Banyan Software announces acquisition of Vivid Reports

Banyan Software, Inc., a company focused on acquiring and growing great enterprise software businesses for life, is excited to announce the acquisition of Vivid Reports, a company specializing in business intelligence software solutions.

Founded in 1999 by CEO James Briscoe, Vivid Reports helps automate and streamline financial planning, budgeting, forecasting, and reporting tasks to facilitate better decision-making and budget management.

“I am delighted to welcome Vivid Reports to the Banyan family. It was clear that the team’s consistent success in enabling Chief Financial Officers, FP&A managers, and their teams to more effectively manage their businesses through practical technology aligns with our mission. We are confident that together we can unlock new opportunities for growth and innovation.

Reed Fawell • Operating Partner, Banyan Software

When deciding to sell, finding the right home for Vivid Reports was my top priority. Banyan Software emerged as a great partner by showcasing a genuine commitment to their people, a long-term investment in our success, and the provision of resources and expertise for sustainable growth. With Banyan, I’m confident that Vivid Reports will continue to thrive while retaining the high level of customer service and founding values our staff and customers have come to appreciate.

James Briscoe • Founder and CEO of Vivid Reports

About Vivid Reports. With a rich 20-year history, Vivid Reports is a leading software development company specializing in Corporate Performance Management (CPM) and business intelligence reporting tools that integrate seamlessly with Microsoft Excel®. Since 1999, we’ve provided quality solutions to a diverse range of industries, offering comprehensive software to effortlessly organize, transform, and reveal valuable information for better decision-making. For more information, please visit: vividreports.com

About Banyan Software, Inc. Banyan Software provides the best permanent home for successful enterprise software companies, their employees, and customers. With a permanent capital base set up to preserve the legacy of founders, Banyan focuses on a buy and hold for life strategy for growing software companies. Founded in 2016, Banyan is backed by a world-class group of CEOs and investors with deep technology experience and currently operates across a growing number of verticals.

Related content

SELLER STORY

Turning a personal challenge into a booming software business

Founder Nick James build his “biggest lifetime achievement” with Atamis. Then it was time for a change.

VIDEO

CEO Spotlight: Ardi Batmanghelidj

Hear Ardi, CEO and co-founder of Innovatum, share his story of growing and nurturing the business over 20 years and ultimately finding it a new home with Banyan.

author avatar
Deanne Reimer

Start typing and press Enter to search

Shopping Cart