Like NICE Norwegian Insurance Computer Environment AS

announced 12/9/2015 via GlobeNewswire

VITEC Software Group, will acquire NICE Norwegian Insurance Computer Environment AS

synopsis: Vitec Software Group AB (publ) has agreed to acquire 100 % of the Norwegian software company Nice Norwegian Insurance Computer Environment AS (Nice AS), whose product is an industry-specific software for insurance companies in Norway, Denmark and Sweden.
buyer: VITEC Software Group (OM:VIT B:$161.42)
Vitec Software Group (publ) is a software company that offers industry specific business applications on the Nordic market. Vitec, with operations in Sweden, Norway, Finland and Denmark is growing in the mature part of the software industry by consolidating vertical software segments. "
target: NICE Norwegian Insurance Computer Environment AS
Since its formation in 1987, Norwegian Insurance Computer Environment (NICE) has been dedicated to the development, implementation and operation of fully-integrated application software for insurance companies and associated organisations.
price ($mm)
$2.88
rev ($mm)
$3
EBITDA ($mm)
$0
EV / rev
0.9x
EV / EBITDA
9.3x
closed 9/22/2020 via BusinessWire

iPipeline, Inc., acquired Welis, LLC

synopsis: iPipeline, a leading provider of cloud-based software solutions for the life insurance and financial services industry, announced it has acquired WELIS, a premier provider of life insurance illustration systems to carriers in the US.
buyer parent: Roper Technologies, Inc.
buyer: iPipeline, Inc.
iPipeline is a leading provider of cloud-based software solutions for the life insurance and financial services industries. Through its SSG Digital, end-to-end platform, iPipeline accelerates and simplifies sales, compliance, operations, and support. "
target: Welis, LLC
WELIS is a premier provider of life insurance illustration systems supporting individual and group lines of business for carriers in the US. Its Ascent Illustration System is designed to help insurers sell and service customers in a multi-channel distribution environment.
price ($mm)
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closed 7/30/2019 via Company Press Release

RGI S.P.A., acquired Novum GmbH

synopsis: RGI, a European leader in the digital transformation of Insurers, announced that it has acquired 100% of NOVUM, a leading DACH solution provider specializing in the development of core systems for insurers.
buyer parent: Corsair Capital
buyer: RGI S.P.A.
RGI, of Milan, provides software products and technology services to the insurance industry. RGI is a provider of core systems to the insurance market, providing a comprehensive offering which addresses core insurance processes including policy administration, and market management. "
target: Novum GmbH
Novum provides innovative standard and customized software solutions for the international insurance industry. Novum’s solution portfolio comprises software platforms for individual applications such as inventory systems, property and performance, fees, collection, and fund and loan management.
price ($mm)
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closed 12/23/2015 via PE Hub

Main Capital Partners BV, acquired b+m Informatik AG

synopsis: Main Capital has acquired b+m Informatik AG (b+m), that develops innovative software for banks and insurance companies and serves the German financial sector as a full-service provider.
buyer: Main Capital Partners BV
Main Capital is a private equity investor with an exclusive focus on the software sector in the Benelux and Germany. Within this sector, it is the most specialized company in management buyouts and later-stage growth capital. "
target parent: Allgeier Holding AG
target: b+m Informatik AG
b+m Informatik AG is a maker of software for banks and insurance companies. b+m was founded in 1994 and serves its customers from its headquarters near Kiel (Hamburg), which currently has nearly 90 employees. b+m focuses on both banks and insurers.
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closed 11/23/2010 via BusinessWire

Prima Solutions, acquired Albiran

synopsis: Prima Solutions announces the acquisition of the Paris-based insurance software provider, Albiran. Albiran is the perfect complement to Prima Solutions’ product set and expertise. Together, Prima Solutions and Albiran form the one stop shop for insurance software.
buyer: Prima Solutions
Prima Solutions provides brokers, insurance, mutual insurance and reinsurance companies with complete software offering for Life, P&C, Large Commercial Risks and Reinsurance. "
target: Albiran
Albiran has provided web-based insurance software solutions to companies like Generali, Allianz, Altima, Gras Savoye and April Group to launch new insurance products, diversify their distribution networks, increase their customers’ satisfaction and optimize their operational efficiency.
price ($mm)
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announced 9/27/2010 via BusinessWire

Ebix, Inc., will acquire USIX Technology

synopsis: Ebix, Inc., a leading international supplier of On-Demand software and E-commerce services to the insurance industry, announced that it has signed an agreement to acquire Rio de Janeiro-based Insurance Exchange - USIX Technologies, Inc.
buyer: Ebix, Inc. (EBIX:$570.76)
Ebix, Inc. provides end-to-end solutions ranging from infrastructure exchanges, carrier systems, agency systems and BPO services to custom software development for all entities involved in the insurance industry. "
target: USIX Technology
USIX Technology is an exchange player in the Brazilian insurance markets, the Company provides Internet based sales solutions in an on-Demand manner to the insurance carriers and brokers in Brazil.
price ($mm)
$7.92
rev ($mm)
$3
EBITDA ($mm)
EV / rev
5.0x
EV / EBITDA
closed 1/11/2010 via BusinessWire

Ebix, Inc., acquired MCN Technology & Consulting

synopsis: Ebix, Inc., a leading international supplier of On-Demand software and E-commerce services to the insurance industry, announced that it has acquired Sao Paulo based MCN Technology & Consulting. MCN offers products and services for insurance companies, financial institutions and insurance brokers in
buyer: Ebix, Inc. (EBIX:$570.76)
Ebix, Inc. is a leading international supplier of software and e-commerce solutions to the insurance industry. Ebix provides a series of application software products for the insurance industry ranging from carrier systems, agency systems and exchanges to custom software development. "
target: MCN Technology & Consulting
Since its inception in 2001, MCN has focused itself on the insurance industry through its portfolio of products and services for insurance companies, financial institutions and insurance brokers.
price ($mm)
$3.10
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/23/2009 via BusinessWire

UniRisX, LLC, acquired UniRisX, Ltd.

synopsis: UniRisX, LLC announced the successful acquisition of UniRisX Ltd, the leading SaaS provider of global insurance services, and concurrent formation of parent company UniRisX, LLC.
buyer: UniRisX, LLC
UniRisX, LLC was formed for the specific purpose of acquiring UniRisX, Ltd. "
target: UniRisX, Ltd.
UniRisX, LLC is the world’s leading global provider of SaaS insurance solutions with 15 global clients with a user base in nine countries and five continents.
price ($mm)
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announced 11/10/2008 via BusinessWire

Ebix, Inc., will acquire ConfirmNet Corporation

synopsis: Ebix, Inc., a leading international developer and supplier of software and e-commerce solutions to the insurance industry, announced that it has signed an agreement to acquire San Diego based ConfirmNet Corporation effective November 1, 2008.
buyer: Ebix, Inc. (EBIX:$570.76)
Ebix, Inc. is a leading international supplier of software and e-commerce solutions to the insurance industry. Ebix provides a series of application software products for the insurance industry ranging from carrier systems, agency systems and exchanges to custom software development. "
target: ConfirmNet Corporation
ConfirmNet Corporation offers Web-based software solutions that automate and manage the issuance and/or tracking of certificates of insurance (COI).
price ($mm)
$7.36
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/8/2008 via BusinessWire

