ActiveWorx
ActiveWorx is a prominent provider of Intelligent Financial Transaction Management and Business Process Automation solutions. The company has evolved from its origins as a consulting firm specializing in complex document management and workflow to a developer of advanced automation software. ActiveWorx focuses on accounts payable automation and payment processing, offering tools that enable clients to transition from manual or semi-manual invoice handling to fully automated systems. Its platform supports a diverse range of sectors, including banking, insurance, retail, manufacturing, distribution, and logistics. ActiveWorx efficiently processes high volumes of client invoices, with some clients managing hundreds of thousands each month. The company has facilitated over 10 million transactions, representing more than $22 billion in accounts payable spending, thereby significantly enhancing operational efficiency for its clients.
1 past transactions
Patriot Financial Partners
Acquisition in 2020
Patriot Financial Partners, L.P. is a private equity firm based in Philadelphia, Pennsylvania, founded in 2007. The firm specializes in investments primarily in the community banking sector and related financial services throughout the United States. Patriot Financial Partners focuses on middle-market companies, particularly in metropolitan, growth-oriented, or niche markets, and aims to capitalize on market dislocations for rapid growth. The firm is particularly interested in private small to micro-cap banks with assets ranging from $500 million to $5 billion and prefers to make non-controlling investments. Transaction sizes typically range from $5 million to $35 million, aligning with their strategy of investing in a range of financial service-related companies, including healthcare, distressed debt, and structured debt.
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