12/1/2021 AppCentrica, Inc.
{match score: 00} AppCentrica develops enterprise applications for large organizations. It is an elite team of technologists comprised of developers, software architects, project managers, and consultants. AppCentrica focuses on inventing new ways to achieve efficiency, growth, and risk mitigation for its customers through analytics, process automation, compelling customer experiences, and end-to-end integration. The company was founded in 2010 and is based in Toronto, Ontario.
ATOS SE NA NA NA
ATOS SE acquired AppCentrica Inc for an undisclosed amount. The acquisition enhances ATOS SE’s cloud application capabilities and expands its market presence in Canada. Founded in 2010, AppCentrica Inc is located in Toronto, Ontario, Canada and develops software solutions for organizations.
12/1/2021 Headspring LLC {match score: 00} Headspring provides a broad range of cloud services including platform architecture,
engineering, modernization, and product management. Accenture Plc NA NA NA
Accenture Plc acquired Headspring LLC for an undisclosed amount. The transaction would expand Accenture's service offerings and business capabilities. Founded in 2021, Headspring LLC is located in Austin, Texas, United States and offers software consulting and development services. It has around 90 employees.
11/30/2021 Bridgenet Solutions
Sdn. Bhd. {match score: 00} Bridgenet provides IT enterprise & security solutions, IT projects, and managed security services. Celcom Axiata Bhd. NA NA NA
Celcom Axiata Bhd acquired Bridgenet Solutions Sdn Bhd for an undisclosed amount. The acquisition helps Celcom Axiata to strengthen its position within the managed services, cloud and cybersecurity. Bridgenet Solutions Sdn Bhd is located in Malaysia and provides specializing in cybersecurity and networking solutions.
11/30/2021 SXiQ Pty Ltd.
{match score: 00} SXiQ Pty Ltd. provides
information technology services. Its services include cloud and technology strategy, cloud and technology implementation, and cloud and technology operations. The company is headquartered in Hawthorn East, Australia.
International Business Machines Corp.
NA NA NA
International Business Machines Corp acquired SXiQ Pty Ltd for an undisclosed amount. The acquisition would enhance International Business Machines Corp’s Cloud and AI strategy. SXiQ Pty Ltd is located in Melbourne, Victoria (VIC), Australia and provides information technology services. It has around 120 employees.
11/29/2021 Adiscope Corp. {match score: 00} Adiscope Corp. is a private company headquartered in the South Korea that provides software development and maintenance services.
TNK Factory Co.,
Ltd. NA NA NA
TNK Factory Co Ltd agreed to acquire Adiscope Corp for an undisclosed amount in stock. Under the terms, TNK Factory Co Ltd will issue 2,297,342 shares. Adiscope Corp is located in South Korea and engages in software development and maintenance services. The deal is expected to close on December 24, 2021.
11/29/2021 Optimum Networking, Inc.
{match score: 00} OPTIMUM NETWORKING is an IT company that provides IT infrastructure consultancy and cybersecurity services.
Meriplex Communications
Ltd.
NA NA NA
Meriplex Communications Ltd acquired Optimum Networking Inc for an undisclosed amount. The acquisition expands the market presence of Meriplex Communications Ltd in Colorado. Founded in 1995, Optimum Networking Inc is located in Aurora, Colorado, United States and provides information technology services.
Value ($M)
12/3/2021 ProVation Medical, Inc.
{match score: 00} Provation software solutions drive productivity in health systems, hospitals and ambulatory surgery centers by streamlining workflows for procedure documentation, and order set and care plan management.
Our innovative software helps maximize reimbursement and cost reductions, while improving clinical efficiency and patient outcomes. Provation’s product suite includes: Provation® MD, Provation® MultiCaregiver, Provation® Order Sets, Provation® Care Plans, and Provation® Clinic Note. Provation is headquartered in Minneapolis, MN and is owned by Clearlake Capital Group, L.P.
