M&A Deal Summary

Elite Acquires Tranch

On January 6, 2025, Elite acquired internet software and services company Tranch

Acquisition Highlights
  • This is Elite’s 1st transaction in the Internet Software and Services sector.
  • This is Elite’s 1st transaction in the United States.
  • This is Elite’s 1st transaction in New York.

M&A Deal Summary

Date 2025-01-06
Target Tranch
Sector Internet Software and Services
Buyer(s) Elite
Deal Type Add-on Acquisition

Target

Tranch

New York, New York, United States
Tranch is a B2B invoice automation and payments platform offering invoice management and turnkey payment options for law firms and their clients. Tranch is based in New York, New York.

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Buyer(S) 1

Buyer

Elite

New York, New York, United States

Category Company
Sector Information Technology
DESCRIPTION

Elite is a provider of integrated practice and financial management systems for professional service firms worldwide. It provides billing systems for the legal industry to deliver a variety of products and consulting services to other professional service markets, including accounting, engineering, marketing and management and IT consulting. Elite is based in New York, New York.


DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: New York M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2025 M&A 1 of 1