan origination system that caters to small and medium sized
enterprises’ financing needs; and SmartLender CLIMS, a central liability solution that helps banks manage and mitigate
credit risks while supporting Basel II requirements. In addition, the company provides retail and corporate Internet and
mobile banking solutions; customer communications management solutions; and SCMProFit, a supply chain management
software for warehousing, freight forwarding, project logistics, manufacturing, distribution, and supplier collaboration and
visibility. Further, it offers Oracle implementation services, such as identity management services, Web center services,
apps services, Oracle-based cloud and mobile solutions, and managed and hosted services. Additionally, the company
provides enterprise IT services comprising information security consulting, enterprise content management and portal
consulting, salesforce.com consulting, mobile app development, outsourced product development, technology consulting,
and process management consulting. Aurionpro Solutions Limited was founded in 1997 and is headquartered in Mumbai,
India.
Company Relationship Information
Prior Subsidiary/Operating
Relationship Type:
Unit
Percent Currently Held
Percent Sold (%): 100.00000 -
(%):
Proprietary Relationship Details
Percent of Funds Invested Return On Investment
(%): - (%): -
(Proprietary Data Only) (Proprietary Data Only)
Investor Notes:
(Proprietary Data Only)

Buyer Company Details


CameronTec Intressenter AB
Internet Software and
Buyer Name: CameronTec Intressenter AB Primary Industry:
Services
Website: Headquarters: Stockholm County, Sweden
Business Description
CameronTec AB provides infrastructure and networking solutions for the financial industry. The company is based in
Stockholm, Sweden. CameronTec AB is a former subsidiary of ORC Software AB.
Company Relationship Information
Current Subsidiary/Operating
Relationship Type: Lead Investor: No
Unit

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Current Investment (£ - Total Investment (£ mm): -


mm):
Percent Currently Held
Percent Acquired (%): 100.00000 100.00000
(%):
Proprietary Relationship Details
Percent of Funds Invested Return On Investment
(%): - (%): -
(Proprietary Data Only) (Proprietary Data Only)
Investor Notes:
(Proprietary Data Only)

Related Filings
Company Name Form Type Filed Date
aurionPro Solutions Limited (BSE:532668) Annual Report Sep-13-2013
E2E Infotech Limited Aurionpro signs definitive Jul-01-2013
agreements to sell its E2E
Infotech business to long-
term partner Camerontec

* Denotes that the information is proprietary. Proprietary data is in USD only.

Historical Equity Pricing Data supplied by

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