Envision Technology Solutions, acquired Claims Harbor

synopsis: Peak Performance Solutions, Inc. has completed the acquisition of Claims Harbor www.claimsharbor.com, which provides insurance applications and services to the property & casualty insurance industries. Claims Harbor was a business unit of Harbor Payments, acquired by American Express in 2007.
buyer parent: Peak Performance Solutions
buyer: Envision Technology Solutions
Envision Technology Solutions provides a broad array of RMIS tools for professionals in the fields of risk management, claims administration, and safety. Our tools are in use by self-funded (self-insured) and/or self-administered organizations that are leaders in their industries. "
target parent: American Express Company
target: Claims Harbor
Claims Harbor is the insurance automation and disbursement unit of Harbor Payments, Inc., a leading provider of electronic presentment and payment solutions. Claims Harbor focuses on deploying electronic claims processing, reporting and disbursement applications to its customers.
price ($mm)
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closed 1/19/2006 via BusinessWire

Peak Performance Solutions, acquired PolicyPointe

synopsis: Peak Performance, a leading provider of insurance technology solutions and services for the property and casualty insurance industry, announces the acquisition of PolicyPointe.
buyer: Peak Performance Solutions
Peak Performance Solutions offers comprehensive, end-to-end insurance software and technology solutions in the areas of workers’ compensation claims processing, risk management claims administration, managed care tracking and backend policy administration. "
target: PolicyPointe
PolicyPointe is a Web-based software system that was developed to provide an innovative solution to manage policy workflow while reducing administrative costs and improving customer service for high-volume lines of coverage.
price ($mm)
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closed 9/5/2006 via BusinessWire

Accenture, acquired NaviSys

synopsis: Accenture has completed its previously announced acquisition of NaviSys, a privately held company that specializes in software solutions for the North American life insurance industry.
buyer: Accenture (ACN:$44,327.04)
Accenture is a global management consulting, technology services and outsourcing company. Accenture collaborates with clients to help them become high performance businesses and governments. "
target: NaviSys
NaviSys was founded on the belief that innovative technology, wisely applied, could help dramatically improve the way insurance companies operate. With a deep understanding of the insurance industry, NaviSys launched its first software products more than two decades ago.
price ($mm)
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closed 8/10/2006 via PR Newswire

ChoicePoint, Inc., acquired Steel Card, LLC

synopsis: ChoicePoint,announced the acquisition of California-based Steel Card, LLC and its award-winning Apogee product line. Terms of the acquisition were not disclosed. Steel Card and its products will be integrated into ChoicePoint's insurance software and process outsourcing business, Insurity, based in Hartford, Connecticut.
buyer: ChoicePoint, Inc. (CPS:$0.00)
ChoicePoint helps businesses, government agencies and nonprofit organizations make better decisions through information and technology solutions. "
target: Steel Card, LLC
Steel Card is a privately held software company focused on creating solutions for the Property & Casualty insurance marketplace.
price ($mm)
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closed 5/12/2015 via BusinessWire

Insurity, Inc, acquired Oceanwide Inc.

synopsis: Insurity, Inc., a provider of core insurance processing and data integration and analysis solutions, announced its acquisition of Montreal, Quebec based insurance software firm Oceanwide, Inc. Since 1996, Oceanwide has been delivering SaaS core processing solutions to property and casualty insurers of all sizes across the globe.
buyer: Insurity, Inc
Insurity, Inc. enables property & casualty insurers to modernize their enterprise and achieve their business goals. Insurity’s core processing applications and data integration and analysis solutions are backed by rich insurance expertise. "
target: Oceanwide Inc.
Oceanwide delivers SaaS core processing solutions to property and casualty insurers of all sizes across the globe. Their configurable insurance software solutions enable insurers to react to market changes, configure new products and manage their products with increased speed and lower costs.
price ($mm)
rev ($mm)
EBITDA ($mm)
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EV / EBITDA
closed 2/5/2020 via Company Press Release

Insurance Technologies Corporation, acquired Agency Matrix

synopsis: Insurance Technologies Corporation (ITC), a provider of websites, marketing, comparative rating and management software and services, has acquired Agency Matrix, an insurance technology provider. Agency Matrix offers a cloud-based agency management system that allows insurance agencies to effectively manage their book of business, staff and office.
buyer parent: Accel-KKR
buyer: Insurance Technologies Corporation
Insurance Technologies Corporation (ITC) provides websites, agency marketing, comparative rating, and management software and services to the insurance industry. ITC helps its clients grow their businesses and become more efficient through the philosophy of providing quality software and services. "
target: Agency Matrix
Agency Matrix is an insurance technology provider. Agency Matrix offers a cloud-based agency management system that allows insurance agencies to effectively manage their book of business, staff and office. Agency Matrix also offers custom websites, document management and virtual employee solutions.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
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closed 11/2/2005 via BusinessWire

Fiserv, Inc., acquired Xcipio, Inc.

synopsis: Fiserv, Inc. has acquired Xcipio, Inc., a Web-based insurance rating and automation solution provider, as part of its plan to expand its technological footprint in the insurance industry. The acquisition will allow Fiserv to provide Web-based comparative insurance rates directly from insurance carriers to producers in real time.
buyer: Fiserv, Inc. (FISV:$10,187.00)
Fiserv, Inc. provides information management systems and services to the financial and insurance industries. Leading services include transaction processing, outsourcing, business process outsourcing software and systems solutions. "
target: Xcipio, Inc.
Xcipio’s flagship product called XcelerRator, is providing independent insurance agents and their carriers with the industry’s first successful automated, single entry system that provides real time quoting, underwriting, tiering and straight through processing.
price ($mm)
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closed 8/31/2005 via BusinessWire

Fiserv, Inc., acquired VerticalPoint, Inc.

synopsis: Fiserv Inc. (Nasdaq:FISV) announced today that it has acquired VerticalPoint, Inc., a provider of underwriting software to the life and health insurance market. The acquisition will allow Fiserv's Insurance Solutions Group to offer a Web-based, new-business workflow portal solution to life insurance carriers.
buyer: Fiserv, Inc. (FISV:$10,187.00)
Fiserv, Inc. provides information management systems and services to the financial and insurance industries. Leading services include transaction processing, outsourcing, business process outsourcing software and systems solutions. "
target: VerticalPoint, Inc.
VerticalPoint, Inc. is a premier solutions provider for the insurance industry. The company has offered insurance industry related software products, business underwriting system solutions and consulting services since 1987.
price ($mm)
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EBITDA ($mm)
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announced 8/11/2020 via BusinessWire

Fineos, will acquire Limelight Health

synopsis: Ireland-based FINEOS Corporation will acquire Limelight Health, a leading provider of quoting, rating, and underwriting solutions for group and voluntary employee benefits. The union will provide an end-to-end SaaS core product suite from quote, rate, and underwrite through to billing, policy administration, absence, and claims management.
buyer: Fineos (:$86.95)
Ireland-based FINEOS is a market leader in core systems for life, accident, and health insurance carriers globally. The FINEOS Platform, powered by Amazon Web Services, provides customers full end to end core administration for group, voluntary, and individual across life, accident, and health. "
target: Limelight Health
Limelight Health is a leading provider of cloud-based enterprise software solutions delivering the most efficient quoting, rating, and underwriting solutions for employee benefits insurers. The company provides process automation and seamless integration for new business acquisition.
price ($mm)
$75
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 7/10/2020 via BusinessWire

