Xendoo Acquires Botkeeper's Infinite Platform

Xendoo, an online bookkeeping and accounting services firm providing technology-enabled financial management solutions to small businesses, announced that it has acquired Infinite, the core technology developed by Botkeeper and designed to support CPA and accounting practices.

The announcement follows previous news that Botkeeper was closing its doors. In a LinkedIn post from Botkeeper CEO Enrico Palmerino addressing the closure, the company communicated the transition to its community and stakeholders.

Botkeeper’s initial closure announcement

Botkeeper had been in operation for 11 years before announcing its closure in early February. In statements about the shutdown, founder and CEO Enrico Palmerino described a “perfect storm” of macro-economic shifts and industry consolidation that affected the company’s largest clients and its financial outlook, leading to the decision to shut down operations.

Xendoo acquires the Infinite platform

According to Xendoo’s announcement, the acquisition includes Botkeeper’s Infinite platform. Xendoo stated, “This step reflects our commitment to preserving important innovation and ensuring continuity for the firms and professionals who rely on this platform.”

What this means for Infinite users

Xendoo indicated that Infinite remains fully operational and current users will retain access to the platform without interruption.

The company also stated that its priority is to connect with Infinite users and provide support where needed. In its announcement, Xendoo stated that it’s focused on providing a stable environment where Infinite technology can evolve and support the community.

A reflection of a Strange New World

This sequence of events is a reminder of how quickly things can shift within the profession. A long-standing accounting technology provider announcing its closure, followed shortly by the acquisition of its core platform, highlights the pace of change that practices are navigating today. Moments like this echo the Strange New World focus of Scaling New Heights 2026, where accounting professionals will gather to better understand the forces reshaping the profession and gain practical guidance for moving ahead with clarity and confidence.

This article was written with the assistance of AI and edited by a human.