M&A Deal Summary

Financial Recovery Technologies Acquires Skematic

On July 23, 2024, Financial Recovery Technologies acquired internet software and services company Skematic

Acquisition Highlights
  • This is Financial Recovery Technologies’ 1st transaction in the Internet Software and Services sector.
  • This is Financial Recovery Technologies’ 1st transaction in the United States.
  • This is Financial Recovery Technologies’ 1st transaction in New York.

M&A Deal Summary
Date 2024-07-23
Target Skematic
Sector Internet Software and Services
Buyer(s) Financial Recovery Technologies
Deal Type Add-on Acquisition

Target

Skematic

New York, New York, United States
Skematic is a rapidly growing SaaS company with software solutions for enhanced compliance management. The company provides workflow management solutions designed specifically for regulated industries as viewed through the eyes of compliance professionals. It delivers tools that integrate the people, processes, and systems of a firm’s global compliance framework. Skematic is based in New York, New York.

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Buyer(S) 1

Buyer

Financial Recovery Technologies

Medford, Massachusetts, United States
Category Company
Founded 2008
Sector Information Technology
DESCRIPTION

Financial Recovery Technologies is a technology-based services firm that helps the investment community identify eligibility, file claims, and collect funds made available in securities class action settlements. Financial Recovery Technologies was formed in 2008 and is based in Medford, Massachusetts.

DEAL STATS #
Overall 1 of 1
Sector (Internet Software and Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (New York) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1
Mergr

Product

Company

Legal