Insurity, Inc, acquired Virtual MGA

synopsis: Insurity, Inc., a leading provider of cloud-based core system solutions and data analytics for insurers, brokers, and MGAs, has acquired Virtual MGA, provider of a leading cloud-based binding authority underwriting and distribution solution. The deal further expands Insurity’s cloud-based core systems offerings for the MGA and broker markets.
buyer parent: GI Partners
buyer: Insurity, Inc
Insurity is a leading provider of cloud-based core system solutions and data analytics for the world’s largest insurers, brokers, and MGAs (managing general agent). Through its best-in-class digital platform, Insurity is trusted by 15 of the top 25 property/casualty carriers in the US. "
target: Virtual MGA
Virtual MGA offers a leading cloud-based binding authority underwriting and distribution solution for the largest wholesale brokers, syndicates, and MGAs, with a significant focus on the Lloyd’s of London, and US excess and surplus markets.
price ($mm)
rev ($mm)
EBITDA ($mm)
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closed 1/8/2020 via PR Newswire

Aquiline Capital Partners, acquired Ontellus

synopsis: Aquiline Capital Partners, a private equity firm based in New York and London, acquired a majority ownership stake in Ontellus, a leader in outsourced records retrieval. Ontellus empowers insurance carriers, self-insured corporations and law firms to reduce costs, make informed decisions and accelerate claims resolution.
buyer: Aquiline Capital Partners
Aquiline Capital Partners, founded in 2005, is a private equity firm based in New York and London investing in businesses across the financial services sector in banking and credit, insurance, investment management, and financial technology and services. "
target parent: CapStreet Partners
target: Ontellus
Ontellus empowers insurance carriers, self-insured corporations and law firms to reduce costs, make informed decisions and accelerate claims resolution. Ontellus is one of the nation's largest, privately-held data retrieval and claims intelligence provider.
price ($mm)
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announced 12/9/2015 via GlobeNewswire

VITEC Software Group, will acquire NICE Norwegian Insurance Computer Environment AS

synopsis: Vitec Software Group AB (publ) has agreed to acquire 100 % of the Norwegian software company Nice Norwegian Insurance Computer Environment AS (Nice AS), whose product is an industry-specific software for insurance companies in Norway, Denmark and Sweden.
buyer: VITEC Software Group (OM:VIT B:$161.42)
Vitec Software Group (publ) is a software company that offers industry specific business applications on the Nordic market. Vitec, with operations in Sweden, Norway, Finland and Denmark is growing in the mature part of the software industry by consolidating vertical software segments. "
target: NICE Norwegian Insurance Computer Environment AS
Since its formation in 1987, Norwegian Insurance Computer Environment (NICE) has been dedicated to the development, implementation and operation of fully-integrated application software for insurance companies and associated organisations.
price ($mm)
$2.88
rev ($mm)
$3
EBITDA ($mm)
$0
EV / rev
0.9x
EV / EBITDA
9.3x
closed 10/21/2020 via BNC Analysis

VITEC Software Group, acquired NexGolf

synopsis: Vitec Software Group AB (publ), the market leader for Vertical Market Software in the Nordic region, has acquired NexGolf Oy, a Finnish provider of enterprise-management systems for golf courses. NexGolf provides a web-based course management system that features tee time booking, competition management, membership management, billing and more.
buyer: VITEC Software Group (OM:VIT B:$161.42)
Vitec is the market leader for Vertical Market Software in the Nordic region. They develop and deliver standard niche software. Vitec grows through acquisitions of well-managed and well-established software companies. Their employees are based in Denmark, Finland, Norway and Sweden. "
target: NexGolf
NexGolf is a Finnish provider of enterprise-management systems for golf courses. NexGolf provides a web-based course management system that includes tee time booking, competition management, live scoring, membership management, playing rights management, billing and messaging features.
price ($mm)
rev ($mm)
$1
EBITDA ($mm)
$0
EV / rev
0.0x
EV / EBITDA
0.0x
closed 6/17/2020 via BNC Analysis

VITEC Software Group, acquired Appva

synopsis: Nasdaq company Vitec Software Group acquires all shares in the Swedish software company Appva. Appva AB provides the product Medication and Care Support System, MCSS, which is a system for mobile and digital signing of medication in municipal care. Appva is located in Sweden.
buyer: VITEC Software Group (OM:VIT B:$161.42)
Vitec is market leader for Vertical Market Software in the Nordic region. They develop and deliver standard niche software. Vitec grows through acquisitions of well-managed and well-established software companies. Their employees are based in Denmark, Finland, Norway and Sweden. "
target: Appva
Appva AB provides the product Medication and Care Support System, MCSS, which is a system for mobile and digital signing of medication in municipal care. The product was launched in 2012 and is used by about 100 customers in Sweden, most of which are municipalities.
price ($mm)
rev ($mm)
$2
EBITDA ($mm)
EV / rev
0.0x
EV / EBITDA
closed 4/22/2020 via Company Press Release

VITEC Software Group, acquired LJ System

synopsis: Vitec Software Group AB is strengthening its Nordic position in Vertical Market Software through the acquisition of the Swedish software company LJ System AB. The software company LJ System has its headquarters in Lund, Sweden, and offers products for church-related administration services and preschools.
buyer: VITEC Software Group (OM:VIT B:$161.42)
Vitec is market leader for Vertical Market Software in the Nordic region. They develop and deliver standard niche software. Vitec grows through acquisitions of well-managed and well-established software companies. Their employees are based in Denmark, Finland, Norway and Sweden. "
target: LJ System
The software company LJ System has its headquarters in Lund, Sweden, and offers products for church-related administration services and preschools. The product Fas Församlingsadministration is a module-based enterprise-management system that is used by about 300 parishes.
price ($mm)
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closed 3/18/2020 via BNC Analysis

VITEC Software Group, acquired ALMA Consulting Oy

synopsis: Vitec Software Group AB is strengthening its Nordic position in Vertical Market Software by acquiring all shares in the Finnish software company ALMA Consulting Oy. ALMA Consulting develops and delivers information management software for the processing industry and energy companies in Finland.
buyer: VITEC Software Group (OM:VIT B:$161.42)
Vitec is market leader for Vertical Market Software in the Nordic region. They develop and deliver standard niche software. Vitec grows through acquisitions of well-managed and well-established software companies. Their employees are based in Denmark, Finland, Norway and Sweden. "
target: ALMA Consulting Oy
ALMA Consulting develops and delivers information management software for the processing industry and energy companies in Finland. ALMA develops, markets, delivers and maintains ALMA® engineering and knowledge and maintenance management systems.
price ($mm)
rev ($mm)
$3
EBITDA ($mm)
$1
EV / rev
0.0x
EV / EBITDA
0.0x
closed 1/30/2020 via BNC Analysis

VITEC Software Group, acquired Visiolink ApS

synopsis: Vitec Software Group AB is strengthening its Nordic position in Vertical Market Software through the acquisition of all shares in the Danish software company Visiolink. Visiolink offers a publishing system for digital versions of print media, such as newspapers, with a focus on media companies.
buyer: VITEC Software Group (OM:VIT B:$161.42)
Vitec is market leader for Vertical Market Software in the Nordic region. They develop and deliver standard niche software. Vitec grows through acquisitions of well-managed and well-established software companies. Their employees are based in Denmark, Finland, Norway and Sweden. "
target: Visiolink ApS
Visiolink offers a publishing system for digital versions of print media, such as newspapers, with a focus on media companies. Visiolink currently has about 200 customers in 9 European countries, where the Nordic countries account for a large portion of sales.
price ($mm)
rev ($mm)
$7
EBITDA ($mm)
$2
EV / rev
0.0x
EV / EBITDA
0.0x
closed 6/12/2019 via Company Press Release

