M&A Deal Summary

Proven Optics Acquires CloudGenera

On August 12, 2024, Proven Optics acquired information technology company CloudGenera

Acquisition Highlights
  • This is Proven Optics’ 1st transaction in the Information Technology sector.
  • This is Proven Optics’ 1st transaction in the United States.
  • This is Proven Optics’ 1st transaction in North Carolina.

M&A Deal Summary

Date 2024-08-12
Target CloudGenera
Sector Information Technology
Buyer(s) Proven Optics
Deal Type Add-on Acquisition

Target

CloudGenera

Charlotte, North Carolina, United States
CloudGenera is a provider of cloud financial optimization solutions, furthering its mission to create the industry’s most complete IT financial management application platform. CloudGenera was formed in 2012 and is headquartered in Charlotte, North Carolina.

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Buyer(S) 1

Buyer

Proven Optics

Columbus, Ohio, United States

Category Company
Founded 2020
Sector Software
DESCRIPTION

Proven Optics is a software company that focuses on financial management. Proven Optics help clients in both IT and finance organizations implement financial management toolsets on SaaS platforms Proven Optics was founded in 2020 and is based in Columbus, Ohio.


DEAL STATS #
Overall 1 of 1
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (North Carolina) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1