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New Deal


Announced

Completed

NexPhase Capital-backed Aztec Software completed the acquisition of Financial Fitness Group.

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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enterprise software

United States

financial health

software development

Software

Domestic

Completed

Single Bidder

Acquisition

Majority

Private

Friendly

Private Equity

Synopsis

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NexPhase Capital-backed Aztec Software, an educational software company, completed the acquisition of Financial Fitness Group, a provider of interactive financial wellness solutions. Financial terms were not disclosed. "Financial literacy is critical for adults to drive multi-generational change, and we remain committed to providing the resources that enable adult learners to succeed. Adding FFG to our award-winning iGrad team moves Aztec closer to fulfilling our mission to provide all adults with the tools to not only support their families, but also to create opportunities for the next generation," Jonathan Blitt, Aztec Software CEO.

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