VITEC Software Group, acquired Odin Systemer AS

synopsis: Vitec Software Group, a leader in the Nordic market for Vertical Market Software, announces the acquisition of the Norwegian software company, Odin Systemer AS. Odin Systemer AS develops and delivers software solutions for business and data management, marketed through their FixIT brand, to Norwegian hairdressing and beauty companies.
buyer: VITEC Software Group (OM:VIT B:$161.42)
Vitec is a market leader for Vertical Market Software in the Nordic region. They develop and deliver standard niche software. The Group's overall processes together with the employees' in-depth knowledge of the customer's local market enables continuous improvement and innovation. "
target: Odin Systemer AS
Odin Systemer AS develops and delivers market-leading software solutions for business and data management, marketed through their FixIT brand. As a leading supplier to Norwegian hairdressing and beauty companies, they work in partnership with customers to develop their businesses.
price ($mm)
rev ($mm)
$7
EBITDA ($mm)
$1
EV / rev
0.0x
EV / EBITDA
0.0x
closed 5/8/2019 via Company Press Release

VITEC Software Group, acquired Wims

synopsis: Vitec Software Group AB (publ), the market leader for Vertical Market Software in the Nordic region, has acquired Web Insurance Management Systems AS (WIMS), a Norwegian software company focused on the insurance industry. WIMS offers a software solution that coordinates insurance products to enhance competitiveness and targeting.
buyer: VITEC Software Group (OM:VIT B:$161.42)
Vitec is a market leader for Vertical Market Software in the Nordic region. Based in Sweden, they develop and deliver standard niche software. Vitec's process combines with the employees' in-depth knowledge of customer's local market enables continuous improvement and innovation. "
target: Wims
Web Insurance Management Systems AS (WIMS) is a Norwegian software company focused on the insurance industry. WIMS offers an up-to-date enterprise suite, portal, and business intelligence solution that coordinates insurance products to enhance competitiveness and targeting.
price ($mm)
rev ($mm)
$3
EBITDA ($mm)
$1
EV / rev
0.0x
EV / EBITDA
0.0x
announced 3/6/2019 via Company Press Release

VITEC Software Group, will acquire Avoine OY

synopsis: Sweden's Vitec Software Group will be strengthening its position in the Nordic market for Vertical Software, through the acquisition of the Finnish software company, Avoine Oy. Avoine's product is aimed for sports associations and trade unions in Finland.
buyer: VITEC Software Group (OM:VIT B:$161.42)
Vitec is a market leader for Vertical Market Software in the Nordic region. Based in Sweden, they develop and deliver standard niche software. Vitec's process combines with the employees' in-depth knowledge of customer's local market enables continuous improvement and innovation. "
target: Avoine OY
Avoine Oy is a Finnish software company whose product is designed for sports associations and trade unions in Finland. The software enables their customers to find new ways to serve their members digitally and is specifically designed for organizations that serve personal members.
price ($mm)
rev ($mm)
$29
EBITDA ($mm)
$6
EV / rev
0.0x
EV / EBITDA
0.0x
closed 5/31/2018 via GlobeNewswire

VITEC Software Group, acquired Cito IT A/S

synopsis: Vitec Software Group, a Nordic software company that develops and delivers standardized software for industry specific needs, has acquired Cito IT A/S, an IT supplier for Danish pharmacies. Their C2 system is the 2nd generation of the company's main product - a software platform that addresses Danish pharmacists' needs for IT.
buyer: VITEC Software Group (OM:VIT B:$161.42)
Vitec Software Group AB (publ) is a Nordic software company that develops and delivers standardised software for industry specific needs. The Group has operations in Sweden, Denmark, Finland and Norway and grows in the mature part of the software industry by consolidating vertical software segments."
target: Cito IT A/S
Cito IT A/S is an IT supplier for Danish pharmacies. The C2 system is the 2nd generation of the company's main product - a software platform that addresses Danish pharmacists' needs for IT.
price ($mm)
rev ($mm)
$4
EBITDA ($mm)
$1
EV / rev
0.0x
EV / EBITDA
0.0x
closed 4/25/2018 via GlobeNewswire

VITEC Software Group, acquired Agrando

synopsis: Vitec Software Group AB, a Nordic software company that develops and delivers standardized software for industry specific needs, has acquired Agrando AS, a company that provides software for religious organizations. They offer software for employee and volunteer scheduling and various church functions. Agrando is based in Norway.
buyer: VITEC Software Group (OM:VIT B:$161.42)
Vitec Software Group AB (publ) is a Nordic software company that develops and delivers standardised software for industry specific needs. The Group has operations in Sweden, Denmark, Finland and Norway and grows in the mature part of the software industry by consolidating vertical software segments."
target: Agrando
Agrando AS provides software for religious organizations. They offer software for employee and volunteer scheduling and various church functions. The company was founded in 1994 and is based in Sandnes, Norway.
price ($mm)
rev ($mm)
$5
EBITDA ($mm)
EV / rev
0.0x
EV / EBITDA
announced 7/6/2017 via GlobeNewswire

VITEC Software Group, will acquire MV-Nordic A/S

synopsis: Vitec Software Group AB agreed to acquire all shares in the Danish software company MV-Nordic A/S. The company offers software for the education sector in Denmark, Norway and Sweden. The main product is a cloud-based service for people with difficulties reading.
buyer: VITEC Software Group (OM:VIT B:$161.42)
Vitec Software Group AB (publ) is a Nordic software company that develops and delivers standardised software for industry specific needs. The Group has operations in Sweden, Denmark, Finland and Norway and grows in the mature part of the software industry by consolidating vertical software segments."
target: MV-Nordic A/S
MV-Nordic is the leading supplier of mainstream and assistive reading and writing tools for education and communication. Their main product, IntoWords, offers advanced literacy support through comprehensive, state-of-the-art text-to-speech word prediction technology.
price ($mm)
rev ($mm)
$17
EBITDA ($mm)
$2
EV / rev
0.0x
EV / EBITDA
0.0x
announced 9/7/2016 via GlobeNewswire

VITEC Software Group, will acquire FuturSoft Oy

synopsis: Vitec Software Group AB, a Nordic software company that develops and delivers standardized software for industry specific needs, agreed to acquire 100% of the shares in the Finnish software company Futursoft OY, specialized in software for the automotive and machinery industries.
buyer: VITEC Software Group (OM:VIT B:$161.42)
Vitec Software Group AB (publ) is a Nordic software company that develops and delivers standardised software for industry specific needs. The Group has operations in Sweden, Denmark, Finland and Norway and grows in the mature part of the software industry by consolidating vertical software segments."
target: FuturSoft Oy
FuturSoft Oy is a provider of leading software solutions for automotive companies. Their software contains all common features needed for operations management, such as POS operations, order processing, invoicing, inventory management, accounting, reporting, etc.
price ($mm)
rev ($mm)
$4
EBITDA ($mm)
$1
EV / rev
0.0x
EV / EBITDA
0.0x
announced 7/1/2016 via BNC Analysis

Xlent AB, will purchase Vitec Veriba AB from VITEC Software Group

synopsis: Vitec has agreed with XLENT Consulting Holding AB on the sale of the shares of Vitec AB Veriba which constitutes Vitec Media business. The business, with sales of approximately SEK 9 million per year, mainly includes custom application development, and has a significantly higher share of services sales than other parts of Vitec.
buyer: Xlent AB
XLENT is a proud IT consulting organization that combines the large company's strength and ability with a local company and commitment. XLENT focuses on IT Management, Digital Business Solutions and IT consulting services and commitments. "
seller: VITEC Software Group (OM:VIT B:$161.42)
Vitec AB Veriba constitutes Vitec Media business. The business, with sales of approximately SEK 9 million per year, mainly includes custom application development, and has a significantly higher share of services sales than other parts of Vitec.
price ($mm)
rev ($mm)
$1
EBITDA ($mm)
EV / rev
0.0x
EV / EBITDA
announced 12/9/2015 via GlobeNewswire

