CFM Acquires IMM; Combined with NXTsoft to Form Kinective Backed by OceanSound Partners

April 13, 2023

CFM has acquired IMM, a document automation and eSignature software provider for financial institutions, and combined it with recent acquisition NXTsoft to form the new brand Kinective. The combined platform—backed by OceanSound Partners—unites connectivity, workflow automation, and analytics solutions serving over 2,500 banks and credit unions to accelerate digital transformation and expand product capabilities.

Buyers
CFM, OceanSound Partners
Targets
IMM
Platforms
CFM
Industry
Software
Location
New Jersey, United States
Transaction Type
Addon

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