Add-on Acquisition • Internet Software and Services

Kyriba Acquires FiREapps

On January 23, 2019, Kyriba acquired internet software and services company FiREapps

Acquisition Context
  • This is Kyriba’s 1st transaction in the Internet Software and Services sector.
  • This is Kyriba’s 1st transaction in the United States.
  • This is Kyriba’s 1st transaction in Arizona.

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M&A Deal Summary

Date January 23, 2019
Target FiREapps
Sector Internet Software and Services
Buyer(s) Kyriba
Deal Type Add-on Acquisition

Target Company

FiREapps

Scottsdale, Arizona, United States
Rim Tec, Inc. is a provider in foreign exchange risk management for businesses. FiREapps offers customized workflows for balance sheet, cash flow and income statement. FiREapps is based in Scottsdale, Arizona.
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Buyer Overview 1

Buyer

Kyriba

San Diego, California, United States

Category Company
Founded 2000
Sector Internet Software and Services
DESCRIPTION

Kyriba is a provider of cloud treasury and financial management solutions. Kyriba delivers a highly secure, 100% SaaS platform, superior bank connectivity and a seamlessly integrated solution set for tackling today’s most complex financial challenges. More than 1,600 companies rely on Kyriba to streamline key processes, protect against loss from fraud and cybercrime, and accelerate growth opportunities through improved decision support. Kyriba was founded in 2000 and is based in San Diego, California.


Deal Context for Buyer #
Overall 1 of 1
Sector: Internet Software and Services 1 of 1
Type: Add-on Acquisition 1 of 1
State: Arizona 1 of 1
Country: United States 1 of 1
Year: 2019 1 of 1