- ACI Worldwide's bank and billing businesses were significantly impacted by the pandemic as projects were delayed and online bill payment transactions decreased.
- In March 2020, the company brought in a new CEO, Odilon Almeida. After working through the pandemic, he is now able to implement a strategy to help ACI Worldwide achieve.
- The company has several highly valuable software assets that play a key role in the piping of the payments space.
- Activist investor Starboard Value has taken a 9% stake in the company and will likely push for a sale if the company’s new strategy does not translate into high growth. This provides a tangible margin of safety for investors.
For further details see:
ACI Worldwide: Above Average Growth With A Tangible Margin Of Safety