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July 13, 2023
Rev.io has acquired Tigerpaw, a software company offering end-to-end professional services and business automation software to technology providers.
Rev.io, the provider of automated billing and customer management solutions to telecommunications businesses, wireless and mobility providers, and managed service providers, says the deal expands the company’s managed services reach.
Tigerpaw’s core software offers MSPs an end-to-end PSA system, encompassing account management, sales automation, project management, reporting, RMM integration, invoicing, field technical support, inventory tracking and other features.
This is Rev.io’s third acquisition since 2021.
Keep up with the latest channel-impacting mergers and acquisitions in our M&A roundup.
Rev.io’s Brent Maropis
Brent Maropis, CEO of Rev.io, said the company is excited to grow its portfolio of solutions for MSPs.
“Over the past several years, our goal has been to expand our offerings to both of these segments, especially as the lines between them continue to blur,” Maropis said. “For service providers that need to bill for recurring revenues, process payments at scale, support field techs, and manage complex service organizations, we now have a comprehensive set of solutions to help them.”
He added: “Rev.io will be focused on building upon Tigerpaw’s legacy of success and creating more value for both their legacy clients and those of Rev.io by combining this strong portfolio of solutions. We are confident we will succeed by deploying our proven service models, leveraging our culture, and steadfastly following our ACT TOP values.”
The company will continue to examine opportunities that are beneficial to their core client segments of communications service providers, managed service providers, wireless and IoT companies, and related businesses. Over the next several months, Rev.io will work to align Tigerpaw’s operations and rebrand its products to articulate the company’s full offering to the broader marketplace, officials said.
Tigerpaw’s James Foxall
James Foxall, president and CEO of Tigerpaw, said the deal marks the culmination of a near 40-year journey for the Tigerpaw team.
“We began as a startup family business, and we have consistently met the needs of service providers as both their businesses’ needs and underlying technologies have evolved,” Foxall said. “Rev.io has a very similar story, along with a proven track record of significant sales growth, outstanding service and core values. With their demonstrated commitment to helping clients and creating underlying business value, Rev.io is the perfect partner to take Tigerpaw into its next generation.”
Read more about:MSPs
Claudia Adrien is a reporter for Channel Futures where she covers breaking news. Prior to Informa, she wrote about biosecurity and infectious disease for a national publication. She holds a degree in journalism from the University of Florida and resides in Tampa.
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