M&A Deal Summary

PureFacts Financial Solutions Acquires VennScience

On May 7, 2020, PureFacts Financial Solutions acquired internet software and services company VennScience

Acquisition Highlights
  • This is PureFacts Financial Solutions’ 1st transaction in the Internet Software and Services sector.
  • This is PureFacts Financial Solutions’ 1st transaction in the United States.
  • This is PureFacts Financial Solutions’ 1st transaction in New Hampshire.

M&A Deal Summary

Date 2020-05-07
Target VennScience
Sector Internet Software and Services
Buyer(s) PureFacts Financial Solutions
Deal Type Add-on Acquisition

Target

VennScience

Portsmouth, New Hampshire, United States
VennScience is a full-service Salesforce cloud solution. VennScience is based in Portsmouth, New Hampshire.

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Buyer(S) 1

Buyer

PureFacts Financial Solutions

Toronto, Ontario, Canada

Category Company
Sector Financial Services
DESCRIPTION

PureFacts Financial Solutions is a provider of wealth management solutions for the financial services industry in Canada, USA, UK, and the Caribbean. PureFacts Financial Solutions is based in Toronto, Ontario.


DEAL STATS #
Overall 1 of 2
Sector (Internet Software and Services) 1 of 1
Type (Add-on Acquisition) 1 of 2
State (New Hampshire) 1 of 1
Country (United States) 1 of 1
Year (2020) 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-11-17 Quartal Financial Solutions AG

Zurich, Switzerland

Quartal Financial Solutions is a provider of fee and commission management, and revenue and expense lifecycle management software for the financial and insurance industries. The company was founded in 1999 and currently has more than 30 clients with over 50 software installations in 15 countries across Europe, the United States, Middle East, Africa, and the Asia-Pacific region. Their clients enjoy reduced operating costs, higher performances, quick Return on Investment, and reduced technology obsolescence through the use of their technologically advanced solutions.

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