OnBoard Acquires Govenda to Expand AI Board Governance Capabilities
May 23, 2024
Indianapolis-based board management software provider OnBoard (parent: Passageways) has acquired Pittsburgh-based Govenda, a board portal and AI-enabled governance platform. Financial terms were not disclosed; Govenda has about 25 employees and roughly 600 customers, and D.A. Davidson & Co. acted as exclusive financial advisor to Govenda. The deal will combine Govenda's AI capabilities with OnBoard's platform to enhance board governance, analytics, and customer support.
- Buyers
- OnBoard, Passageways
- Targets
- Govenda
- Industry
- Cloud & SaaS
- Location
- Pennsylvania, United States
- Transaction Type
- Buyout
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