M&A Deal Summary

Dynamo Software Acquires Smonik

On July 26, 2022, Dynamo Software acquired software company Smonik

Acquisition Highlights
  • This is Dynamo Software’s 1st transaction in the Software sector.
  • This is Dynamo Software’s 3rd transaction in the United States.
  • This is Dynamo Software’s 2nd transaction in Massachusetts.

M&A Deal Summary

Date 2022-07-26
Target Smonik
Sector Software
Buyer(s) Dynamo Software
Deal Type Add-on Acquisition

Target

Smonik

Needham, Massachusetts, United States
Smonik is a financial software and consulting firm specializing in providing innovative solutions to financial service and investment management industries, including corporations, fund administrators, investment managers, and asset owners. Smonik was founded in 2011 and is based in Needham, Massachusetts.

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Buyer(S) 1

Buyer

Dynamo Software

Watertown, Massachusetts, United States

Category Company
Founded 1998
Sector Internet Software and Services
DESCRIPTION

Dynamo Software is a premier provider of configurable, cloud-based investment management software for the alternative asset investment industry including fund administrators, endowments, pension funds, foundations, private equity and venture capital funds, real estate investment firms, hedge funds, prime brokers, funds of funds, and family offices. Intuitive and highly configurable, the Dynamo platform has improved the productivity of fundraising, deal, research, investor relationship, and portfolio management teams worldwide. Dynamo Software was founded in 1998 and is based in Watertown, Massachusetts.


DEAL STATS #
Overall 4 of 4
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 3 of 3
State: Massachusetts M&A 2 of 2
Country: United States M&A 3 of 3
Year: 2022 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-09-10 Imagineer Technology Group

New York, New York, United States

Imagineer Technology Group is a provider and significant software innovator in the alternative investment sector, providing CRM, investor relations, and reporting software for some of the highest profile hedge funds globally. Imagineer Technology Group was established in 1998 and is based in New York City.

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