M&A Deal Summary

BeSmartee Acquires FlashSpread

On January 11, 2022, BeSmartee acquired internet software and services company FlashSpread

Acquisition Highlights
  • This is BeSmartee’s 1st transaction in the Internet Software and Services sector.
  • This is BeSmartee’s 1st transaction in the United States.
  • This is BeSmartee’s 1st transaction in California.

M&A Deal Summary

Date 2022-01-11
Target FlashSpread
Sector Internet Software and Services
Buyer(s) BeSmartee
Deal Type Add-on Acquisition

Target

FlashSpread

La Jolla, California, United States
FlashSpread is a cloud-based software solution that automates the spreading process by converting PDF tax returns into financial reports with the click of a button. FlashSpread was founded in 2017 and is based in La Jolla, California.

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Buyer(S) 1

Buyer

BeSmartee

Huntington Beach, California, United States

Category Company
Founded 2007
Sector Information Technology
DESCRIPTION

BeSmartee disrupts the financial services industry with its award-winning, web-based digital mortgage platforms for banks, credit unions, and non-bank lending institutions. BeSmartee delivers a complete digital mortgage experience that goes deeper into the origination process to help lenders convert higher and close faster making a once-cumbersome experience easy, fast, and transparent for all. BeSmartee was founded in 2007 and is headquartered in Huntington Beach, California.


DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2022 M&A 1 of 1