M&A Deal Summary

Finvi Acquires Fonative

On December 9, 2021, Finvi acquired internet software and services company Fonative

Acquisition Highlights
  • This is Finvi’s 1st transaction in the Internet Software and Services sector.
  • This is Finvi’s 6th transaction in the United States.
  • This is Finvi’s 1st transaction in Massachusetts.

M&A Deal Summary

Date 2021-12-09
Target Fonative
Sector Internet Software and Services
Buyer(s) Finvi
Deal Type Add-on Acquisition

Target

Fonative

Lowell, Massachusetts, United States
Fonative is a provider of compliant communications via Communications Platform as a Service ('CPaaS'). Fonative was founded in 1992 and is based in Lowell, Massachusetts.

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Buyer(S) 1

Buyer

Finvi

Muncie, Indiana, United States

Category Company
Founded 1980
Sector Software
DESCRIPTION

Finvi is a provider of enterprise software that automates complex workflows and accelerates revenue recovery for clients in the healthcare, accounts receivable management (ARM), and government markets. Finvi was founded in 1980 and is based in Muncie, Indiana.


DEAL STATS #
Overall 6 of 6
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 6 of 6
State: Massachusetts M&A 1 of 1
Country: United States M&A 6 of 6
Year: 2021 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-23 Katabat

Wilmington, Delaware, United States

Katabat is a provider of debt management software solutions for lenders, fintech, and collection agencies. The software synchronizes customer offers, implements customer workflows, and builds integrated content and treatments across all customer channels. Katabat was founded in 2006 and is based in Wilmington, Delaware.

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