VITEC Software Group, will acquire NICE Norwegian Insurance Computer Environment AS

synopsis: Vitec Software Group AB (publ) has agreed to acquire 100 % of the Norwegian software company Nice Norwegian Insurance Computer Environment AS (Nice AS), whose product is an industry-specific software for insurance companies in Norway, Denmark and Sweden.
buyer: VITEC Software Group (OM:VIT B:$161.42)
Vitec Software Group (publ) is a software company that offers industry specific business applications on the Nordic market. Vitec, with operations in Sweden, Norway, Finland and Denmark is growing in the mature part of the software industry by consolidating vertical software segments. "
target: NICE Norwegian Insurance Computer Environment AS
Since its formation in 1987, Norwegian Insurance Computer Environment (NICE) has been dedicated to the development, implementation and operation of fully-integrated application software for insurance companies and associated organisations.
price ($mm)
$2.88
rev ($mm)
$3
EBITDA ($mm)
$0
EV / rev
0.9x
EV / EBITDA
9.3x
announced 7/2/2015 via GlobeNewswire

VITEC Software Group, will acquire Infoeasy AS

synopsis: Vitec Software Group AB has agreed to acquire 100 % of the Norwegian software company Infoeasy AS, a specialist company that develops and sells ERP software. Info Easy AS offers total solutions including courses and training, consultancy services and support.
buyer: VITEC Software Group (OM:VIT B:$161.42)
Vitec Software Group (publ) is a software company that offers industry specific business applications on the Nordic market. The Company, with operations in Sweden, Norway, Finland and Denmark is growing in the mature part of the software industry by consolidating vertical software segments. "
target: Infoeasy AS
Info Easy AS is a specialist company that develops and sells ERP software. Info Easy AS offers total solutions including courses and training, consultancy services and support.
price ($mm)
$1.93
rev ($mm)
$3
EBITDA ($mm)
$0
EV / rev
0.7x
EV / EBITDA
8.0x
closed 7/1/2015 via GlobeNewswire

VITEC Software Group, acquired Datamann A/S

synopsis: Vitec Software Group AB has agreed to acquire 100 % of the Danish software company Datamann A/S, whose main product is an industry-specific software for the Danish car industry.
buyer: VITEC Software Group (OM:VIT B:$161.42)
Vitec Software Group (publ) is a software company that offers industry specific business applications on the Nordic market. The Company, with operations in Sweden, Norway, Finland and Denmark is growing in the mature part of the software industry by consolidating vertical software segments. "
target: Datamann A/S
Datamann A/S, headquartered in Søborg with a branch office in Fredericia, delivers industry-specific software to the Danish market. Their four lines of software products are designed for car dealers and repair shops, law, company administration and feed mills.
price ($mm)[EV]
$6.64 [$5.23]
rev ($mm)
$4
EBITDA ($mm)
$1
EV / rev
1.2x
EV / EBITDA
8.1x
announced 3/4/2015 via GlobeNewswire

VITEC Software Group, will acquire Fox Publish AS

synopsis: Vitec Software Group AB (publ) has agreed to acquire 100% stake in the software company Fox Publish AS and its Swedish sister company Adservice AB. The two companies offer a publishing system for real estate agents.
buyer: VITEC Software Group (OM:VIT B:$161.42)
Vitec Software Group AB is a software company that offers industry-specific business applications. Vitec provides software for real estate companies, realtors, energy companies, insurance brokers and yellow page publishers. "
target: Fox Publish AS
Fox Publish AS and Adservice Scandinavia AB delivers a publishing system for the Norwegian and Swedish real estate agent markets. The system enables efficient production and publication of all marketing materials as the real estate agent need in their sales process.
price ($mm)
$1.84
rev ($mm)
$4
EBITDA ($mm)
EV / rev
0.8x
EV / EBITDA
announced 4/24/2014 via BNC Analysis

VITEC Software Group, will acquire AutoData Norge AS

synopsis: Vitec Software Group AB has agreed to acquire a 100% stake in Autodata Norge AS, a software company that delivers an industry specific Enterprise Resource Planning platform with support for sales, purchasing, inventory control, invoicing, accounting and salary. Customers include importers, wholesalers, distributors, retailers, and workshops.
buyer: VITEC Software Group (OM:VIT B:$161.42)
Vitec Software Group AB is a software company that offers industry-specific business applications. Vitec provides software for real estate companies, realtors, energy companies, insurance brokers and yellow page publishers. "
target: AutoData Norge AS
Software company Autodata Norway AS, which started in 1979, delivers an industry specific Enterprise Resource Planning platform with support for sales, purchasing, inventory control, invoicing, accounting and salary. Customers include importers, wholesalers, distributors, retailers, and workshops.
price ($mm)
$5.57
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 12/25/2013 via BNC Analysis

VITEC Software Group, will acquire Acute FDS Ltd

synopsis: Vitec Software Group AB, a Swedish software company, signed an agreement to acquire FD Systems Oy, a Finnish third largest supplier of patient information software.
buyer: VITEC Software Group (OM:VIT B:$161.42)
Vitec Software Group AB is a software company that offers industry-specific business applications. Vitec provides software for real estate companies, realtors, energy companies, insurance brokers and yellow page publishers. "
target: Acute FDS Ltd
Acute healthcare information systems is a specialized software company whose roots go back to 1987. Their mission is to produce, deliver and maintain a user-friendly information systems for healthcare professionals.
price ($mm)
$16
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 12/9/2015 via GlobeNewswire

VITEC Software Group, will acquire NICE Norwegian Insurance Computer Environment AS

synopsis: Vitec Software Group AB (publ) has agreed to acquire 100 % of the Norwegian software company Nice Norwegian Insurance Computer Environment AS (Nice AS), whose product is an industry-specific software for insurance companies in Norway, Denmark and Sweden.
buyer: VITEC Software Group (OM:VIT B:$161.42)
Vitec Software Group (publ) is a software company that offers industry specific business applications on the Nordic market. Vitec, with operations in Sweden, Norway, Finland and Denmark is growing in the mature part of the software industry by consolidating vertical software segments. "
target: NICE Norwegian Insurance Computer Environment AS
Since its formation in 1987, Norwegian Insurance Computer Environment (NICE) has been dedicated to the development, implementation and operation of fully-integrated application software for insurance companies and associated organisations.
price ($mm)
$2.88
rev ($mm)
$3
EBITDA ($mm)
$0
EV / rev
0.9x
EV / EBITDA
9.3x
closed 11/11/2020 via BNC Analysis

Apse Capital Limited, acquired TerraQuest

synopsis: TerraQuest Solutions has been acquired by Apse Capital, a London-based private equity group. TerraQuest is an established provider of Land Referencing, Development Planning, Geographic Information Systems, Data Management and fully outsourced Business Process solutions to both the Public and Private sector, spanning over 40 years.
buyer: Apse Capital Limited
Apse Capital Limited, headquartered in London, is a new independent European private equity group. Apse Capital specialises in buyout and development capital investment opportunities, partnering with high-quality management teams to grow businesses, either organically or through acquisition. "
target parent: Mears Group PLC
target: TerraQuest
TerraQuest is an established provider of Land Referencing, Development Planning, Geographic Information Systems, Data Management and fully outsourced Business Process solutions to both the Public and Private sector, spanning over 40 years.
price ($mm)
$81
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 11/11/2020 via Company Press Release

