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  6. Propel Business Services Acquires Conversion Innovations

M&A Deal Summary

Propel Business Services Acquires Conversion Innovations

On March 22, 2016, Propel Business Services acquired software company Conversion Innovations

Acquisition Highlights
  • This is Propel Business Services’ 1st transaction in the Software sector.
  • This is Propel Business Services’ 1st transaction in the United States.
  • This is Propel Business Services’ 1st transaction in Massachusetts.

M&A Deal Summary
Date 2016-03-22
Target Conversion Innovations
Sector Software
Buyer(s) Propel Business Services
Deal Type Add-on Acquisition

Target

Conversion Innovations

Cambridge, Massachusetts, United States
Conversion Innovations, Inc. (dba ThriveHive) is a developer of marketing software designed specifically for small businesses.

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Buyer(S) 1

Buyer

Propel Business Services

Mission Viejo, California, United States
Category Company
Sector Software
DESCRIPTION

Propel Business Services, Inc. (dba Propel Marketing) is a digital software solutions provider helping local businesses connect with more customers.

DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Massachusetts M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2016 M&A 1 of 1
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