Deal typePrivate Equity & Transaction Services
IndustryTechnology & Media
Sub-industryTechnology
Client nameAryza Holdings Limited
BDO has provided financial and tax due diligence to Aryza on the acquisition of Oyster Bay Systems.
Aryza Group, a leading provider of software solutions for the financial services industry, has acquired Oyster Bay Systems Limited and its subsidiary Profile Data Services Limited. This strategic move is set to strengthen Aryza Group’s position in the finance and lending market, expanding the group’s capability in the loan management sector, adding scale and client reach in the UK and capability across Europe.
Colin Brown, CEO of Aryza Group, emphasised the significance of this acquisition, stating, “We are thrilled to welcome Oyster Bay Systems into the Aryza Group family. This strategic move not only expands our global presence but also plays a pivotal role in reducing fragmentation in the UK lending supplier space. By bringing together the expertise of Aryza Group and Oyster Bay Systems, we aim to offer a seamless and integrated software offering, providing better outcomes for the end user.”
With OBS’s flagship product, Vienna, and PDS’s data processing capabilities, Aryza Group is poised to enhance its position as a leader in digitalising lending processes and facilitating seamless data submissions to major credit reference agencies.
The acquisition demonstrates Aryza Group’s commitment to growth and innovation, and aiming to deliver leading solutions for the finance and lending industry.
The BDO project team included:
Derek Neil, Mark Jones, Freddie Sheehan, Guy Davies, Josh Cowan (Financial due diligence)
Carol Hindle, James Boyd, Rachel Tucker, Steven Rhodes, Robert Woodward, Ailin Tan, Alex Clegg (Tax)
John Rouse, Laurence Mills, Lawrence McGinley (SPA)
Aryza Group, a leading provider of software solutions for the financial services industry, has acquired Oyster Bay Systems Limited and its subsidiary Profile Data Services Limited. This strategic move is set to strengthen Aryza Group’s position in the finance and lending market, expanding the group’s capability in the loan management sector, adding scale and client reach in the UK and capability across Europe.
Colin Brown, CEO of Aryza Group, emphasised the significance of this acquisition, stating, “We are thrilled to welcome Oyster Bay Systems into the Aryza Group family. This strategic move not only expands our global presence but also plays a pivotal role in reducing fragmentation in the UK lending supplier space. By bringing together the expertise of Aryza Group and Oyster Bay Systems, we aim to offer a seamless and integrated software offering, providing better outcomes for the end user.”
With OBS’s flagship product, Vienna, and PDS’s data processing capabilities, Aryza Group is poised to enhance its position as a leader in digitalising lending processes and facilitating seamless data submissions to major credit reference agencies.
The acquisition demonstrates Aryza Group’s commitment to growth and innovation, and aiming to deliver leading solutions for the finance and lending industry.
The BDO project team included:
Derek Neil, Mark Jones, Freddie Sheehan, Guy Davies, Josh Cowan (Financial due diligence)
Carol Hindle, James Boyd, Rachel Tucker, Steven Rhodes, Robert Woodward, Ailin Tan, Alex Clegg (Tax)
John Rouse, Laurence Mills, Lawrence McGinley (SPA)