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Press Release: Cordance Completes Acquisition of DocXellent

Norwich, CT, February 11, 2022: DocXellent today announced it has been acquired by Cordance of Raleigh, North Carolina. This new relationship will allow DocXellent management and employees the opportunity to benefit directly from the many years of expertise of the Cordance team, and allows DocXellent the advantage of Cordance’s financial resources to help scale the company.

“We’re excited that Cordance firmly supports us as a customer-focused organization,” says Gary Carignan, President and CEO at DocXellent. “We have always made improvements and changes based on feedback from our customers, and now we’ll be able to serve them even better.”

“DocXellent appealed to us because of its success in streamlining and protecting its clients’ workflow, document management, and production efficiency,” says John Bennett, CEO at Cordance. “We’re eager to start working closely in concert with its leadership team to guide the company in meeting its profit potential and continuing to bring excellent service to its clients.”

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Cordance (cordance.co) is dedicated to accelerating the growth of vertically focused business-to-business (B2B) software-as-a-service (SaaS) companies through acquisition and long-term tactical and financial guidance. The Cordance team of experienced operators and subject-matter experts have a passion for software and building businesses, and partner with founders to help them scale their businesses and realize their companies’ full potential. Cordance seeks businesses with strong leadership and high potential for profitable growth to work together to increase year-over-year revenue, company efficiency, and impact. Cordance is based in Raleigh, North Carolina.

Tags: document management software, document management system, press release