M&A Deal Summary

Finvi Acquires SwervePay

On May 19, 2020, Finvi acquired software company SwervePay

Acquisition Highlights
  • This is Finvi’s 3rd transaction in the Software sector.
  • This is Finvi’s 3rd transaction in the United States.
  • This is Finvi’s 1st transaction in Illinois.

M&A Deal Summary

Date 2020-05-19
Target SwervePay
Sector Software
Buyer(s) Finvi
Deal Type Add-on Acquisition

Target

SwervePay

Lake Villa, Illinois, United States
SwervePay LLC is a provider of enterprise software designed to automate complex workflows and accelerate revenue for clients in the healthcare industry as well as federal, state, and local governments and the accounts receivable management (ARM) market. SwervePay is based in Lake Villa, Illinois.

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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 3 of 6
Sector (Software) 3 of 4
Type (Add-on Acquisition) 3 of 6
State (Illinois) 1 of 1
Country (United States) 3 of 6
Year (2020) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-05-02 Justice Systems

Albuquerque, New Mexico, United States

Justice Systems, Inc. is a provider of court case management software, and electronic payments solutions to government clients including state and municipal court systems. Justice Systems is based in Albuquerque, New Mexico.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-02-23 Pairity

New York, New York, United States

Pairity, Inc. is a provider of an artificial intelligence (AI) and machine-learning capabilities that allow collection teams to maximize revenue recovery by uncovering new data insights at scale. Pairity is based in New York.

Buy -