FE International, Inc., the global market leader in mid-market technology mergers and acquisitions (M&A), announces the acquisition of Exportly, a Shopify app in the financial data management niche, by ravaani LLC.
Exportly allows users to export Shopify orders and refunds into popular bookkeeping software such as QuickBooks and Xero. Its ease of use, excellent customer support and competitive pricing have earned the business a five-star rating in the Shopify App Store and a strong foothold in the Shopify financial data management niche.
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Harish Sharma, Founder and CEO of ravaani LLC said, “Exportly is an excellent addition to ravaani’s receivable and payable solutions. This application has stable revenues over the LTM and great reviews on the Shopify app store. We’re very excited about this acquisition and look forward to growing the business further. FE International acted as a trusted partner from day one and was always available to answer questions. They made the whole process straightforward and timely”.
Founder of Exportly, Tom Slattery, said, “While building the Exportly App from the ground up over the past few years, I have worked to increase the customer base by keeping the customers happy and anticipating their needs. I am very pleased with the overall process of exiting my business through FE International and would like to work with them again in the future.”
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FE International served as the sole sell-side M&A advisor on the acquisition of Exportly.
“The business presents a great opportunity for the new owner to take over an established business with substantial cash flow and growth opportunities available to scale the business to new heights,” said FE International CEO Thomas Smale.
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