October 13, 2016 | Announcements

Vindicia Sale to Amdocs Advised by GCA

We are pleased to announce that our client, Vindicia, Inc., a leading SaaS, subscription billing platform that enables clients to more effectively acquire, retain and expand their customer base, has been acquired by Amdocs Limited (NasdaqGS: DOX).

Vindicia has built a 100% cloud-based platform that allows for automation of subscription billing with the flexibility to bill customers through over various payment plans. Vindicia makes it easy, flexible and frictionless for digital enterprises to onboard customers and process payments for digital content, over-the-top (OTT) entertainment, online subscriptions and on-demand services. Furthermore, Vindicia’s solution allows for revenue recapture from denied transactions and utilizes big data analytics to provide decision tools that facilitates clients’ business decisions. Vindicia has processed over $21Bn globally for its clients, providing them with more than $90MM in annual incremental revenue. The Company is headquartered in Redwood City, CA.

GCA acted as exclusive financial advisor to Vindicia in connection with this transaction. The transaction was closed on September 13, 2016. Terms of the transaction have not been disclosed.

 
About Vindicia
Vindicia is a leading SaaS, subscription billing platform that enables clients to more effectively acquire, retain and expand their customer base. The Company’s cloud- based platform allows for automation of subscription billing with the flexibility to bill customers through various payment plans. Vindicia’s solution also allows for revenue recapture from denied transactions and utilizes big data analytics to provide decision tools that facilitates clients’ business decisions. For more information, visit www.vindicia.com.
 
About Amdocs Limited
Amdocs is a leading provider of customer experience software solutions and services for communications, entertainment and media service providers. Amdocs’ solutions coupled with professional and managed services have accelerated business value for its clients by simplifying business complexity, reducing costs and delivering a world-class customer experience. For more information, visit www.amdocs.com.

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