SRS Acquiom, which provides a platform offering payments admin and other services for PE, VC and corporate M&A deals, has been bought by private equity house Lovell Minnick.
The company’s software aims to provide an integrated platform of professional services, tech solutions and data to enable firms to navigate the complex M&A deal execution process more efficiently.
Its services include post-closing shareholder representation, payment agency, escrow administration, representation and warranty insurance brokerage, and pre-closing shareholder solicitation.
The company also says it holds an extensive database of private M&A data that provides insights to help dealmakers determine appropriate transaction terms.
SRS Acquiom says it has managed more than 2,200 deals, representing 205,000 shareholders, valued at over $340bn.
Company founder and CEO Paul Koenig said, “LMP’s strong network within financial services and experience investing in technology-enabled services businesses will expand and enhance our ability to offer market-leading M&A services to our clients across our increasingly global footprint.
“We are experiencing strong demand for our platform of solutions from both new
and existing clients, and we look forward to working with LMP to put the next phase of our strategic growth plans into action.”
Lovell Minnick managing partner Steve Pierson said, “SRS Acquiom has a strong history of innovation and offers best-in-class solutions for managing and simplifying M&A processes throughout the transaction lifecycle.
“We look forward to supporting the Company in its continued growth, including the cultivation of next generation transaction support products, data analytics and new services.”
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