News and Analysis (15677)
COLUMBUS NAMES U.S. SALES HEAD
- Wednesday, 08 December 2021
- News and Analysis
- Written by BobWScott
Columbus has hired Jeff Lilly as its sales director for the United States. The move comes shortly after the Denmark-based reseller agree to sell its SMB financial software business to Enavate for about $16.5 million.
FINANCIALFORCE NAMES HR CHIEF
- Friday, 03 December 2021
- News and Analysis
- Written by BobWScott
FinancialForce has hired Heather Gille as chief people officer. She fills the position left open by Jonathan Schoonmaker.
ACCOUNTING FIRMS TOP INTACCT AWARDS
- Friday, 03 December 2021
- News and Analysis
- Written by BobWScott
Sage Intacct has handed out channel awards for 2021 with most going to CPA firms. The two top awards also featured repeat winners.
INVESTMENT FIRM BUYS FISHBOWL
- Thursday, 02 December 2021
- News and Analysis
- Written by BobWScott
Diversis Capital Management has acquired Fishbowl. The private equity firm did not disclose terms for buying the inventory management software company
SOMERSET CPAS GETS ACUMATICA BIZ
- Wednesday, 01 December 2021
- News and Analysis
- Written by BobWScott
Somerset CPAs, a firm based in Indianapolis, Ind., has started an Acumatica business. The new affiliated organization, Somerset Technology Solutions was formed through the acquisition of the Acumatica practice of Dataquest Solutions.
EXPENSIFY GOES PUBLIC
- Tuesday, 23 November 2021
- News and Analysis
- Written by BobWScott
Expensify has raised about $65.5 million in proceeds an initial public offering this week. The total offering was for 11,190,392 at $27 per share but only 2,608,696 shares were offered by the company with the rest sold by shareholders.
QUISITIVE MORE THAN DOUBLES REVS
- Tuesday, 23 November 2021
- News and Analysis
- Written by BobWScott
Fueled by its series of acquisitions, Quisitive Technology Solutions more than doubled its revenue for the third quarter ended September 30. Moreover, that does not include revenue from Catapult Systems, which was acquired this month.
UNIT4 NAMES STRATEGY EXEC
- Monday, 22 November 2021
- News and Analysis
- Written by BobWScott
Unit4 has hired Adam Bastin as EVP and global head of strategy and corporate development. One of his major charges is growing the software company through acquisition.
QUISITIVE PAYING $51.5M FOR CATAPULT
- Thursday, 18 November 2021
- News and Analysis
- Written by BobWScott
Dynamics reseller Quisitive Technology Solutions has reached an agreement to pay $51.51 million in cash for Austin, Texas-based Catapult Systems. Toronto, Ont.-based Quisitive says the deal brings its annual run-rate to more than $160 million.
AVIDXCHANGE REVS RISE 36.6 PERCENT
- Thursday, 18 November 2021
- News and Analysis
- Written by BobWScott
Newly public AvidXchange nearly doubled its loss on a 36.5-percent rise in revenue for the third quarter ended September 30. The payments company posted a loss of $35.5 million for the most recently ended quarter, up from $17.9 million in red ink a year ago.
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