On July 26, 2023, Haveli Investments, a technology-focused private equity firm, announced that it has entered into a definitive agreement to acquire Certinia, formerly FinancialForce, from Advent International and Technology Crossover Ventures. Certinia's Services-as-a-Business platform includes Professional Services Automation (PSA), Customer Success, Services CPQ, ERP and FP&A solutions. Haveli will fund the transaction from Haveli Investments Software Fund I L.P., with participation from partners including General Atlantic, a leading global growth equity firm. Salesforce will continue as a shareholder in Certinia. The transaction is subject to customary closing conditions and is expected to close in August 2023.

Wilson Sonsini Goodrich & Rosati served as special company counsel to Certinia in this transaction. The Wilson Sonsini team included Rezwan Pavri, Lianna Whittleton, Annie Kim, and Avery Minor.

For more information, please see the press release.