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Announced

Completed

PureFacts completed the acquisition of Xtiva Financial Systems.

Synopsis

PureFacts, an enterprise reporting and insights solutions provider, completed the acquisition of Xtiva Financial Systems, a company active in sales performance and incentive compensation management software for the wealth management industry. Financial terms were not disclosed. “We’re thrilled to welcome Xtiva to the PureFacts family. From day one, we have focused on providing our clients with the most flexible and transparent solutions to make growth easier. We know that better revenue management leads to greater revenue growth, and a key piece of that puzzle is developing and managing strategic incentive compensation plans. Our best-of-breed revenue management solution gets even better with Xtiva’s impressive track record and deep domain expertise," Robert Madej, PureFacts Founder and CEO.

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