Nitin Khanna became CEO of MergerTech in 2009. Since then, Nitin Khanna has rebranded and relaunched the company and has led strategic negotiations for the company's highest value deals, including the sale of start-up Simple to banking giant BBVA.

2.  Nitin Khanna became CEO of MergerTech in
2009. Since then, Nitin Khanna has rebranded
and relaunched the company and has led
strategic negotiations for the company's
highest value deals, including the sale of start-up
Simple to banking giant BBVA.
In February of 2014, innovative online banking
start-up Simple announced its sale to the major
banking group BBVA of Madrid. The European
bank purchased Simple for a reported $117
million, a total that significantly surpasses the
buyout of any other recently established
Portland businesses.

3.  The acquisition drew Simple into BBVA's
U.S. subsidiary, Compass, yet insiders
report that the change will have minimal
impact on consumers or company
operations. Simple’s leadership affirmed
that it would retain its existing
management and operating structure
after the merger, but would have access
to additional resources.

4.  The BBVA merger has allowed Simple to
operate as a true bank. Before the
merger, Simple signed over customer
account holding to affiliate Bancorp, but
accounts post-merger will operate
through BBVA. Sources report that Simple
also plans to use BBVA's available
resources to fund additional expansion
and hire new personnel without adding
a fee structure.