Bravura: Acquires Midwinter for $50 million

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Bravura: Acquires Midwinter for $50 million

Bravura: Acquires Midwinter for $50 million

  • Bravura Solutions has announced it has entered an agreement to acquire financial planning software firm Midwinter Financial Services
  • It said the founders and senior management of Midwinter expected to remain a core part of the business
  • Bravura said Midwinter’s core product, AdviceOS, is a natural extension to Bravura’s existing software solutions
  • Further, Bravura noted Midwinter’s cloud-based SaaS offering built using advanced technology
  • When the Midwinter team have built a strong, highly functional and well-regarded cloud-based SaaS application