Vista Equity Partners announced it will acquire Canadian-based D+H, and merge it with UK-based Misys, creating a diversified fintech leader with a global footprint and about $2.2 billion in revenues.

D+H's portfolio includes a broad set of financial software solutions. Misys specializes in software leader for retail and corporate banking, lending, treasury and capital markets, investment management and enterprise risk. The privately-held combined organization will create a diversified fintech market leader, with a global footprint and a broadest set of financial software solutions with around 10,000 employees and 9,000-plus customers across 130 countries, including 48 of the top 50 banks.

Commenting on the transaction D+H CEO Gerrard Schmid said, "By combining D+H with Misys, Vista will be creating a global leader in financial technology with a broad array of products to serve customers. D+H brings depth in North America and leadership in payments and lending; while Misys has a strong market position in Europe, Middle East, Africa and Asia and leadership capabilities in banking, capital markets, investment management and risk solutions. I believe this transaction is beneficial to our customers, shareholders and employees. We look forward to working closely with Vista and the leadership team at Misys to complete this transaction."