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.