M&A Deal Summary

Reseda Group Acquires ChannelNet

On July 10, 2023, Reseda Group acquired internet software and services company ChannelNet

Acquisition Highlights
  • This is Reseda Group’s 1st transaction in the Internet Software and Services sector.
  • This is Reseda Group’s 1st transaction in the United States.
  • This is Reseda Group’s 1st transaction in Michigan.

M&A Deal Summary
Date 2023-07-10
Target ChannelNet
Sector Internet Software and Services
Buyer(s) Reseda Group
Deal Type Add-on Acquisition

Target

ChannelNet

Dearborn, Michigan, United States
ChannelNet provides customer engagement and retention via web and mobile solutions that work across sales and service channels. Its patented SaaS digital engagement platform, OneClick Financial, connects financial institutions with their accountholders to engage, inform and learn about financial products and services. ChannelNet was founded in 1985 and is based in Dearborn, Michigan.

Search 201,157 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Reseda Group

East Lansing, Michigan, United States
Category Company
Founded 2021
Sector Business Services
DESCRIPTION

Reseda Group helps credit unions remain relevant and competitive by delivering the best products and services to their employees and member-owners through investing in strategic partners that bring innovative technology, digital resources and credit union industry solutions to market. Reseda Group was founded in 2021 and is based in East Lansing, Michigan.

DEAL STATS #
Overall 1 of 1
Sector (Internet Software and Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Michigan) 1 of 1
Country (United States) 1 of 1
Year (2023) 1 of 1
Mergr

Product

Company

Legal