Analytics provider Fico acquires risk intervention firm Adeptra for $115m.
US-based analytics provider Fair Issac Corporation (Fico) has acquired UK-based risk intervention firm Adeptra, backed by a bank’s venturing unit, for an all-cash purchase price of $115m.
Adeptra is currently owned by a group of investors including Germany-based bank Deutsche Bank and UK-based peer Barclays Ventures, private equity investors ABS Ventures and AlpInvest Partners, venture capital firms Foresight Group and Advent Venture Partners, alternative asset manager Global Emerging Markets and debt provider Kreos Capital.
The deal is expected to be…