Solifi
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Solifi - overview
Established
1974
Location
Minneapolis, MN, US
Primary Industry
Software
About
Based in Minnesota, US, and founded in 1974, International Decision Systems, Inc. trading as Solifi, operates as a provider of asset financing solutions designed to streamline and enhance operations for companies in the asset finance industry. In October 2024, TA Associates acquired a majority stake in Solifi from Thoma Bravo. Financial terms were not disclosed.
As of January 2024, the company has offices in the United States, India, the United Kingdom, and Singapore and is led by its CEO, David Hamilton. International Decision Systems, Inc. develops a unified open finance platform that covers a spectrum of financial services, including automotive finance, consumer finance, equipment finance, fleet finance, wholesale finance, and working capital. Among the featured products are originations, portfolio management, wholesale finance software, lease and loan pricing, asset-based lending, factoring, and vehicle data.
The company's client base includes BNP Paribus, Exeter, Xerox, Hitachi, Sany, and Peoples.
Current Investors
Thoma Bravo
Primary Industry
Software
Sub Industries
e-Financial, Accounting/Finance Software
Website
www.solifi.com
Verticals
Cloud Computing, FinTech
Company Stage
Mature
Total Amount Raised
Subscriber access only
Solifi - financials
| Fiscal Year Ended | Dec 31, 2002 | Dec 31, 2003 | Dec 31, 2004 | Dec 31, 2005 | Dec 31, 2006 |
|---|---|---|---|---|---|
| Revenue (USD) | 45,000,000 | - | - | - | - |
| % Revenue Growth (YoY) | - | - | - | - | - |
| EBITDA (USD) | - | - | - | - | - |
| Operating Income (USD) | - | - | - | - | - |
| Operating Margin | - | - | - | - | - |
| % EBITDA Margin | - | - | - | - | - |
| NET Income (USD) | - | - | - | - | - |
| % Net Margin | - | - | - | - | - |
Solifi - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | DataScan Technologies LLC | - | ||||||||
| Add-on | Completed | Leasepath | - | ||||||||
| Secondary Buyout | Completed | Solifi | - | ||||||||
| Add-on, Trade Sale | Completed | White Clarke Group Ltd. | - | ||||||||
| Add-on | Completed | William Stucky & Associates, Inc. | - |
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