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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