Fortive Corp. 1,425.0 NA NA
Fortive Corp entered into a definitive agreement to acquire ProVation Medical Inc, a portfolio company of Clearlake Capital Group LP, for US$1.4 billion in cash. The transaction will be funded through short term debt and available cash.
The transaction will bring extensive software development expertise and innovation capabilities to the advanced healthcare solutions (AHS) segment for hospitals and ambulatory surgical centers (ASCs) as mentioned by James A.
Lico, President and CEO of Fortive Corp. Founded in 1994, ProVation Medical Inc is located in Minneapolis, Minnesota, United States and provides software solutions for healthcare industry. The deal is subject to customary closing conditions and is expected to close by the end of 2021.
12/1/2021 Active Internet Technologies LLC
{match score: 05} finalsite, an East Hartford, CT-based online learning and communications platform for the education industry. Founded by Jon Moser, who has invested alongside Spectrum and will continue to lead the company as President and CEO, finalsite offers a
SaaS‐based, customized web platform to independent and public schools, colleges and organizations seeking to centralize and enhance their online learning and communications offerings.
Its software integrates with many existing technology providers and provides schools with a single interface to distribute all forms of digital content.
Veritas Capital Fund Management
LLC
NA NA NA
Veritas Capital Fund Management LLC signed a definitive agreement to acquire Active Internet Technologies LLC, doing business as Finalsite and a portfolio company of Bridge Growth Partners LLC, for an undisclosed amount. The deal expands Veritas Capital Fund Management LLC's portfolio. Active Internet Technologies LLC is located in Glastonbury, Connecticut, United States and provides web software services to schools, colleges and organizations. The deal is expected to close by December 31, 2021.
12/1/2021 Argon Security Ltd. {match score: 00} Argon is the first unified security solution protecting the integrity of your software throughout the entire DevOps pipeline.
Aqua Security
Software Ltd. NA NA NA
Aqua Security Software Ltd acquired Argon Security for an undisclosed amount. The acquisition enhances the business capabilities of Aqua Security Software Ltd. Founded in 2020, Argon Security is located in Tel Aviv, Israel and provides holistic security solution for software supply chain.
12/1/2021 CarbonFive, Inc.
{match score: 00} Carbon Five is a software design & development shop with a focus on web and mobile product development. With more than 19 years of experience building great products for startups, non-profit organizations and enterprise companies, they are uniquely positioned on the leading edge of technology and design, allowing them to make the wise technical and design decisions necessary for success.
West Monroe
Partners LLC NA NA NA
West Monroe Partners LLC acquired Carbon Five Inc for an undisclosed amount. The deal expands West Monroe Partners LLC's end-to-end digital services with respect to increased demand. Founded in 2000, Carbon Five Inc is located in San Francisco, California, United States and designs and builds web sites and mobile apps.
12/1/2021 ExpressTech International LLC
{match score: 00} Fishbowl Inventory is an inventory management system for small and medium-sized businesses. It is fully compatible with QuickBooks accounting software, and it is the most-requested application by QuickBooks users. Fishbowl helps companies track product manufacturing, movement, location and sales to increase efficiency and reduce supply-chain problems. It improves inventory accuracy through barcode software and hardware.
Fishbowl Manufacturing helps manufacturers create multilevel bills of materials and work orders. Fishbowl Mobile Warehouse lets wholesalers, distributors and retailers pick, pack and ship products quickly. It also allows them to constantly update their database so they know how much inventory they have on hand and when they need to order more. Fishbowl Inventory is a private company based in Orem, Utah. Many of its clients use its software in conjunction with their existing accounting software, such as QuickBooks. But others, such as Boeing, NASA and the
Diversis Capital
LLC NA NA NA
Diversis Capital LLC acquired ExpressTech International LLC, doing business as Fishbowl Inventory, for an undisclosed amount. The acquisition enhances the business capabilities of Diversis Capital LLC. Founded in 2001, ExpressTech International LLC is located in Orem, Utah, United States and develops and provides inventory control software solutions. It has around 200 employees.
12/1/2021 Feenics, Inc.
