M&A Deal Summary

Ripple Acquires Palisade

On November 3, 2025, Ripple acquired software company Palisade from Lumivero

Acquisition Highlights
  • This is Ripple’s 3rd transaction in the Software sector.
  • This is Ripple’s 5th transaction in the United States.

M&A Deal Summary

Date 2025-11-03
Target Palisade
Sector Software
Buyer(s) Ripple
Sellers(s) Lumivero
Deal Type Divestiture

Target

Palisade

Paris, United States
Palisade is a provider of risk modeling and decision analysis software. Palisade's flagship software solutions, RISK and the DecisionTools Suite, enable Microsoft Excel and other technology platforms to perform powerful risk modeling and decision analysis. Palisade was founded in 1984 and is based in Paris, France.

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Buyer(S) 1

Buyer

Ripple

San Francisco, California, United States

Category Company
Founded 2012
Sector Information Technology
DESCRIPTION

Ripple provides blockchain-based financial technology solutions for global payments, digital asset custody, and tokenization. The Company’s products enable financial institutions, payment providers, and digital banks to facilitate cross-border transactions, manage digital assets, and integrate stablecoin and liquidity management tools into their operations. Ripple was founded in 2012 and is headquartered in San Francisco, California.


DEAL STATS #
Overall 6 of 6
Sector: Software M&A 3 of 3
Type: Divestiture M&A Deals 1 of 1
Country: United States M&A 5 of 5
Year: 2025 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-10-16 GTreasury

Buffalo Grove, Illinois, United States

GTreasury is a provider of treasury management software for organizations spanning the world. GTreasury’s solution illuminates a treasury’s liquidity by centralizing all incoming and outgoing banking activities, along with tracking all financial instrument activities. GTreasury was founded in 1986 and is based in Buffalo Grove, Illinois.

Buy $1.0B

Seller(S) 1

SELLER

Lumivero

Denver, Colorado, United States

Category Company
Sector Software
DESCRIPTION

Lumivero combines research methodologies with robust, real-time data collaboration software to empower actionable insights and clear decision-making. The Company’s platform supports professional researchers across growing industry segments, including commercial and academia customers. Lumivero is based in Denver, Colorado.


DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: United States M&A 1 of 1
Year: 2025 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-09-12 Atlas.ti

Berlin, Germany

Atlas.ti is a QDA and mixed-media software that helps researchers analyze complex phenomena hidden in unstructured data. With ATLAS.ti researchers and students easily get an overview of their findings for various research projects. Atlas.ti is based in Berlin.

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