2024 M&A Advisor - Year in Review

Shivani Ramesh
CORA News & Updates
February 14, 2024
2024 M&A Advisor - Year in Review

There were 4 new software companies that joined the CORA family in 2024.
To learn more, read the CORA 2024 Year in Review here.

Of the 4 acquisitions completed last year, 3 were M&A advisor-lead processes.

- All M&A advisor-led acquisitions were in North America

- These acquisitions were within established verticals

Here is a summary of each acquisition and the advisor-led that was involved in each process.

Vanson Technologies

Vanson Technology Services was advised by Generational Equity, a leading mergers and acquisitions advisor. Commenting on the transaction, Andre Farahmandi from Generational Equity expressed enthusiasm about the future prospects of this partnership, stating, "The synergy between CORA and Vanson Technology Services promises to bring forth innovative solutions that will redefine customer, dealer, and employee engagement across industries."

About Vanson Technologies

With over 25 years of expertise, Vanson Technology Services is at the forefront of developing cutting-edge loyalty, engagement, and incentive management programs. Recognized for their robust, scalable solutions, Vanson prides itself on fostering close client relationships to ensure the success and continuous improvement of their programs.

Click here to visit the Vanson website.

SpringFour

SpringFour was advised by Waller Helms Advisors, now known as Houlihan Lokey, a specialized investment bank offering M&A advisory services. Commenting on the transaction, Alain Nono, Director at Waller Helms Advisors/Houlihan Lokey, stated, "C&R Software's acquisition of SpringFour marks a significant step forward in the financial health sector, and I am confident that SpringFour’s innovative solutions will thrive under C&R’s network and resources."

About SpringFour

Founded in 2005, SpringFour is a leading financial health fintech that empowers banks, credit unions, fintech lenders, employers, loan servicers, mortgage insurers, nonprofits, and organizations across all industries to connect consumers with vetted, local nonprofit and government financial health resources. SpringFour’s product suite includes an innovative contact center tool, digital self-service products, and APIs that increase payment performance, add brand value, strengthen customer relationships, drive ESG and social impact, support consumer financial health, and improve bottom lines. SpringFour has received many prestigious awards including American Banker’s Most Influential Women in Fintech, Inc. Magazine's Female Founders 250, Real Leaders’ Top Impact Companies, Fast Company's Brands that Matter, Finovate's Innovator of the Year, and more.

Click here to visit the SpringFour website.

Volanté Systems

Volanté Systems was advised by Software Equity Group (SEG), a leading M&A advisory firm specializing in software companies. Brad Weekes, Managing Director at SEG, commented, "It was a privilege to guide Volanté Systems through this process. Our extensive experience in healthcare SaaS and mission-critical, enterprise-grade business management systems enabled us to identify CORA as the ideal partner for Volanté’s next growth phase. We’re confident that, under CORA’s leadership, Volanté will continue delivering exceptional value, enhancing front and back-office operations, and serving as a critical system of record for clients across these pivotal sectors."

About Volanté Systems

Volanté Systems is a leading technology company specializing in comprehensive and scalable Point-of-Sale (POS) software solutions tailored specifically for foodservice enterprises. Their innovative software is designed to streamline operations and enhance customer experiences across various food service sectors.

Click here to visit the Volante website.

Why work with CORA?

M&A Expertise – Our dedicated team of M&A professionals have the knowledge and experience to manage the process efficiently and effectively. We can move quickly to close.

Vertical Market Software (VMS) Expertise – 35+ year track record of acquiring, managing, operating, and growing VMS companies across the world. With the presence of over 15 verticals, CORA has an established reputation of being a strong, global software operator.

Ensure the Best Future for Your Client – When your client joins The CORA Group, they have a permanent home. CORA is different than other acquirers because we don’t sell our businesses. We offer a decentralized model for our portfolio companies to operate with the same management and staff, but with additional resources, support, and best practices.

Our Investment Preferences

As a general guideline, we are looking for the following:

Technology: We acquire software companies that sell a proprietary solution that is highly tailored to fit the needs of one or more vertical markets.

Industry: Our existing verticals include Construction, Debt Collections & Recovery, Foodservice, Loyalty, Moving & Storage, Legal, etc. We are continuously expanding in our existing verticals as well as adding new verticals via acquisition.

Size: Smaller businesses with as few as a handful of employees and larger businesses with hundreds of employees have found their home at CORA.

Geography: With offices in over 15 countries and customers in many more, borders are not a barrier to acquisition.

Global M&A Leaders

The CORA Group operates independently managed software brands around the world, providing them with the strategic guidance and financial security required to be leaders in their respective markets. Today, CORA is proud to supply industry-leading enterprise management software and related services to customers in over 15+ vertical markets.

We are actively looking to have a dialogue with vertical market software leaders and M&A advisors.

If you own a vertical market software business or work with clients who do, our M&A professionals would welcome the chance to connect with you.

Contact us to Connect!

George Chalmers, Director, M&A Corporate Development
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Shivani Ramesh, Senior Associate, M&A Corporate Development
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