{match score: 00} Feenics is paving the way for the future of physical security with innovative cloud-based access control solutions developed by security industry veterans. We make it possible for organizations to systemically secure buildings, doors and assets with the only true access control as a service solution (ACaaS) built specifically for and hosted in the public cloud. Feenics works with leading access control manufacturers and integration partners to deliver the most robust solutions for secure, connected environments in the industry. Customers include enterprise organizations, educational institutions, government agencies and other organizations seeking to leverage the power of ACaaS today and into the future.
ACRE LLC NA NA NA
ACRE LLC, a portfolio company of Triton Investment Management Ltd acquired Feenics Inc for an undisclosed amount. The acquisition strengthens the portfolio opportunities of ACRE LLC and also helps in meeting the requirements of cloud based solutions. Feenics Inc is located in Canada and develops cloud-based access control platform for secure buildings, doors and assets. In separate but related transaction, ACRE LLC has also acquired Matrix Systems Inc, trading in the name of SGI Matrix.
Date
Value ($M) Revenue EBITDA
Value ($M)
12/1/2021 Fuze, Inc.
{match score: 00} Fuze, Inc. provides cloud-based unified communications services. It offers voice, collaboration, APIs and integrations, contact center, insights and platform. The company was founded by George Steven Kokinos and Derek T. Yoo in 2006 and is headquartered in Boston, MA.
Triton Investment
Management Ltd. 250.0 NA NA
8x8 Inc entered into a definitive agreement to acquire Fuze Inc for US$250 million in cash and stock, subject to certain adjustments. Under the terms of transaction, 8x8 Inc will pay US$130 million in cash and US$120 million in stock to Fuze Inc. The acquisition expands 8x8 Inc global presence and also enhances its service offerings. Fuze Inc is located in Boston Massachusetts, United States and provides cloud-based unified communications services. The transaction is subject to the satisfaction of regulatory approvals and other customary closing conditions and is expected to close 31 Mar 2022. The total revenue of Fuze Inc is $130M.
12/1/2021 Rievent
Technologies LLC
{match score: 00} Rievent Technologies is a Virginia-based healthcare technology company. It includes full activity management tools, certification management, multi-device mobility for on-the-go access to CME and CE activities, searchable activity catalog and events calendar, along with many self-service learner capabilities. The application simplifies tasks for both the learner and the CME/CE administrator with superb user-interface design, insightful dashboards, and automation that saves time for everyone.
HealthStream, Inc. 4.0 NA NA
HealthStream Inc acquired Rievent Technologies LLC for US$4 million in cash, subject to customary adjustments.
The acquisition expands the ecosystem of HealthStream Inc with Rievent Technologies LLC's continuing education management and delivery application, RieventTM. Rievent Technologies LLC is located in Virginia, United States and provides SaaS-based continuing education (CME/CE) management and delivery application solutions.
12/1/2021 Rival IQ Corp.
{match score: 00} Rival IQ is a
Software as a Service company based in Seattle that delivers impactful digital marketing analytics with a competitive edge. Rival IQ's mission is to make the increasingly complex and data‐
driven world of digital marketing easier, faster and more intelligent so marketers can do their jobs better and make a bigger impact on the business. With on‐demand analytics and reports, Rival IQ helps helps marketers win against the competition by arming them with the intelligence they need to reach their customers, improve digital initiatives, and illustrate marketing success. The Rival IQ team, led by veteran software entrepreneurs, comprises leading developers, marketers, data geeks and growth hackers.
Netbase Quid NA NA NA
Netbase Quid acquired Rival IQ Corp for an undisclosed amount. The acquisition would strengthens the capabilities of Netbase Quid in the segment of social media. Following the acquisition, Rival IQ will be now known as Rival IQ, a NetBase Quid company. Rival IQ Corp is located in Seattle, Washington, United States and provides social media and seo analytics for digital marketers.
