The observation
Document-template library and self-service workflows; decade-old business.
Complete more of the document creation, signing and sharing workflow.
Rationale basis: buyer-stated. Historical strategic comp. Employment-conditioned amounts are not unrestricted proceeds.
Terms and timing
$95m headline; $25.7m tied to continued service in later disclosure.
Business age not established. Sale-process duration is unknown.
- Dropbox · Dropbox acquisition of FormSwift ↗Historical. $95m announcement subject to adjustments; closed December 15, 2022. Not target ARR. Checked 2026-09-14.
- Dropbox / SEC · Dropbox FY2022 earnings transaction terms ↗Reports $25.7m of the $95m subject to ongoing service; headline cash is not all unrestricted seller proceeds. Checked 2026-09-14.