Operating Company Software

Proven Optics

Columbus, Ohio, United States

Provides a suite of IT financial management software applications (ServiceNow-native/ServiceNow-integrated) and managed software subscriptions to help organizations rationalize, comprehend, normalize, optimize, and allocate IT spend, including budgeting, cost modeling/forecasting, cost recovery, and related IT finance processes.

Focus Areas
IT financial management (ITFM), ServiceNow-native applications, Cloud cost optimization / analytics

Tracked deals

3

3 tracked deals across 2024-2026.

Recent pace

2

2 tracked deals announced in the last 12 months.

Deal mix

Addon

2 addon · 1 divestiture

Proven Optics Acquisition Volume by Year

Last 2 years

Acquisition volume by year Annual acquisition counts for the last 2 years for Proven Optics. 1 2024 ~3 est. 2 2026
Actual Full-year estimate

Supporting Data

Recent Transactions

  • Buyer
    Proven Optics, Silversmith Capital Partners
    Target
    brightfin (ServiceNow-native enterprise business)
    Seller
    brightfin, Periscope Equity
    Industry
    IT Services

    Proven Optics, backed by Silversmith Capital Partners, has acquired brightfin's ServiceNow-native enterprise business from Periscope Equity. Periscope will retain and reintroduce Mobile Solutions as a standalone, mid-market-focused platform and has named Chebem Chukwu as CEO as it pursues organic growth and add-on acquisitions.

  • Buyer
    Proven Optics
    Target
    brightfin
    Industry
    Cloud & SaaS
    Type
    Addon

    Proven Optics has acquired brightfin to combine Proven Optics' IT financial management capabilities with brightfin's technology expense management solutions, and appointed Joel Martins as CEO of the combined organization. The deal (backed by majority investor Silversmith Capital Partners and with prior growth investment from ServiceNow) expands the platform's ServiceNow-native capabilities, customer support, and AI-enabled functionality for enterprise and public-sector customers.

  • Buyer
    Proven Optics, Silversmith Capital Partners, ServiceNow
    Target
    CloudGenera
    Industry
    Cloud & SaaS
    Type
    Addon

    Proven Optics, a ServiceNow-based IT financial management software company backed by Silversmith Capital Partners and with strategic investment from ServiceNow, has acquired CloudGenera, a vendor-agnostic cloud financial optimization and analytics provider. The acquisition is an add-on to expand Proven Optics’ cloud costing and IT decision-analysis capabilities and integrate CloudGenera’s AI-driven cloud forecasting and migration recommendation technology into Proven Optics’ platform.

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