M&A Deal Summary

Zennify Acquires Terazo

On November 12, 2024, Zennify acquired information technology company Terazo

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

M&A Deal Summary

Date 2024-11-12
Target Terazo
Sector Information Technology
Buyer(s) Zennify
Deal Type Add-on Acquisition

Target

Terazo

Richmond, Virginia, United States
Terazo is a solutions-oriented, platform-centric software development and managed services firm serving clients internationally, offering integration and automation services that enable clients large and small to run more efficiently and realize new business value. Terazo was founded in 2016 and is based in Richmond, Virginia.

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Buyer(S) 1

Buyer

Zennify

Sacramento, California, United States

Category Company
Founded 2013
Sector Information Technology
DESCRIPTION

Zennify is a Salesforce and data consulting partner dedicated to serving financial institutions with a relentless commitment to accelerating business outcomes. Zennify unites platforms, process, and people to help financial institutions across North America realize greater currency in their data and achieve growth, faster. Zennify was formed in 2013 and is headquartered in Sacramento, California.


DEAL STATS #
Overall 1 of 1
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Virginia) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1