Announced
Financials
Tags
software
Private
Pending
United States
Single Bidder
cannabis
Acquisition
saas
Software
Friendly
Domestic
Majority
Synopsis
Dama Financial, a provider of access to banking and financial services, powering safe and secure depository solutions, agreed to acquire GrowFlow, a SaaS platform dedicated to helping its customers grow their cannabis businesses. Financial terms were not disclosed. "I could not be more excited about this merging of minds and technologies. Our leadership teams have nearly identical views of the industry and how it is evolving. Bringing our solutions together will allow us to serve customers in many unique ways and compete on much more than price," Travis Steffen, GrowFlow Chief Executive Officer.
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