There was another megadeal in August as payments & mobile credential management software provider Transact Campus was pocketed by industrial systems manufacturer Roper Technologies for $1.6B. The transaction aims to grow Roper Technologies' education and healthcare businesses.

The banking software business of NCR Voyix was picked up by global private investment firm Veritas Capital for $2.5B at 4.2 times revenue multiple in August.

In July, Envestnet, a developer of wealth, portfolio, and practice management software, was taken privateby one of the top buyers Bain Capital for$3.6B at a 3.3 times revenue multiple. The acquisition enables the firm to provide its market-leading platform with greater functionality and an even broader solution set that enables advisors to better serve clients at all stages of their financial lives.

Developer of an online payment and loyalty platform intended to convert point-of-sale to end-of-service NeoPay, was picked up by private equity investment firm Arcapita for $385M in September. The acquisition represents a significant milestone for NeoPay as it aims to expand its presence in the rapidly growing digital payments sector in the Middle East.

Also in July, developer of a mobile-based digital wallet application Colu Technologieswas acquired by transportation & fleet management software provider HBSS Connect, helping better serve underpaid communities by transporting them to job centers and commerce areas.

In July, the operator of a subscription-only digital bank Aion Bank was acquired by UniCredit for $401.7M. The transaction will enable UniCredit to capitalize on next-generation core banking technology, further enhancing its internal technology capabilities and enabling it to have a separate hub for innovation and testing.