PSPDFKit, a document processing firm, has acquired ORPALIS Imaging Technologies and Aquaforest, providers of document imaging software.

The combination creates a foundation for enabling developers to better execute their roadmaps. Backed by Insight Partners, the combination harnesses the firm’s capabilities to deliver unmatched document expertise and resources.

Neil Pitman, CEO of Aquaforest, said, “Aquaforest teaming up with PSPDFKit positions us to bring a higher level of value to the businesses that rely on our solutions and help even more organizations, IT specialists, and aspiring low-code builders to drive even more impactful business outcomes.”

District Capital Partners served as financial advisor, Willkie Farr & Gallagher LLP served as legal advisor, and Deloitte served as accounting advisor to PSPDFKit during this transaction. In Extenso Finance & Transmission served as financial advisor, and Fidal Toulouse served as legal advisor to ORPALIS.