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  5. Vervent Acquires Smiles on Demand

M&A Deal Summary

Vervent Acquires Smiles on Demand

On February 7, 2023, Vervent acquired business services company Smiles on Demand

Acquisition Highlights
  • This is Vervent’s 1st transaction in the Business Services sector.
  • This is Vervent’s 1st transaction in Philippines.

M&A Deal Summary
Date 2023-02-07
Target Smiles on Demand
Sector Business Services
Buyer(s) Vervent
Deal Type Add-on Acquisition

Target

Smiles on Demand

Sibulan, Philippines
Smiles on Demand is a BPO organization to build talented offshore teams in the Philippines for small to medium-sized businesses in English speaking markets worldwide. Smiles on Demand was formed in 2012 and is based in Sibulan, Philippines.

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Buyer(S) 1

Buyer

Vervent

San Diego, California, United States
Category Company
Founded 1986
Sector Financial Services
DESCRIPTION

Vervent is a loan servicing company offering in-depth industry expertise, cutting-edge technology and a comprehensive array of services across a variety of asset classes. Vervent was founded in 1986 and is based in San Diego, California.

DEAL STATS #
Overall 4 of 4
Sector: Business Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 3 of 3
Country: Philippines M&A 1 of 1
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-04-04 First Equity Card

North Wales, Pennsylvania, United States

First Equity Card is a provider of business credit solutions, including a highly innovative credit card program designed around the needs of small businesses. First Equity Card was founded in 2001 and is based in North Wales, Pennsylvania.

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