M&A Deal Summary

Symphonize Acquires NewFoundry

On November 3, 2023, Symphonize acquired software company NewFoundry

Acquisition Highlights
  • This is Symphonize’s 1st transaction in the Software sector.
  • This is Symphonize’s 1st transaction in the United States.
  • This is Symphonize’s 1st transaction in Michigan.

M&A Deal Summary

Date 2023-11-03
Target NewFoundry
Sector Software
Buyer(s) Symphonize
Deal Type Add-on Acquisition
Advisor(s) Generational Equity LLC (Financial)

Target

NewFoundry

Ann Arbor, Michigan, United States
NewFoundry provides custom software development. NewFoundry was founded in 2012 and is based in Ann Arbor, Michigan.

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Buyer(S) 1

Buyer

Symphonize

Roseville, California, United States

Category Company
Founded 2012
Sector Information Technology
DESCRIPTION

Symphonize provides software solutions that help businesses compete and grow. The Company combines strategic thinking, innovative design, and seamless execution to empower clients and enhance their competitive advantage. Symphonize was founded in 2012 and is based in Roseville, California.


DEAL STATS #
Overall 1 of 1
Sector (Software) 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