M&A Deal Summary

Kinective Acquires Nexus Software

On July 16, 2024, Kinective acquired software company Nexus Software

Acquisition Highlights
  • This is Kinective’s 1st transaction in the Software sector.
  • This is Kinective’s 1st transaction in the United States.
  • This is Kinective’s 1st transaction in Ohio.

M&A Deal Summary
Date 2024-07-16
Target Nexus Software
Sector Software
Buyer(s) Kinective
Deal Type Add-on Acquisition

Target

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.

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Buyer(S) 1

Buyer

Kinective

Gilbert, Arizona, United States
Category Company
Founded 2006
Sector Software
DESCRIPTION

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 was founded in 2006 and is based in Gilbert, Arizona.

DEAL STATS #
Overall 1 of 1
Sector (Software) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Ohio) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1
Mergr

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