11/30/2021 Armonica Retail Srl
{match score: 00} Part of Dassault Systèmes SA, Armonica Retail Srl is an Italian company located in Padova that develops retail planning software. The firm was founded in 2018 by Riccardo Proni and Simone Pozzi. Simone Pozzi has been the CEO since then. Centric Software, Inc. acquired Armonica Retail Srl on 30 Nov 21.
The company says this about itself: Armonica Retail provides fashion and specialty retailers powerful and easy-to- use cloud native planning solutions that embed more than 20 years of experience from the retail industry. With Armonica Planning, retailers can leverage the latest technology and planning best-practices to achieve stronger business performance and enable their digital transformation strategies
Centric Software,
Inc. NA NA NA
Centric Software Inc acquired Armonica Retail SRL for an undisclosed amount. The acquisition would allow Centric Software Inc's visibility and decision-making abilities across multiple levels of planning and execution. Founded in 2018 by two of the world's leading retail planning solution experts, Simone Pozzi and Riccardo Proni, Armonica Retail SRL is located in Milan, Italy and provides retail planning solution services.
11/30/2021 Clariondoor, Inc.
{match score: 00} ClarionDoor, LLC provides rating and quoting solutions for insurance organizations with a specific focus on embracing cloud technologies, industry standards, and a
software‐as‐a‐service (SaaS) delivery model.
The company was founded by an experienced team of insurance software experts committed to providing modern technology and excellent customer service to the insurance industry.
Zywave, Inc. NA NA NA
Zywave Inc, a portfolio company of Clearlake Capital Group LP and Aurora Management Partners LLC, acquired Clariondoor Inc for an undisclosed amount. The transaction strengthens the technology and insurance solutions of Zywave Inc. Founded in 2010, Clariondoor Inc is located in Santa Barbara, California, United States and develops web-based rating and quoting solutions to insurance organizations.
11/30/2021 Cloudalyze Solutions LLC
{match score: 00} Cloudalyze was founded with a vision to be the partner of choice for mid-market & large enterprise Salesforce.com customers. Cloudalyze has been providing Implementation & salesforce consulting services in a salesforce CRM platform, Salesforce.com ecosystem, Apps available on the AppExchange and, Integrations between Salesforce.com and external back-office process tools, like various external legacy ERP systems (Oracle, SAP), PLM Systems, Core Banking Systems, and many other systems.
Aurora Management Partners LLC
NA NA NA
Dynpro Inc acquired Cloudalyze Solutions LLC for an undisclosed amount. The acquisition strengthens the business capabilities of Dynpro Inc. Following the transaction, Cloudalyze’s team would join Dynpro Inc.Cloudalyze Solutions LLC is located in Santa Clara, California, United States and develops salesforce platform.
Date
Value ($M) Revenue EBITDA
11/30/2021 EastCoast Solutions AB
{match score: 00} EastCoast Solutions AB is a private company headquartered in Sweden that develops visitor management system software for a specific customer.
Clearlake Capital
Group LP 8.8 NA NA
Precise Biometrics AB acquired EastCoast Solutions AB and Besökssystem Sverige AB for SEK79.6 million (US$8.8 million) on a cash and debt free basis. Under the terms of the transaction Precise Biometrics AB made an upfront payment of SEK18 million (US$2 million) in cash and SEK6.6 million (US$0.7 million) through the issuance of 6,982,473 shares. The remaining SEK55 million (US$6 million) will be paid in cash in two installments. The deal expands Precise Biometrics AB's business operations. Founded in 1998, EastCoast Solutions AB is located in Sweden and develops visitor management system software for a specific customer. It generated over SEK16.8 million (US$1.8 million) revenues in FY21.
11/30/2021
GDI Gesellschaft für Datentechnik &
Informationssystem e mbH
{match score: 00} GDI Gesellschaft für Datentechnik & Informationssysteme mbH is a private company headquartered in Landau in der Pfalz, Germany. The firm provides ERP software solutions. It was founded in 1979.
Marc Zausig is the current CEO of the company.
