OceanSound Partners-backed CFM completed the acquisition of IMM.

OceanSound Partners-backed CFM, a provider of connectivity, workflow, and analytics software solutions, completed the acquisition of IMM, a software business that helps financial institutions automate document workflow via comprehensive integrations with existing systems. Financial terms were not disclosed. “The addition of IMM helps us better serve our customers through an expanded product portfolio, new commercial partnerships, and additional resources across support, sales, and development. Since 2021, we have expanded to 300 team members and tripled revenues through sustained organic growth and strategic acquisitions. We look forward to continuing our aggressive growth trajectory in 2023 and beyond," John W. Smith, CFM CEO.