VHV Gruppe, will acquire Eucon

synopsis: Vereinigte Hannoversche Versicherung (VHV Gruppe), a leading insurance and reinsurance company in Germany, will acquire a majority stake in Eucon Group from Hg, Europe’s leading software investor. Eucon is a global provider of best-in-class information and data-based systems for product management in the automotive aftermarket.
buyer: VHV Gruppe
Vereinigte Hannoversche Versicherung (VHV Gruppe) is a leading insurance and reinsurance company in Germany. VHV Gruppe provides auto, liability, accident, home, and construction insurance services. Their auto insurance covers cars, motorcycles, RVs, trikes, and quads. "
target parent: HgCapital
target: Eucon
Eucon is a global provider of best-in-class information and data-based systems for efficient product management in the automotive aftermarket. Eucon also provides claims management solutions for insurers and invoice management solutions for the real estate industry.
price ($mm)
$15
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 11/4/2020 via PR Newswire

SitusAMC, Inc., acquired rSquared CRE, LLC

synopsis: SitusAMC Holdings Corp., a provider of innovative technologies and expert-led services to the real estate finance industry, has acquired rSquared CRE, LLC, a leading commercial real estate technology provider. rSquared's flagship product, rDCF, supports the ongoing valuation, underwriting and asset management of commercial real estate assets.
buyer parent: Stone Point Capital, LLC
buyer: SitusAMC, Inc.
SitusAMC is the leading independent provider of advisory, strategic outsourcing, talent and technology solutions to the commercial and residential real estate finance industry. They help clients realize opportunities in their real estate businesses through industry-leading services. "
target: rSquared CRE, LLC
rSquared is a leading commercial real estate technology provider. rSquared's flagship product, rDCF, combines cloud-technology with an intuitive but powerful user interface to support the ongoing valuation, underwriting and asset management of commercial and multifamily real estate assets and loans.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/7/2020 via BusinessWire

LERETA, LLC, acquired Accumatch

synopsis: LERETA, a leading provider of national real estate tax and flood services, has acquired Accumatch. A Dallas-based property tax intelligence company, Accumatch has experienced rapid growth since it was founded in 2002. ccumatch has developed a platform to help reduce risk, save time, and simplify compliance.
buyer: LERETA, LLC
Since 1986 LERETA has provided the mortgage industry with nationwide property tax and flood data services. LERETA is on a mission to increase servicer efficiency, reduce penalties and interest, and provide unparalleled service. "
target: Accumatch
Accumatch is a Dallas-based property tax intelligence company that has experienced rapid growth since it was founded in 2002. Accumatch has developed a platform to help reduce risk, save time, and simplify compliance.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/5/2020 via BusinessWire

Quorum Software, acquired Landdox

synopsis: Quorum Software, a Thoma Bravo portfolio company and the leader in digital transformation for the oil and gas industry, announced that it has acquired Landdox, the leading innovator in cloud-first land technology.
buyer parent: Thoma Bravo, LLC
buyer: Quorum Software
Quorum Software offers a leading portfolio of finance, operations and accounting solutions that empower customers to streamline operations that drive growth and profitability. The myQuorum software platform delivers open standards, mobile-first design, and cloud technologies to drive innovation. "
target: Landdox
Landdox is a growth-stage SaaS company that reimagines the way energy and infrastructure companies manage their core assets. Their flagship product is a cloud-based application that is easily customizable, intuitively designed, and delights customers as much as it expands their operational range.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 9/23/2020 via BNC Analysis

Dye & Durham Corporation, will acquire Property Information Exchange Limited

synopsis: Dye & Durham Limited, a leading provider of cloud-based software and technology solutions designed to improve efficiency for legal and business professionals, will acquire Property Information Exchange Ltd (PIE). PIE operates under the trade name "poweredbypie" and offers cloud-based real estate due diligence products in the UK.
buyer: Dye & Durham Corporation (TSX:DND:$48.89)
Dye & Durham is a Canadian provider of cloud-based software and technology solutions designed to improve efficiency and increase productivity. The company provides critical information services and workflow, which clients use to manage their process, information, and regulatory requirements. "
target parent: MML Capital Partners LLC
target: Property Information Exchange Limited
Property Information Exchange Ltd. (PIE) is an innovative technology company that operates under the trade name "poweredbypie" and offers cloud-based real estate due diligence products in the United Kingdom.
price ($mm)
$41
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 9/18/2020 via PR Newswire

Choice! Energy Management, acquired eAgent

synopsis: Choice! Energy Management, a full-service energy procurement and utility management company, has acquired a majority stake in eAgent, a cloud-based solution for agents and consultants in the energy industry. eAgent is an online and mobile app that features solutions for CRM, e-sign contracts, and daily pricing.
buyer: Choice! Energy Management
Choice! Energy Management is a full-service energy procurement and utility management company. Choice offers the industry’s most comprehensive energy management services. The company leads its clients through the entire procurement process from identification to contract negotiation and execution. "
target: eAgent
eAgent is a cloud-based solution for agents and consultants in the energy industry. eAgent is the ultimate tool for energy agents, brokers and energy efficiency companies. Their online and mobile app features solutions for CRM, e-sign contracts, and daily pricing.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 8/19/2020 via BNC Analysis

Presa will be merged with Ukrposhta,

synopsis: Ukrposhta, a Ukrainian state enterprise acting as the biggest national postal operator on the Ukrainian market, will merge with state-owned enterprise (SOE) Presa (the Press). Presa operates an online platform for publishing and subscribing magazines and periodicals. The company was founded in 1998 and is based in Ukraine.
buyer: Ukrposhta
Ukrposhta is a Ukrainian state enterprise acting as the biggest national postal operator on the Ukrainian market. Their network includes over 12000 postal offices in all regions of the country. They provide over 50 types of services both for private and corporate customers. "
target: Presa
Presa operates an online platform for publishing and subscribing magazines and periodicals. The company was founded in 1998 and is based in Ukraine.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 8/6/2020 via BusinessWire

Q CELLS, will acquire Growing Energy Labs, Inc.

synopsis: Q CELLS, a leading global solar company, will acquire Growing Energy Labs, Inc. (Geli), a provider of software and business solutions for designing, automating, and managing energy storage systems. Geli’s suite of products creates an ecosystem where project developers, OEMs, financiers, and project operators can deploy advanced energy projects.
buyer parent: Hanwha Solutions
buyer: Q CELLS
Q CELLS is a leading global solar company. Q CELLS manufacturers high-quality solar cells and modules that are extremely reliable and achieve outstanding energy yields. They offer products for residential, commercial and utility use. "
target: Growing Energy Labs, Inc.
Growing Energy Labs, Inc. (Geli) is a provider of software and business solutions for designing, automating, and managing energy storage systems. Geli’s suite of products creates an ecosystem where project developers, OEMs, financiers, and project operators can deploy advanced energy projects.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 7/22/2020 via BusinessWire

Perion Network Ltd., will acquire Pub Ocean

synopsis: Perion Network Ltd., a global technology company that provides agencies, brands, and publishers with innovative solutions for digital advertising, will acquire Pub Ocean, a digital publisher-focused technology company with scalable content distribution and real-time revenue analytics technology.
buyer: Perion Network Ltd. (PERI:$273.65)
Perion is a global technology company that provides agencies, brands, and publishers with innovative solutions for digital advertising. Perion delivers its Synchronized Digital Branding solution across the three main pillars of digital advertising: ad search, social media, and display/video. "
target: Pub Ocean
Pub Ocean is a technology company that helps digital publishers become more profitable by providing greater visibility and control through proprietary technology: LiveYield for real-time revenue attribution, Mission to control and automate the purchase and sale of audience.
price ($mm)
$4.00
rev ($mm)
$25
EBITDA ($mm)
$5
EV / rev
0.9x
EV / EBITDA
4.4x
announced 5/19/2020 via GlobeNewswire

