M&A Deal Summary

DocuFree Acquires AIS

On September 26, 2023, DocuFree acquired information services company AIS

Acquisition Highlights
  • This is DocuFree’s 1st transaction in the Information Services sector.
  • This is DocuFree’s 3rd transaction in the United States.
  • This is DocuFree’s 1st transaction in North Carolina.

M&A Deal Summary

Date 2023-09-26
Target AIS
Sector Information Services
Buyer(s) DocuFree
Deal Type Add-on Acquisition

Target

AIS

Pineville, North Carolina, United States
AIS is a strategic information management company dedicated to maximizing organizational efficiency and productivity. AIS specializes in the security and disaster recovery of critical business data, with a specific focus on healthcare, government, education, law enforcement, finance and manufacturing solutions. AIS was founded in 1972 and is headquartered in Pineville, North Carolina.

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Buyer(S) 1

Buyer

DocuFree

Alpharetta, Georgia, United States

Category Company
Founded 1999
Sector Business Services
DESCRIPTION

Docufree provides web-based document and business process management solutions. It offers business process outsourcing services, including print and mail stream management, document imaging, and data capture for various processes, such as accounts payable, claims processing, benefits administration, human resources, warranty processing, invoicing statement processing, document management, and inbound/outbound mail. DocuFree was founded in 1999 and is based in Alpharetta, Georgia.


DEAL STATS #
Overall 3 of 3
Sector (Information Services) 1 of 1
Type (Add-on Acquisition) 3 of 3
State (North Carolina) 1 of 1
Country (United States) 3 of 3
Year (2023) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-07-05 TrustFlow Digital Solutions

Moosic, Pennsylvania, United States

TrustFlow Digital Solutions is a provider leading the charge to help companies incorporate digitization to accelerate business processes, reduce risk, and securely automate their communication workflows. TrustFlow Digital Solutions is based in Moosic, Pennsylvania.

Buy -