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M&A History<< Return to Mergers & Acquisitions
Deal Overview
Buyer: Rurban Financial Corp.
Actual Acquirer: Rurbanc Data Services, Inc.
Target: Diverse Computer Marketers Inc.
Deal Type: Financial Technology Company
Agreement Date5/19/2006
Announcement Date5/19/2006
Announced Deal Value ($M)7.25
Announced Deal Value, As Reported ($M)7.25
StatusCompleted
Completion Date9/2/2006
Announced Deal Value Per Share ($)NA
Consideration Breakout
Cash ($M)7.0
Contingent Payments ($M)0.3
Deal Pricing Ratios
 AnnouncementCompletion
Price / Book (%)NANA
Price / Sales (x)1.81.8
Price / Earnings (x)NANA
Price / EBITDA (x)NANA
Price / Operating Income (x)NANA
Deal Terms
Description of Consideration
Rurban Financial Corp. paid approximately $7.3 million, comprised of $2.0 million in cash at closing and an additional payment of up to $250,000 may be paid based on future performance.
Percent Acquired (%)100.00
Purchase MethodPurchase
Merger of Equals?NA
Estimated Cost Savings (%)NA
Estimated Cost Savings ($000)NA
Est. Restructuring Charges ($000)NA
Deal Advisers - Financial Advisers
Party AdvisedAdviser Hired?Firm Name
BuyerYesRyan Beck & Co.

Deal Advisers - Legal Counsel
Party AdvisedAdviser Hired?Firm Name
BuyerYesVorys Sater Seymour and Pease
SellerYesBodman PLC

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