Market Insights by SEG: Aptitude Software Acquired RevStream

Aptitude Software, a specialist financial management software provider, acquired RevStream, a provider of revenue management software, for $15.7M (4.5x EV/Rev). The acquisition expands Aptitude Software’s portfolio by adding broader revenue lifecycle management functionality and by providing access to new verticals.

Seller Business Description:

RevStream provides a cloud-based platform for enterprise revenue life cycle management. HQ: Belmont, CA.

Buyer Business Description:

Aptitude Software develops financial integration and accounting software in the U.K. HQ: London, U.K.  See Press Release.

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