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IDS Adds Sidhu as Head of Corporate Development

April 07, 2020, 07:25 AM

IDS, a provider of asset finance technology, announced that Mandip Sidhu has joined its executive management team as Head of Corporate Development. Sidhu brings to IDS more than 20 years of corporate development experience, including development of strategic partnerships and mergers and acquisitions (M&A). A UK Chartered Accountant, Sidhu has both a strong financial background and deep financial services software experience.

“Mandip’s deep expertise in a broad range of corporate development activities within both the financial services and software markets make him a perfect fit for IDS,” said IDS CEO David Hamilton. “As IDS looks to further accelerate its growth, it is essential that we have an experienced executive to spearhead our partnership and acquisition strategy. We are in a fantastic position to further build value for our customers in providing them with more comprehensive solutions for their domestic and international businesses.”

Sidhu joins IDS from Temenos, a banking software provider, where he was responsible for all M&A activities globally. At Temenos, Sidhu identified and completed multiple transactions with a combined deal value of over $1.3 billion supporting the group’s global expansion. Prior to Temenos, Sidhu was a Partner at Regent Partners a boutique M&A advisory firm specialized in the software and IT services industries.

He holds a degree in finance and accounting from the University of Birmingham and is a member of Institute of Chartered Accountants of England and Wales (ICAEW) having qualified with KPMG. Sidhu will be based in the IDS London offices.

Headquartered in Minneapolis, MN, IDS also has offices in the United Kingdom, Australia, Singapore and India.

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