M&A Deal Summary

Celero Acquires Sona

On August 6, 2024, Celero acquired software company Sona

Acquisition Highlights
  • This is Celero’s 2nd transaction in the Software sector.
  • This is Celero’s 1st transaction in Canada.
  • This is Celero’s 1st transaction in Nova Scotia.

M&A Deal Summary
Date 2024-08-06
Target Sona
Sector Software
Buyer(s) Celero
Deal Type Add-on Acquisition
Advisor(s) MAPP Advisors LLC (Financial)

Target

Sona

Bedford, Nova Scotia, Canada
Sona offers payment solutions for small and medium-sized merchants, providing them with pricing transparency, impeccable customer service, and state-of-the-art technologies. Sona was founded in 2016 and is based in Bedford, Nova Scotia.

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Buyer(S) 1

Buyer

Celero

Brentwood, Tennessee, United States
Category Company
Sector Information Technology
DESCRIPTION

Celero is a full-service, integrated electronic commerce solutions provider powered by edge technology, strategic partnerships, and business intelligence. Celero offers payment processing services, business management software, and data intelligence to small and medium-sized businesses, empowering them to drive growth and profitability. Celero is based in Brentwood, Tennessee.

DEAL STATS #
Overall 8 of 8
Sector (Software) 2 of 2
Type (Add-on Acquisition) 8 of 8
State (Nova Scotia) 1 of 1
Country (Canada) 1 of 1
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-08-18 Community Bankers Merchant Services

Springdale, Arkansas, United States

Community Bankers Merchant Services (CBMS) is a provider of credit card processing, merchant accounts, merchant cash advances, and other payment solutions to retail and restaurant merchants, corporations, and financial institutions. Community Bankers Merchant Services was formed in 1990 and is based in Springdale, Arkansas.

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