M&A Deal Summary |
|
|---|---|
| Date | 2023-06-06 |
| Target | CFM |
| Sector | Information Technology |
| Buyer(s) | Kinective |
| Sellers(s) | OceanSound Partners |
| Deal Type | Merger |
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Kinective is a developer of middleware and application software solutions for the retail banking end-market, serving nearly 2,500 banks and federal credit unions. Kinective is based in Gilbert, Arizona.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 7 |
| Sector: Information Technology M&A | 2 of 4 |
| Type: Merger M&A Deals | 2 of 2 |
| State: Arizona M&A | 1 of 1 |
| Country: United States M&A | 2 of 7 |
| Year: 2023 M&A | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-06-06 |
NXTsoft
Birmingham, Alabama, United States NXTsoft provides API, cybersecurity and data software solutions for financial institutions. The company's other solutions include data security, data analytics, data management and data migration. NXTsoft’s products and services help businesses secure, connect and optimize their data to maximize revenue opportunities, enhance profitability and mitigate cybersecurity risk. NXTsoft is based in Birmingham, Alabama. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-07-16 |
Nexus Software
Chesterland, Ohio, United States Nexus Software is a provider of device support for retail banking teller and platform solutions. Nexus provides software that connects any solution to any device in the retail branch. The software is installed on more than 400,000 workstations through over 1,100 financial institutions worldwide. Nexus Software was founded in 1985 and is based in Chesterland, Ohio. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2018 |
| PE ASSETS | 4.5B USD |
| Size | Large |
| Type | Sector Focused |
OceanSound Partners is a private equity firm that makes control investments in technology and technology-enabled services companies serving government and enterprise end markets. The Firm seeks situations where it can be a hands-on investor, helping partner companies with its experience in supporting growth initiatives. OceanSound Partners was formed in 2018 and is based in New York, New York.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Information Technology M&A | 1 of 1 |
| Type: Merger M&A Deals | 1 of 1 |
| State: Arizona M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2023 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-06-06 |
Kinective
Gilbert, Arizona, United States Kinective is a developer of middleware and application software solutions for the retail banking end-market, serving nearly 2,500 banks and federal credit unions. Kinective is based in Gilbert, Arizona. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-04-11 |
Convey
Denver, Colorado, United States Convey is a provider of customer engagement software for electric utilities and other highly regulated industry sectors. Convey's software solutions drive increased customer satisfaction, operational efficiency, self-service, and conversion across several communication channels and critical use cases, including power outages, payments, and energy efficiency. Convey was founded in 1998 and is based in Denver, Colorado. |
Buy | - |