M&A Deal Summary

CFM Acquires IMM

On April 13, 2023, CFM acquired software company IMM

Acquisition Highlights
  • This is CFM’s 1st transaction in the Software sector.
  • This is CFM’s 1st transaction in the United States.
  • This is CFM’s 1st transaction in New Jersey.

M&A Deal Summary

Date 2023-04-13
Target IMM
Sector Software
Buyer(s) CFM
Deal Type Add-on Acquisition

Target

IMM

Rahway, New Jersey, United States
Integrated Media Management (IMM) is a software business that helps financial institutions automate document workflow via comprehensive integrations with existing systems. IMM enables over 1,500 financial institutions to manage and enhance their process workflow for millions of transactions every month, across account opening, loan origination, and account maintenance use cases. Through over 80 integrations with core banking systems, business applications, and imaging systems, it delivers an end-to-end solution for document generation, in-person or electronic signature capture, identity authentication, and archiving. Through these capabilities, financial institutions can elevate consumer experiences, automate back-office processes, and maintain regulatory compliance with document retention requirements. Integrated Media Management is based in Rahway, New Jersey.

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Buyer(S) 1

Buyer

CFM

Tempe, Arizona, United States

Category Company
Founded 2006
Sector Information Technology
DESCRIPTION

CFM is a provider of connectivity, workflow, and analytics software solutions for over 2,500 banks and credit unions in North America. The company helps financial institutions create modern banking experiences, reduce operating costs, improve in-branch productivity, and achieve their IT modernization goals. CFM was formed in 2006 and is based in Tempe, Arizona.


DEAL STATS #
Overall 1 of 1
Sector (Software) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (New Jersey) 1 of 1
Country (United States) 1 of 1
Year (2023) 1 of 1