Finding the Right Buyer in a Niche Sector Asperato, a Salesforce payment orchestration solution, finds new home with Salesforce focused private equity firm
Company Overview:
Sold to
Asperato is an embedded Salesforce payment orchestration solution with a gross merchandise value (GMV) run rate of over $1.1 billion. The company helps businesses securely collect and process payments around the world with its fully tokenized PCI-DSS Level 1 compliant solutions, which have been audited and certified to meet the highest standards of security. Asperato partnered with FE International due to the firm's unmatched presence in the Salesforce ecosystem, with over a dozen completed transactions such as CloudOrca and Focus on Force.
Salesforce Payment Solution
Key Value Drivers:
Buyer Interest:
Process Results:
• Revenue has grown 33% year over year between 2021-2022 • 87% gross margins • Net revenue retention of 111% (2022)
• Opportunity presented to 1200+ buyers with the majority of outreach focused on strategic acquirers within FinTech and beyond.
• FE negotiated favorable management incentive structures in which founders receive future payouts for consistent results — in addition to funds received for the sale of the business • 7 Offers that each exceeded sellers’ expectations
20
Made with FlippingBook interactive PDF creator