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M&A Deal Summary

Nextiva Acquires Thrio

On January 18, 2024, Nextiva acquired software company Thrio

Acquisition Highlights
  • This is Nextiva’s 2nd transaction in the Software sector.
  • This is Nextiva’s 2nd transaction in the United States.
  • This is Nextiva’s 1st transaction in California.

M&A Deal Summary
Date 2024-01-18
Target Thrio
Sector Software
Buyer(s) Nextiva
Deal Type Add-on Acquisition

Target

Thrio

Calabasas, California, United States
Thrio is a contact center software company renowned for its expertise in AI-driven customer experience. Thrio is based in Calabasas, California.

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Buyer(S) 1

Buyer

Nextiva

Scottsdale, Arizona, United States
Category Company
Founded 2008
Sector Information Technology
DESCRIPTION

Nextiva is a cloud-based provider of business communications and customer management through an integrated platform. Nextiva was founded in 2008 and is based in Scottsdale, Arizona.

DEAL STATS #
Overall 2 of 2
Sector: Software M&A 2 of 2
Type: Add-on Acquisition M&A Deals 2 of 2
State: California M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2024 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-04-19 Simplify360

Plano, Texas, United States

Simplify360 an AI customer experience platform uses AI and automation to enable 5,000+ global businesses to seamlessly deliver world class customer support across multiple channels, including email, live chat, social media, online reviews and e-commerce. Simplify360 is based in Plano, Texas.

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