M&A Deal Summary |
|
|---|---|
| Date | 2024-02-11 |
| Target | Cforia |
| Sector | Software |
| Buyer(s) | HighRadius |
| Sellers(s) | Gemspring Capital |
| Deal Type | Add-on Acquisition |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 2006 |
| Sector | Internet Software and Services |
HighRadius is an enterprise Software-as-a-Service (SaaS) company. The HighRadius Integrated Receivables platform optimizes cash flow through automation of receivables and payments processes across credit, collections, cash application, deductions, electronic billing, and payment processing. Powered by the Rivana Artificial Intelligence Engine, HighRadius Integrated Receivables enables teams to leverage machine learning for accurate decision making and future outcomes. HighRadius was founded in 2006 and is based in Houston, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Software M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 1 of 1 |
| State: California M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2024 M&A | 1 of 1 |
| Category | Private Equity Firm |
|---|---|
| Founded | 2015 |
| PE ASSETS | 3.8B USD |
| Size | Large |
| Type | Sector Agnostic |
Gemspring Capital is a private equity firm focused on making control equity investments and structured equity investments in lower middle-market companies headquartered in the United States and Canada. For platform investments, Gemspring targets companies with $5 to $500 million with strong competitive positions within sustainable market niches. Sectors of interest include business services, distribution/logistics, industrial services, media, technology, software, and niche manufacturing. Gemspring Capital is based in Westport, Connecticut.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 9 |
| Sector: Software M&A | 2 of 3 |
| Type: Add-on Acquisition M&A Deals | 1 of 1 |
| State: California M&A | 2 of 3 |
| Country: United States M&A | 4 of 9 |
| Year: 2024 M&A | 1 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-12-04 |
Valant
Seattle, Washington, United States Valant is a software-as-a-service organization serving the needs of the behavioral healthcare industry. Its disruptive technology solutions combine deep domain and technical expertise to improve behavioral healthcare quality by reinventing how electronic healthcare record (EHR) systems serve mental health providers and their patients. Valant was founded in 2005 and is based in Seattle, Washington. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-03-14 |
Insurvia
Las Vegas, Nevada, United States Insurvia is an insurance services holding company with subsidiaries including Fiesta Insurance, a leading retail franchisor of insurance products and services with 70 franchisees operating 235 retail stores across nine states and a growing eCommerce platform, and bravo general, an MGA with an omnichannel distribution strategy serving the automotive market. Insurvia is based in Las Vegas, Nevada. |
Sell | - |
