M&A Deal Summary

Fenix24 Acquires appNovi

On April 24, 2025, Fenix24 acquired software company appNovi

Acquisition Highlights
  • This is Fenix24’s 2nd transaction in the Software sector.
  • This is Fenix24’s 2nd transaction in the United States.
  • This is Fenix24’s 1st transaction in Massachusetts.

M&A Deal Summary

Date 2025-04-24
Target appNovi
Sector Software
Buyer(s) Fenix24
Deal Type Add-on Acquisition

Target

appNovi

Boston, Massachusetts, United States
appNovi is a cybersecurity mesh architecture (CSMA) software company. appNovi was founded in 2020 and is based in Boston, Massachusetts.

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Buyer(S) 1

Buyer

Fenix24

Chattanooga, Tennessee, United States

Category Company
Founded 2022
Sector Information Technology
DESCRIPTION

Fenix24 is a cyber disaster recovery firm. Fenix24 was formed in 2022 and is headquartered in Chattanooga, Tennessee.


DEAL STATS #
Overall 2 of 2
Sector: Software M&A 2 of 2
Type: Add-on Acquisition M&A Deals 2 of 2
State: Massachusetts M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2025 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-01-27 vArmour

San Mateo, California, United States

vArmour is a provider of application relationship management software. The Company's focus was fortifying the reliability and confidence of businesses' hybrid-cloud applications through continuous observation, aiding in progressing crucial initiatives and diminishing risk. vArmour was formed in 2011 and is headquartered in San Mateo, California.

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