Nicus Software Acquires Proven FM

November 14, 2023

Nicus Software, a provider of enterprise IT Financial Management (ITFM) and Technology Business Management (TBM) software, has acquired Proven FM, an IT finance consulting firm, to expand its consulting and managed-services capabilities. As part of the deal, Proven FM founding partner Craig Hollenbeck becomes Senior VP of ITFM Strategy and Bryan Morland becomes Senior VP of Professional Services, and Nicus will offer expanded ITFM/TBM services including managed ITFM/TBM, strategy, and data management.

Buyers
Nicus Software, Inc.
Targets
Proven FM
Industry
IT Services
Location
Ohio, United States
Transaction Type
Buyout

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