Capstone Strategic Advises Datava on Successful Sale to Kinective
VIENNA, Va., May 6, 2025 /PRNewswire/ -- Capstone Strategic, Inc. (Capstone), the leading credit union service organization (CUSO) transaction advisory firm, is pleased to announce the successful sale of Datava to Kinective, a premier provider of fintech connectivity solutions. Datava is a market leader in data aggregation and intelligence solutions for financial institutions. Capstone served as the exclusive M&A advisor to Datava, a CUSO.
"Today marks a defining moment in Datava's journey," said Gordon Flammer, Founder and CEO of Datava, who will join Kinective's leadership team. "The Capstone team provided sound support throughout the process and helped shepherd Datava through this transaction. Their unique experience guiding CUSO owner-members as well as private company and private equity transactions helped us successfully navigate the Letter of Intent, due diligence, and papering the deal. At each turn, they provided guidance, insight, and knowledge of best practices which enabled us to better understand our options and explore potential solutions. Their experts were a critical resource for this transaction."
The acquisition brings Datava's customer intelligence and data analytics platform into Kinective's broader suite of fintech offerings, expanding its capabilities and accelerating innovation for financial institutions.
"The team at Capstone is incredibly proud to have advised Datava on this transaction," noted Brian Goodhart, Director of M&A Advisory Services at Capstone. "Datava's team of proven fintech leaders will be a fantastic addition to Kinective. Combining Datava's data intelligence with Kinective's position and platform will foster a new paradigm of growth and personalization in the fintech industry. We are confident the combination of these two innovative organizations will create new opportunities for growth and deliver exceptional value to their clients and stakeholders alike."
"We have followed Datava and Gordon's journey for years and are delighted we played a critical role as he successfully eclipsed this major milestone - both for the CUSO owner-members and for the credit union industry. Our team is eager to see the next chapter of collaboration and growth," said John Dearing, Partner at Capstone.
About Capstone Strategic, Inc.
Capstone Strategic, Inc. is the leader in mergers and acquisitions for credit union service organizations (CUSOs). The firm helps CUSO and credit union leaders develop, evaluate, and implement proactive growth initiatives. Established in 1995 by CEO David Braun, Capstone specializes in strategic not-for-sale M&A and has facilitated over $1 billion in transactions while supporting growth in more than 100 industries. For additional information, visit www.capstonestrategic.com.
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SOURCE Capstone Strategic