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  6. Rivermine Software Acquires MBG Expense Management

M&A Deal Summary

Rivermine Software Acquires MBG Expense Management

On December 15, 2009, Rivermine Software acquired internet software and services company MBG Expense Management

Acquisition Highlights
  • This is Rivermine Software’s 1st transaction in the Internet Software and Services sector.
  • This is Rivermine Software’s 1st transaction in the United States.
  • This is Rivermine Software’s 1st transaction in New York.

M&A Deal Summary
Date 2009-12-15
Target MBG Expense Management
Sector Internet Software and Services
Buyer(s) Rivermine Software
Deal Type Add-on Acquisition

Target

MBG Expense Management

New York, New York, United States
MBG Expense Management LLC is a provider of telecom and IT expense management solutions. MBG Expense Management was formed in 1991 and is based in New York.

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Buyer(S) 1

Buyer

Rivermine Software

South Fairfax, Virginia, United States
Category Company
Founded 1999
Sector Internet Software and Services
DESCRIPTION

Rivermine Software, Inc. is a provider of Telecom Expense Management (“TEM”) software and service solutions that enable organizations to gain visibility into, and control over, their telecommunications spend.

DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: New York M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2009 M&A 1 of 1
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