M&A Deal Summary

SmartAsset Acquires DeftSales

On April 19, 2023, SmartAsset acquired information technology company DeftSales

Acquisition Highlights
  • This is SmartAsset’s 1st transaction in the Information Technology sector.
  • This is SmartAsset’s 1st transaction in the United States.
  • This is SmartAsset’s 1st transaction in Texas.

M&A Deal Summary

Date 2023-04-19
Target DeftSales
Sector Information Technology
Buyer(s) SmartAsset
Deal Type Add-on Acquisition

Target

DeftSales

Houston, Texas, United States
DeftSales is a prospect engagement company for financial professionals which provides compelling analytics insights and integrates with a range of CRM platforms. DeftSales is based in Houston, Texas.

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Buyer(S) 1

Buyer

SmartAsset

New York, New York, United States

Category Company
Founded 2011
Sector Information Technology
DESCRIPTION

SmartAsset is a financial technology company that uses data to provide free, actionable advice for big financial decision. This includes issues related to home buying, retirement, credit cards, life insurance, student loans, refinance and checking accounts. With a decision engine and optimization tool that measures the efficacy of different strategies, quantifies the true cost of financing alternatives and recommends specific financial products based on their suitability and cost to your specific situation. SmartAsset was founded in 2011 and is based in New York.


DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Texas M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2023 M&A 1 of 1