November 19, 2021
Transaction Announcement
BOSTON, MA — Dunn Rush & Co. LLC is pleased to announce the recent closing of the sale of Fonative, Inc. (“Fonative”) to Finvi (formerly Ontario Systems, LLC). Dunn Rush & Co. served as financial advisor to Fonative in the transaction.
Fonative (www.fonative.com), helps businesses connect with customers through voice and text, providing compliant communications via Communications Platform as a Service (“CPaaS”). The Company has decades of telecom experience and call center on-premise systems, with a particular focus on the voice and text messaging CPaaS market – providing highly regulated industries with a reliable communications platform. Fonative was founded in 1992 is headquartered in Lowell, Massachusetts.
Finvi (www.finvi.com) is a premier provider of enterprise technologies that streamline and accelerate revenue recovery for clients across healthcare, government, accounts receivable management, and payment tools. Finvi allows its client partners to generate more revenue at reduced cost and fulfill their stated business outcomes by effectively engaging those who pay. Finvi has offices in Massachusetts, Indiana, New Mexico, Delaware, and Washington.
For more information about this transaction, you can click here to access the press release.
Dunn Rush & Co. LLC was founded in 2009 to provide high quality merger and acquisition advisory services to middle market companies valued between $20 million and $250 million. Dunn Rush & Co. LLC has significant expertise in the following industry sectors: Business Services; Consumer; Defense & Security; Healthy Living; Instrumentation; Manufacturing & Distribution; Medical Technology & Services; and Technology, Software & Data Services. The Firm is a registered Broker-Dealer and is headquartered at 225 Franklin Street, Boston MA 02110. For further information, please visit our website at dunnrush.com or contact us at 617-451-0001.
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