Irish Studio, will acquire Darwin CX Inc.

synopsis: Irish Studio LLC will acquire the assets of Darwin CX Inc, a Toronto developer of enterprise SaaS applications for publishers and membership-based organizations, from ZoomerMedia. The Darwin assets are ZoomerMedia’s proprietary subscription management platform.
buyer: Irish Studio
Irish Studio is the most trusted source for the Irish and Irish Diaspora communities around the world that informs, entertains and inspires audiences by providing premium storytelling and experiences through its video, events, print, social and digital platforms. "
target parent: ZoomerMedia Ltd.
target: Darwin CX Inc.
Toronto-based Darwin CX is a developer of enterprise SaaS applications for publishers and membership-based organizations. Designed to replace the legacy technology that serves these industries, the Darwin platform enhances acquisition and retention through customer experience orchestration.
price ($mm)
$5.29
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/16/2020 via PR Newswire

AccuTitle, acquired Closers’ Choice

synopsis: AccuTitle, a cloud-based title management and real estate closing platform, has acquired Closers' Choice, a leading provider of closing and title software for real estate professionals. Closers’ Choice offers a cloud-based and standalone software that simplifies and organizes the complex closing process to deliver an efficient and timely closing.
buyer: AccuTitle
AccuTitle is a cloud-based title management and real estate closing platform. AccuTitle automates and streamlines the title production and closing process to help title agencies gain control over their expenses and provide better customer service. "
target: Closers’ Choice
Closers’ Choice is a leading provider of closing and title software for real estate professionals. Closers’ Choice offers a cloud-based and standalone software that simplifies and organizes the complex closing process to deliver an efficient and timely closing.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 3/18/2020 via BNC Analysis

VITEC Software Group, acquired ALMA Consulting Oy

synopsis: Vitec Software Group AB is strengthening its Nordic position in Vertical Market Software by acquiring all shares in the Finnish software company ALMA Consulting Oy. ALMA Consulting develops and delivers information management software for the processing industry and energy companies in Finland.
buyer: VITEC Software Group (OM:VIT B:$161.42)
Vitec is market leader for Vertical Market Software in the Nordic region. They develop and deliver standard niche software. Vitec grows through acquisitions of well-managed and well-established software companies. Their employees are based in Denmark, Finland, Norway and Sweden. "
target: ALMA Consulting Oy
ALMA Consulting develops and delivers information management software for the processing industry and energy companies in Finland. ALMA develops, markets, delivers and maintains ALMA® engineering and knowledge and maintenance management systems.
price ($mm)
rev ($mm)
$3
EBITDA ($mm)
$1
EV / rev
0.0x
EV / EBITDA
0.0x
closed 2/5/2020 via Company Press Release

Insurance Technologies Corporation, acquired Agency Matrix

synopsis: Insurance Technologies Corporation (ITC), a provider of websites, marketing, comparative rating and management software and services, has acquired Agency Matrix, an insurance technology provider. Agency Matrix offers a cloud-based agency management system that allows insurance agencies to effectively manage their book of business, staff and office.
buyer parent: Accel-KKR
buyer: Insurance Technologies Corporation
Insurance Technologies Corporation (ITC) provides websites, agency marketing, comparative rating, and management software and services to the insurance industry. ITC helps its clients grow their businesses and become more efficient through the philosophy of providing quality software and services. "
target: Agency Matrix
Agency Matrix is an insurance technology provider. Agency Matrix offers a cloud-based agency management system that allows insurance agencies to effectively manage their book of business, staff and office. Agency Matrix also offers custom websites, document management and virtual employee solutions.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/22/2020 via PR Web

Blockthrough, acquired Uponit

synopsis: Blockthrough, the market leader in adblock revenue recovery, has acquired Uponit, a sophisticated ad recovery platform in Israel. Uponit helps online publishers measure and restore their blocked ad inventory and communicate with their adblocking audience.
buyer: Blockthrough
Founded in 2015, Toronto-based Blockthrough is the world’s leading Adblock Revenue Recovery platform for publishers. Blockthrough helps publishers recover revenue lost to adblocking by creating safe, unintrusive ad experiences that leverage the publisher's existing monetization partners. "
target: Uponit
Uponit is a sophisticated ad recovery platform in Israel. Uponit helps online publishers measure and restore their blocked ad inventory and communicate with their adblocking audience. Their platform recovers and enforces non-intrusive ad formats to ensure a good user experience.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/21/2020 via GlobeNewswire

Built, acquired Lienwaivers

synopsis: Built Technologies has acquired lienwaivers.io, a leading provider of lien waiver management and payment solutions for commercial and residential construction. With the acquisition, Built becomes the first full-stack construction finance platform to provide solutions for all key stakeholders involved in the construction finance process.
buyer: Built
Built is the leading provider of construction finance technology. Built connects commercial and consumer construction lenders, commercial real estate owners, commercial general contractors, residential homebuilders, and more to improve the flow of capital through the construction ecosystem. "
target: Lienwaivers
Lienwaivers.io is a provider of lien waiver management and payment solutions for commercial and residential construction. The company's cloud-based platform integrates with common construction accounting and project management software to facilitate the exchange of lien waivers for payments.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/15/2020 via PR Web

Lightbox RE, acquired ClientLook, Ltd.

synopsis: LightBox, a provider of Commercial Real Estate (CRE) data and workflow solutions, has acquired ClientLook, a client relationship management software company for CRE brokers. The acquisition of ClientLook will help LightBox in its continuing effort to unify fragmented workflows and siloed information.
buyer parent: Battery Ventures
buyer: Lightbox RE
LightBox is a provider of Commercial Real Estate (CRE) data and workflow solutions for marketing, prospecting, due diligence, risk management, and location intelligence that enable decision making for CRE brokers, banks and lenders, appraisal firms, environmental consulting and engineering firms. "
target: ClientLook, Ltd.
ClientLook is the most actively used commercial real estate CRM software. By combining contact management, deal tracking, and client collaboration with a property module and a team of back-office assistants, ClientLook helps companies become better organized.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 12/24/2019 via BNC Analysis

Energy One, will acquire eZ-nergy

synopsis: Energy One Group, Australia’s leading provider of Energy Trading and Risk Management solutions, will acquire eZ-nergy, an independent software vendor and service provider in France. eZ-nergy provides a robust suite of SaaS solutions for the European energy market. Their eZ-Ops platform makes energy trading and energy flows scheduling easier.
buyer: Energy One (ASX:EOL:$10.95)
Energy One is Australia’s leading provider of Energy Trading and Risk Management ("ETRM") solutions, with software product and service solutions for wholesale and retail energy businesses, including carbon and environmental certificate trading and management needs. "
target: eZ-nergy
eZ-nergy is an independent software vendor and service provider in France. eZ-nergy provides a robust suite of SaaS solutions for the European energy market. Their eZ-Ops platform makes energy trading and energy flows scheduling easier. They also offer 24/7 outsourced operational services.
price ($mm)
$4.44
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 12/2/2019 via BusinessWire

Prometheus Group, acquired Roser ConSys B.V.

