Foundation Direct Acquired by Team Velocity | Technology M&A Deal

Team Velocity has acquired Foundation Direct, a enterprise software business in [State], for $X. Team Velocity acquisitions combine media strategy capabilities with the Apollo platform to support enterprise marketing and sales execution. Foundation Direct provides technology-enabled media strategy and operational services that can be integrated into Apollo for improved customer engagement in [City/State]. The Foundation Direct acquisition is an add on acquisition within technology M&A, expanding Team Velocity’s add-on footprint in enterprise software. Deal terms, advisors, and an expected close date were not disclosed.