FE International Advises Acquisition of Asperato by Unaric
June 20 2024 - 8:30AM
FE International, the leading mergers and advisory firm for
technology businesses, announces the acquisition of Asperato, a
leading Salesforce software vendor and payment solutions provider,
by Unaric, a company building the largest suite of apps on the
Salesforce platform. FE International served as the exclusive
sell-side M&A advisor on the transaction.
Founded in 2010, Asperato helps Salesforce
customers collect and make payments from around the world. The
application integrates with 18 payment providers and processes over
$1.2 billion annually on behalf of their customers. The business
has a significant presence in the U.S., UK, and APAC with customers
in real estate, tech, and financial services industries. The
acquisition by Unaric unites two important partners in the
Salesforce ecosystem, bridging the gap between Salesforce and a
payment provider.
“Finding the right home for Asperato was more
than simply the bottom line. We have been looking for a partner to
further grow the business and reach its untapped potential and
Unaric is that and more,” said Nick Chaffe, CEO of Asperato.
“This acquisition strengthens our commitment to
the Salesforce ecosystem. We are excited to be introduced to a
wider audience of customers who can experience firsthand the
innovative solutions we offer,” said Jim Smith, COO of
Asperato.
This acquisition is Unaric's fourth since June 2023, with
Asperato joining Salesbolt, Accountability Solutions and Mirage
Computer Systems in Unaric's RevOps suite.
“We admire what Asperato has achieved over the past decade and
are confident they will integrate seamlessly into the Unaric
family,” said James Gasteen, CEO and Co-Founder of Unaric.
“Asperato joins a strategically constructed team who not only
understands their business, but can also drive their existing
initiatives further.”
“This deal is another nod to the strong momentum in the tech
space. Tech deals, especially in digital media, SaaS, and AI, are
still booming,” said Randal Stephenson, Head of Investment Banking
at FE International. “While AI rightfully grabs attention, it’s
important to not overlook the value other sectors offer in the
market.”
About AsperatoAsperato helps Salesforce
customers collect payments from all over the world. With over 14
years’ experience in this industry, Asperato has connected over 250
businesses and have processed over $1.2 billion annually on behalf
of their customers. Asperato’s team is made up of dedicated pre-
and post-sales managers and highly experienced technology and
payment specialists – all of whom are ready and able to help you
grow your business the way you want. For more information, visit
https://asperato.com/
About UnaricUnaric partners with and acquires
Salesforce ISVs to help them grow and expand. We're an experienced
team who have built and grown multiple companies in the SaaS and
ISV space and are uniquely positioned to help bring smaller ISVs
together to help them continue their journey. For more information
visit, https://www.unaric.com/
About FE InternationalFounded
in 2010, FEI is known for its extensive network of pre-qualified
international investors. Its team includes experts in business
performance optimization, valuation, accounting and due diligence,
exit planning, M&A, capital raising, and more. FEI
professionals have completed more than 1,500 successful strategic
and financial transactions valued at over $50 billion. FEI serves
clients worldwide with headquarters in New York and international
offices in Miami, San Francisco, London, Mumbai and Warsaw. It was
named one of The Americas' Fastest Growing Companies in 2024, 2023,
2022, 2021 and 2020 by The Financial Times and is also a five-time
Inc. 5000 company. For more information,
visit www.feinternational.com.
kcothron@kcsa.com