Ascend Partners Inc.
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Ascend Partners Inc. - overview
Established
2014
Location
Toronto, ON, Canada
Primary Industry
Software
About
Founded in 2014 and based in Ontario, Canada, Ascend Partners Inc. operates as a provider of enterprise performance management solutions. The company offers OneStream software which provides financial consolidation, reporting, budgeting, planning, forecasting, and integrations with other financial systems. In October 2024, Achieve Partners invested in Ascend Partners Inc.
As part of the transaction, Abacus Finance made an equity co-investment. The firm’s core offerings focus on streamlining financial consolidation, reporting, budgeting, planning, and forecasting processes. By automating data loading, reconciliation, and reporting, Ascend Partners enhances the accuracy of financial reporting while significantly reducing the time spent on financial close and consolidation. Their services empower finance leaders, enabling ongoing rolling forecasts and scenario planning, thus continuously assessing profitability and future strategies.
The company serves clients across diverse industries, including mining, real estate, and manufacturing. The October 2024 investment will broaden Ascend Partners Inc. 's offerings and support further growth.
Current Investors
Abacus Finance, Achieve Partners
Primary Industry
Software
Sub Industries
Accounting/Finance Software
Website
www.ascend.partners
Verticals
Cloud Computing
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only
Ascend Partners Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Growth | Completed | Ascend Partners Inc. | - |
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