Elvaston Capital Management
GmbH
NA NA NA
Elvaston Capital Management GmbH acquired GDI – Gesellschaft für Datentechnik und Informationssysteme GmbH for an undisclosed amount. The acquisition expands the business portfolio of Elvaston Capital Management GmbH.
Founded in 1979, GDI – Gesellschaft für Datentechnik und Informationssysteme GmbH is located in Germany and provides ERP software solutions services.
11/30/2021 intarsys GmbH
{match score: 00} intarsys GmbH is a private company headquartered in Karlsruhe, Germany. The firm develops software and solutions for electronic signatures and authentication. It was founded in 1996. Karl Kagermeier and Bernd Wild are the current co-CEOs of the company.
procilon IT-
Solutions GmbH NA NA NA
procilon IT-Solutions GmbH acquired an undisclosed majority stake in Intarsys GmbH for an undisclosed amount.
The acquisition enhances and expands the business portfolio of procilon IT-Solutions GmbH. Founded in 1996, Intarsys GmbH is located in Germany and provides software solutions services.
11/30/2021 Kiute SAS {match score: 00} Kiute is a private company headquartered in France that operates as an online platform for providing information of hairdressing salons.
Harald Quandt Industriebeteiligung
en GmbH
NA NA NA
Booksy Inc, a subsidiary of Booksy Group Corp, acquired Kiute taded as Flexycorp SAS for an undisclosed amount.
The acquisition expands the operation of Booksy Inc. Fonded in 2014, Kiute is located in France and operates as an online platform for providing information of hairdressing salons.
11/30/2021 Panda Tech {match score: 00} Panda Tech, part of Optimize Advertising And Marketing Co. Wll, is a Kuwaiti company. The firm operates as an online education company.
Optimize Advertising And Marketing Co. Wll
NA NA NA
Optimize Advertising And Marketing Co Wll, doing business as OptimizeApp, acquired Panda Tech, doing business as Panda Media KW for an undisclosed amount. The acquisition enables existing businesses to grow faster in the market. Following the acquisition, Panda Tech will now operate entirely under the name of OptimizeApp and Eid Almujaibel, The founder of Panda Tech will now serve as new Co-Founder and Chief Marketing Officer of OptimizeApp. Founded in 2018, Panda Tech is located in Kuwait and provides online courses for entrepreneurs.
11/30/2021 Priava Services Pty
Ltd. {match score: 00} Priava is a web based event & venue management software.
Ungerboeck Systems International, Inc.
NA NA NA
Ungerboeck Systems International Inc acquired Priava Services Pty Ltd for an undisclosed amount. The acquisition enhances the service offerings of Ungerboeck Systems International Inc. Priava Services Pty Ltd is located in Australia and provides cloud-based venue and event management services.
Value ($M)
11/29/2021
Global Study Partners Holdings
Pty Ltd
{match score: 00} Global Study Partners Holdings Pty Ltd, part of upGrad Education Pvt Ltd., is a company headquartered in Sydney, Australia. The firm provides online education services. It was acquired by upGrad Education Pvt Ltd. on 29 Nov 21 for $18.53 million.
The company says this about itself: Global Study Partners (GSP) is a leading B2B global EdTech marketplace for international student enrolments that works with 600+ Universities and Higher Education Institutes across the globe.
GSP empowers students around the world by providing access to the best educational choices when embarking on studying abroad. Founded in 2015, the firm is headquartered in Sydney, Australia and has placed international students from 22 different countries into key study destination markets including Australia, UK, Ireland, US and
upGrad Education
Pvt Ltd. 26.0 NA NA
upGrad Education Pvt Ltd acquired Global Study Partners Holdings Pty Ltd for AUD36.5 million (US$26 million) in cash and contingent. Under the terms of transaction, upGrad Education Pvt Ltd paid AUD22.5 million (US$16 million) in cash and AUD14 million (US$10 million) in contingent payout to Global Study Partners Holdings Pty Ltd. The acquisition expands upGrad Education Pvt Ltd's footprints geographically into Australian markets. Founded by Elaine Starkey in 2015, Global Study Partners Holdings Pty Ltd is located in Sydney, Australia and provides online education services.
