M&A
confidence high
sentiment positive
materiality 0.75
Alkami acquires Segmint for $135.5M cash to expand data analytics capabilities
ALKAMI TECHNOLOGY, INC.
- Purchase price of $135.5M in cash; expected close in Q2 2022 subject to regulatory approvals.
- Segmint provides AI-driven transaction cleansing and KLI data for 147 FIs, 15M account holders.
- Deal expected to expand Alkami's TAM by ~$1B and enable cross-selling across larger installed base.
- For FY 2022, Segmint expected to contribute ~$7M revenue with immaterial adjusted EBITDA impact.
- Year-end 2022 ARR forecast at $15-17M, representing 30-50% growth over Dec 2021 ARR.