Navidar Advises Bellwether Software In Its Sale To Embrace Software
Chicago, IL
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August 01, 2023 10:45 AM Central Daylight Time
Bellwether Software, a leading procurement, purchasing and accounts payable SaaS platform that helps businesses track, manage, and reduce indirect spend through process automation, has been acquired by Embrace Software. Embrace Software acquires and invests in niche software companies that provide industry-specific solutions and it brings significant resources, operating experience, and best-of-breed practices to its portfolio companies.
“We are incredibly excited to join the Embrace family of solutions and look forward to all the synergies that are now available to us” said Wadih Pazos, CEO of Bellwether Software. “Navidar has been an excellent and creative partner who has helped us to translate our unique business model into a compelling investment story and financial model.”
"We are thrilled to welcome Bellwether to the Embrace team," said Mohan Plakkot, CEO of Embrace Software. "Navidar acted as a resourceful intermediary, and we hope to have many more future transactions with Navidar".
“The procurement and purchasing SaaS market is a strategic market for our firm, and we are delighted to deliver an excellent outcome for a leading market player. We are proud to have helped Bellwether Software achieve this major milestone," said Stephen Day, Managing Principal of Navidar.
About Navidar
Navidar Holdco LLC (“Navidar”), with a presence in Austin, Atlanta, Cleveland, Dallas, Denver, Indianapolis, Minneapolis and San Antonio, is an investment banking firm that provides strategic merger and acquisition advice, capital raising solutions, and corporate advisory services to businesses and investors in dynamic industries. The firm focuses on SaaS software, eCommerce & Internet, information technology services, specialty manufacturing, and health care information technology companies. Navidar principals have completed more than 400 transactions representing nearly $110 billion in M&A and capital raising, for both private and public companies, over the past 20 years. Navidar Group LLC, an affiliate of Navidar, is a broker-dealer that is registered with FINRA and SIPC. To learn more, visit www.navidar.com.
Contact Details
Chelsey Gonzales
+1 512-765-6976