11/29/2021 Opmantek Ltd.
{match score: 00} Opmantek is a company formed by the founders of NMIS who are passionate about NMIS and open source software. NMIS was the first network management system published in open source way back in 1998 and has grown heavily in feature set and user base to be one of the most robust and feature rich network management systems in the world.
FirstWave Cloud
Technology Ltd. 44.3 NA NA
FirstWave Cloud Technology Ltd agreed to acquire Opmantek Ltd for AUD62.2 million (US$44.3 million) in stock. The transaction will expand FirstWave Cloud Technology Ltd’s existing business operations and will enhance Opmantek’s software into FirstWave’s world’s first Open Security Management Platform. As part of the acquisition scrip-based offer will see the companies merge with Opmantek shareholders receiving 42% of the shares in the combined entity. Following the acquisition, all Opmantek staff and current product offerings will remain in place.
Founded on October 29, 2010, Opmantek Ltd is located in Bundall Gold Coast, Queensland (QLD), Australia and develops network management information system softwares. It has 26 employees. The transaction is expected to close on the 4th of January 2022.
11/29/2021
Polytex Technologies
GmbH
{match score: 00} Develops cloud management and monitoring applications for work wear laundries Polytex
Technologies Ltd. NA NA NA
Polytex Technologies Ltd acquired Polytex Technologies GmbH for an undisclosed amount. The acquisition expands the footprints of Polytex Technologies Ltd in Germany. Following the transaction, Ralf Schmaehling will join as General Manager of Polytex Technologies GmbH. Polytex Technologies GmbH is located in Bielefeld, Germany and provides workwear management solutions.
11/29/2021 Quest Software, Inc.
{match score: 04} Quest Software, now a part of Dell, is a developer of windows management, application management, virtualization management, and database
management software. They are a global provider to 130,000 companies across 100 countries, including 95% of the Fortune 500 and 90% of the Global 1000. So they have the experience to help them manage and protect their data, take control of their hybrid environments, keep track of all network‐connected devices, stay compliant and govern every identity across the enterprise.
Clearlake Capital
Group LP NA NA NA
Clearlake Capital Group LP entered into a defintitive agreement to acquire an undisclosed majority stake in Quest Software Inc, a portfolio company of Francisco Partners Management LP for an undisclosed amount. The transaction will be funded through commited debt financing from The Goldman Sachs Group, Inc, Morgan Stanley & Co. LLC, Barclays Plc, Merrill Lynch Capital Services, Inc, Credit Suisse Securities (USA) LLC, BMO Capital Markets Corp and Citigroup, Inc. The transaction expands Quest Software Inc's the business growth. Initially on November 28, 2021, Clearlake Capital Group LP was rumored to acquire Quest Software Inc from Francisco Partners Management LP for US$5.4 billion including assumed liabilities. Founded in 1987, Quest Software Inc is located in Aliso Viejo, California, United States and develops and distributes enterprise systems management & security software. The deal is expected to close by March 31, 2022.
11/27/2021
Finastra International Ltd.
/China Summit Business/
{match score: 00} Develops bank treasury management systems Hundsun
Technologies, Inc. 65.0 NA NA
CloudWing NetWork Technologies Co Inc, a subsidiary of Hundsun Technologies Inc, acquired the Summit business of Finastra International Ltd, a subsidiary of Finastra Group Holdings Ltd, for RMB415.4 million (US$65 million) in cash. The acquisition includes the franchise and exclusive licensed development rights of the Summit business, as well as the continuation to provide services to customers in China, of which are 17 long-term client banks as of September 2021. The transaction allows Hundsun Technologies Inc to enter the field of treasury management system for large and medium-sized banks, and improve its product line layout in the treasury management system. The Summit business is located in China, and is a bank treasury management system operating in Hong Kong, Macao, as well as Mainland China. In the financial year of 2020, the Summit business in China generated a total implementation revenue of RMB44.05 million (US$6.89 million).
