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New Deal


Announced

Doxim acquired Utilitec.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

customer communications

Pending

Acquisition

Customer Relationship Management

Private

Friendly

Single Bidder

Synopsis

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Doxim, the leading customer communications and engagement technology provider serving financial and regulated markets, acquired Utilitec, a customer communications management solutions provider. Financial terms were not disclosed. “Joining Doxim opens up many exciting possibilities for the Utilitec team, our clients, and our partners,” said Gary Zavislak, President of Utilitec. “Like Utilitec, Doxim has built a reputation for excellence in business critical, high-volume customer communications. Our solutions will dovetail neatly with their existing technologies, providing our clients with enhanced knowledge, capabilities, and SaaS solutions available from one trusted vendor. And perhaps most importantly, Doxim’s investment in Utilitec will mean an accelerated pace of innovation to better serve the evolving needs of our clients.”

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