Simfoni Acquires Xeeva
November 28, 2022
Simfoni has acquired Michigan-based Xeeva, a provider of AI-powered indirect spend management and procurement solutions, to expand its capabilities in tail-spend management, spend analytics, eSourcing and payments automation. The deal strengthens Simfoni's composable procurement offering and aims to accelerate growth, scale operational infrastructure, and deliver expanded technology options and service levels for both companies' customers.
- Buyers
- Simfoni
- Targets
- Xeeva
- Industry
- Software
- Location
- Michigan, United States
- Transaction Type
- Buyout
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