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  6. Andavi Solutions Acquires Business Impact

M&A Deal Summary

Andavi Solutions Acquires Business Impact

On June 14, 2022, Andavi Solutions acquired information technology company Business Impact

Acquisition Highlights
  • This is Andavi Solutions’ 1st transaction in the Information Technology sector.
  • This is Andavi Solutions’ 4th transaction in the United States.
  • This is Andavi Solutions’ 1st transaction in North Carolina.

M&A Deal Summary
Date 2022-06-14
Target Business Impact
Sector Information Technology
Buyer(s) Andavi Solutions
Deal Type Add-on Acquisition

Target

Business Impact

Chapel Hill, North Carolina, United States
Business Impact is a data analytics platform for wineries and other customers to transform disparate data into actionable business intelligence. The company leverages proprietary tools for data warehouse connectors, master data mapping, and management to deliver fast, reliable, and configurable solutions. Business Impact was founded in 2005 and is based in Chapel Hill, North Carolina.

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Buyer(S) 1

Buyer

Andavi Solutions

Phoenix, Arizona, United States
Category Company
Founded 2020
Sector Software
DESCRIPTION

Andavi Solutions is a provider of software and data analytics solutions to the food and beverage (“F&B”) industry. Andavi Solutions is building an integrated technology solution suite to provide advanced data insights and analytics to the beverage alcohol industry. Andavi Solutions was founded in 2020 and is based in Phoenix, Arizona.

DEAL STATS #
Overall 4 of 4
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 4 of 4
State: North Carolina M&A 1 of 1
Country: United States M&A 4 of 4
Year: 2022 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-05-31 Tradeparency

United States

Tradeparency is a provider of trade promotion management software solutions for the wine and spirits industry. Tradeparency’s solutions help suppliers manage trade spend, plan and optimize promotions, and manage pricing and depletion allowances to optimize profit margins.

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