synopsis: Prometheus Group, a global provider of asset management operations and optimization software, has acquired Holland-based Roser ConSys, a provider of plant shutdown, turnaround, and outages software. Roser ConSys works with customers in the oil, gas, and energy sectors, and its software suite will be integrated into Prometheus' software platform.
buyer parent: Genstar Capital LLC
buyer: Prometheus Group
Prometheus Group is a leading global provider of comprehensive and intuitive plant maintenance operations and optimization software, with a broad platform of solutions addressing the unique idiosyncrasies and requirements of heavy asset operators. "
target: Roser ConSys B.V.
Holland-based Roser ConSys software is designed to optimize the quality and efficiency of shutdowns, turnarounds, and outages. The Roser Suite is an all-in-one approach to solving communication problems between different departments and programs used in maintenance projects.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA

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rev ($mm)
$161.42
EBITDA ($mm)
$36.92
EBIT ($mm)
$22.26
Net Income ($mm)
$14.97
Employees
830
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Ticker: PT
 
 
 
 
 
 
 
 
PINTEC
PINTEC
PINTEC is a leading independent technology platform enabling financial services in China. With its mission to "Power the Future of Finance", PINTEC aims to advance financial services by providing customizable and modular fintech solutions to its financial and business partners.
year
2018
rev ($mm)
$156.10
EBITDA ($mm)
$13.41
EBIT ($mm)
$12.65
Net Income ($mm)
$0.96
Employees
432
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Ticker: INOD
 
 
 
 
 
 
 
 
Innodata Inc.
Innodata Inc.
Innodata Inc. engages in the provision of business process, technology, and consulting services, as well as products and solutions that help to create, manage, use, and distribute digital information. The company operates in two segments, Content Services (CS) and Innodata Advanced Data Solutions.
year
2016
rev ($mm)
$60.42
EBITDA ($mm)
$2.15
EBIT ($mm)
($0.33)
Net Income ($mm)
Employees
5090
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Ticker: TSXV:DVT
 
 
 
 
 
 
 
 
Divestco Inc.
Divestco Inc.
Divestco Inc. provides innovative geoscience solutions to Energy and Service companies worldwide. The company offers Software & Data, Seismic Processing, Geomatics, Seismic Data & Brokerage, and Land Services.
year
2014
rev ($mm)
$22.05
EBITDA ($mm)
$2.10
EBIT ($mm)
($0.99)
Net Income ($mm)
Employees
214
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Ticker: AIM:ING
 
 
 
 
 
 
 
 
Ingenta
Ingenta is the largest supplier of technology and related services for the publishing industry. Working with eight of the ten largest publishers in the world, they help information providers meet their evolving and wide-ranging publishing needs.
year
2016
rev ($mm)
$18.36
EBITDA ($mm)
$0.41
EBIT ($mm)
$0.14
Net Income ($mm)
$0.05
Employees
163
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Ticker: DLYGF
 
 
 
 
 
 
 
 
Publishing Technology plc
Publishing Technology plc
Publishing Technology is the largest supplier of technology and related services for the publishing industry. Working with eight of the ten largest publishers in the world, we help information providers meet their evolving and wide-ranging publishing needs.
year
2008
rev ($mm)
$15.35
EBITDA ($mm)
$1.10
EBIT ($mm)
$0.19
Net Income ($mm)
Employees
158
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Ticker: ADST
 
 
 
 
 
 
 
 
AdStar, Inc.
AdStar, Inc.
AdStar, Inc. is a leading provider of e-commerce transaction services and payment processing solutions for the digital and print advertising and publishing industries. AdStar's proprietary suite of e-commerce services includes remote ad-entry software, mobile and web-based ad transaction.
year
2007
rev ($mm)
$4.76
EBITDA ($mm)
($2.96)
EBIT ($mm)
($3.38)
Net Income ($mm)
Employees
24
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Ticker: MMZ
 
 
 
 
 
 
 
 
Mooter Media Limited
Mooter Media Limited
Mooter Media Limited develops and provides Internet advertising solutions for publishers and advertisers primarily in Australia.
year
2010
rev ($mm)
$0.19
EBITDA ($mm)
($0.56)
EBIT ($mm)
($0.56)
Net Income ($mm)
Employees
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Ticker: EB
 
 
 
 
 
 
 
 
Evvnt
Evvnt
Evvnt is a dynamic event marketing automation platform which syndicates events’ content to multiple event listing sites and calendars as a service. Evvnt provides ticketing, syndication, print, social, and email marketing services, while helping consumers find high quality, local events.
year
2020
rev ($mm)
$294.56
EBITDA ($mm)
($179.55)
EBIT ($mm)
($196.12)
Net Income ($mm)
Employees
1126
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Ticker: TSXV:ILA
 
 
 
 
 
 
 
 
iLOOKABOUT
iLOOKABOUT
iLOOKABOUT is a software, data analytics and visual intelligence company focused on real property. The Company primarily serves the property assessment, property taxation, municipal, insurance, and appraisal sectors, both public and private, in North America.
year
2020
rev ($mm)
$14.86
EBITDA ($mm)
($3.16)
EBIT ($mm)
($3.63)
Net Income ($mm)
Employees
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Ticker: TSE:3995
 
 
 
 
 
 
 
 
SKIYAKI Inc.
SKIYAKI Inc. is a Japanese company that offers internet entertainment content services. Their SKIYAKI EXTRA platform allows companies to easily create and deploy an official fan website that allows fans to book tickets for events. The company has helped develop and manage over 300 fan websites.
year
2018
rev ($mm)
$26.51
EBITDA ($mm)
EBIT ($mm)
$1.51
Net Income ($mm)
$0.66
Employees
52
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Ticker: XTRA:PSAN
 
 
 
 
 
 
 
 
PSI AG
PSI AG
PSI AG develops and integrates complete solutions, on the basis of its own software products, for the management of energy networks, cross-company production management (metals, automotive, mechanical and plant engineering, and infrastructure management for telecommunications, transport and safety.
year
2020
rev ($mm)
$263.17
EBITDA ($mm)
$24.14
EBIT ($mm)
$17.79
Net Income ($mm)
$16.02
Employees
1995
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Ticker: ASX:HSN
 
 
 
 
 
 
 
 
Hansen Technologies
Hansen Technologies
Hansen Technologies is a global provider of customer care & billing and meter data management software solutions for utilities (electricity, gas and water), Pay TV and telecommunications companies.
year
2018
rev ($mm)
$157.48
EBITDA ($mm)
$26.38
EBIT ($mm)
$22.95
Net Income ($mm)
$16.68
Employees
1000
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Ticker: TSX:PSI
 
 
 
 
 
 
 
 
Pason Systems
Pason Systems
Pason Systems Inc. is a leading global provider of specialized data management systems for drilling rigs. Their solutions, which include data acquisition, wellsite reporting, remote communications, and web-based information management, enable collaboration between the rig and the office.
year
2016
rev ($mm)
$129.83
EBITDA ($mm)
$10.19
EBIT ($mm)
($25.23)
Net Income ($mm)
Employees
707
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Ticker: LTBG
 
 
 
 
 
 
 
 
Lightbridge, Inc.
Lightbridge has helped telecommunications carriers adapt to new customer transaction models. Today, Lightbridge is leveraging our domain expertise to deliver new, cross-industry solutions that make it easier for businesses to manage customer transactions that are driven by wireless and Internet tec
year
2005
rev ($mm)
$108.30
EBITDA ($mm)
$6.30
EBIT ($mm)
($4.60)
Net Income ($mm)
$19.00
Employees
0
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