CPE Media News (2/13/2019) – Doxim Inc., a portfolio company of GI Partners, has acquired Market Connections Inc. Financial terms were not disclosed.
Both based in Toronto, Doxim is a leading customer communications and engagement technology solution provider serving financial and regulated markets, while, Market Connections is a provider of business-critical communications processing and delivery for a wide range of top tier financial institutions.
With this acquisition, Doxim expands its footprint in the wealth management space.
In March 2018, GI Partners acquired Doxim from Strattam Capital with founder Chris Rasmussen and Doxim’s existing management team maintaining a significant ownership.
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Acquisition Expands Doxim’s Reach in the Wealth Management and Financial Services Space and Enriches Capabilities of the Doxim Customer Engagement Platform
February 12, 2019
Doxim (www.doxim.com), the leading customer communications and engagement technology provider serving financial and regulated markets, acquires Market Connections, Inc. (MCI), a customer communications and campaign management technology provider to wealth management and other financial services organizations.
With this acquisition, Doxim expands its footprint in the wealth management space, welcoming several industry’s top organizations as its valued clients and onboarding MCI’s team, who have decades of expertise in serving the complex communications needs of the mutual fund dealers, brokerages, and other financial institutions.
MCI is a trusted provider of business-critical communications processing and delivery for a wide range of top tier financial institutions, including Fortune 500 organizations. Over its 25-year history of innovation and excellent client service, MCI has developed a broad range of solutions for its clients, including the multichannel delivery of high-volume documents such as statements, confirms, tax and other documents, as well as personalized engagement products and subscription-based marketing communications offerings in digital and print formats.
By acquiring MCI, Doxim extends its market reach in the North American wealth management and banking space and enriches its omnichannel campaign management capabilities. Doxim continues investing into its SaaS Customer Engagement Platform while supporting the evolving needs of its clients across North America.
“We look forward to our future growth as a part of Doxim. Doxim has been the leader in the fintech space for many years and we are confident that the capabilities of the Doxim’s Customer Engagement Platform and the team expertise will be highly beneficial for our clients,” said Scott Biel, MCI’s Senior Vice President and Partner. “With Doxim’s strong focus on modernizing customer communications and customer engagement technology for their clients, both MCI’s clients and staff will benefit from the new shared expertise, capabilities, and SaaS solutions available from one larger and stronger trusted vendor.”
“Doxim’s mission is to transform customer experience, and every strategic technology investment and acquisition we make contributes to this long-term goal. We stay focused on the key markets that we serve and on the needs of our clients and choose our growth strategies and partners wisely to sustain this focus as we have done in the past,” said Chris Rasmussen, CEO of Doxim. “MCI’s philosophy in focusing on customers is very closely aligned with ours, and we look forward to this new partnership with MCI’s staff and clients.”
Doxim is the customer communications and engagement technology leader serving financial and regulated markets, providing omnichannel document solutions and transforming experiences to strengthen engagement throughout the entire lifecycle. The Doxim Customer Engagement Platform helps clients communicate reliably and effectively, improve cross-sell and upsell opportunities, and drive increased loyalty and wallet share through personalized communications. The platform addresses key digitization, operational efficiency, and customer experience challenges through our suite of plug-and-play, integrated, SaaS software and document technology solutions. Learn more at www.doxim.com.
About Market Connections
With over two decades of experience, Market Connections specializes in customer communications solutions for the financial services and real-estate industries that deliver an optimal client experience. From communication strategies to comprehensive multi-channel delivery services, we help financial services organizations and individual professionals throughout Canada and the United States to engage existing and prospective customers, deliver regulatory investor communications and build brand loyalty. Learn more at www.marketconnections.com.
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