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Announced

Completed

Dynamo Software completed the acquisition of Smonik Systems.

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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Acquisition

Single Bidder

Majority

Data Centers and Hosting

data management

Private

Friendly

United States

Domestic

Completed

Synopsis

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Dynamo Software, a cloud software platform for the alternatives ecosystem, completed the acquisition of Smonik Systems, a provider of data management and reconciliation services to the financial services industry. Financial terms were not disclosed. “As the financial markets undergo further stress, Dynamo has calibrated its business to provide robust, best-in-class software for alternative asset managers and institutional investors,” Hank Boughner, Dynamo CEO.

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