Brookfield Corp. is in exclusive negotiations to acquire Actimize from Nasdaq-listed NICE. The potential transaction is valued at approximately $2 billion. While talks are advanced, the parties have not reached a final agreement and the deal could fall through.
Actimize provides software for fraud detection and anti-money laundering. The Canadian investment giant intends to fold the asset into its private equity financial infrastructure arm. Actimize previously attracted interest from several private equity firms.
NICE originally purchased the company in 2007. That initial acquisition cost $280 million. The sale aligns with NICE’s strategy to prioritize cloud and AI-powered customer experience platforms.