Invictus-backed Allbound completed the acquisition of Channel Mechanics.

Invictus-backed Allbound, a Partner Relationship Management SaaS platform provider, completed the acquisition of Channel Mechanics, a Channel Enablement platform provider. Financial terms were not disclosed. “The combination of Allbound and Channel Mechanics transforms us from a leading PRM platform to a battle-ready ecosystem enablement solution – the first of its kind. Channel Mechanics is renowned for its unique program automation capabilities, phenomenal track record of growth and customer retention, and strong enterprise solutions. These key aspects of the business perfectly complement Allbound’s scalable growth platform, leading sales and customer success organization, and mid-market focus,” Paul Szemerenyi, Allbound CEO.