M&A Deal Summary

Driven I/O Acquires OmniVere

On January 14, 2019, Driven I/O acquired internet software and services company OmniVere

Acquisition Highlights
  • This is Driven I/O’s 1st transaction in the Internet Software and Services sector.
  • This is Driven I/O’s 2nd transaction in the United States.
  • This is Driven I/O’s 1st transaction in Illinois.

M&A Deal Summary

Date 2019-01-14
Target OmniVere
Sector Internet Software and Services
Buyer(s) Driven I/O
Deal Type Add-on Acquisition

Target

OmniVere

Skokie, Illinois, United States
OmniVere LLC is a provider of cloud-based data risk management services. OmniVere LLC is a Relativity "Best-in-Service Partner" and has built OmniPro and Omnivere Direct, its proprietary processing, and ECA platforms. These tools now further differentiate Driven and add to its cutting-edge software stack while providing both time and cost savings for clients through drastic reductions in data volumes.

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Buyer(S) 1

Buyer

Driven I/O

San Francisco, California, United States

Category Company
Sector Internet Software and Services
DESCRIPTION

Driven, Inc. is a provider of big data application infrastructure, delivering platforms that help enterprises create, deploy, run and manage data applications at scale.


DEAL STATS #
Overall 2 of 2
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
State: Illinois M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2019 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-29 Update Legal

New York City, New York, United States

Update Legal, Inc. is an independent provider of temporary legal professionals.Update Legal delivers services to many of the largest law firms in the United States and Fortune 500 corporate clientele through a national network of branch offices in major metropolitan markets throughout the country. Update Legal was founded in 1970 and is based in New York City, New York.

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