Confluence Technologies Inc.
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Confluence Technologies Inc. - overview
Established
1991
Location
Pittsburgh, PA, US
Primary Industry
Software
About
Based in Pennsylvania, US, and founded in 1991, Confluence Technologies Inc. operates as a provider of financial services data management solutions. The firm was founded by Mark Evans. The company serves more than 400 clients in 40 countries.
Confluence Technologies Inc. has 13 offices throughout Europe, United Kingdom, South Africa, North America, and Australia. In March 2018, TA Associates acquired a majority stake in Confluence Technologies, Inc. In July 2021, Clearlake Capital Group agreed to acquire the company.
Confluence Technologies provides automated data management solutions for the investment management industry. The firm offers various services including professional, support, and business process outsourcing services. The company also offers data integration, automated investor communications, risk management, mission-critical regulatory, and performance reporting analysis to asset managers, global fund administrators, and mutual fund houses.
Current Investors
Clearlake Capital Group, TA Associates
Primary Industry
Software
Sub Industries
Consulting Services, BPO Services, Education & Training Services, Systems Management Software, Analytics & Performance Software
Website
www.confluence.com
Verticals
Big Data, RegTech
Company Stage
Mature
Total Amount Raised
Subscriber access only
Confluence Technologies 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Trade Sale | Announced | Compliance Solutions Strategies LLC | - | ||||||||
| Add-on, Trade Sale | Announced | Investment Metrics, LLC | - | ||||||||
| Secondary Buyout | Completed | Confluence Technologies Inc. | - | ||||||||
| Add-on | Completed | Fundpeak Inc. | - | ||||||||
| Add-on | Completed | StatPro Group plc | - |
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