Like Qontak

closed 5/26/2021 via BNC Analysis

Mekari, acquired Qontak

synopsis: Mekari, Indonesia's #1 Software-as-a-Service (SaaS) company, has acquired Qontak, an omnichannel CRM technology firm in Indonesia. Qontak offers a unified SaaS CRM platform that leverages scalable API technology to enable small businesses to scale communications, sales and customer service on WhatsApp & chat, social media and e-commerce.
buyer: Mekari
Mekari is Indonesia's #1 Software-as-a-Service (SaaS) company. Mekari's mission is to empower the progress of businesses and professionals. The company offers innovative SaaS solutions for HR management, accounting, and tax management. "
target: Qontak
Qontak is an omnichannel CRM technology firm in Indonesia. Qontak offers a unified SaaS CRM platform that leverages scalable API technology to enable small businesses to scale communications, sales and customer service on WhatsApp & chat, social media and e-commerce.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/17/2022 via BNC Analysis

Elloe, acquired Flo by Saada

synopsis: Elloe, a conversational commerce platform in Kenya, has acquired Flo by Saada, a customer engagement solution for SMBs in Kenya. Flo by Saada offers a no-code plug & play platform that enables businesses to build conversational commerce solutions and process payments over USSD, programmable SMS, Voice (IVR), WhatsApp Business and messenger.
buyer: Elloe
Elloe is a conversational commerce platform in Kenya that helps small businesses build strong customer relationships. Elloe enables businesses to engage their customers better through AI-powered chatbots and run their business better with powerful CRM solutions and sales analytics. "
target: Flo by Saada
Flo by Saada is a customer engagement solution for SMBs in Kenya. Flo by Saada offers a no-code plug & play platform that enables businesses to build conversational commerce solutions and process payments over USSD, programmable SMS, Voice (IVR), WhatsApp Business and messenger.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/18/2022 via BNC Analysis

Chola, acquired Payswiff Technologies Pvt. Ltd

synopsis: Cholamandalam (Chola), a leading provider of financial and investment services in India, has acquired a 72.12% stake in Payswiff Technologies, a provider of online payment gateway solutions in India. Payswiff's payment app, POS system, and banking solutions enables SME merchants to better manage and grow their business.
buyer: Chola (BSE:511243:$754.38)
Cholamandalam (Chola) is a leading provider of financial and investment services in India. Chola offers comprehensive financial services for vehicle finance, home loans, home equity loans, SME loans, investment advisory services, stock broking and more. "
target: Payswiff Technologies Pvt. Ltd
Payswiff is a provider of online payment gateway solutions in India. Payswiff offers best in class products & solutions for commerce infrastructure. Their payment app, POS system, and banking solutions enables SME merchants to better manage and grow their business.
price ($mm)
$60*
rev ($mm)
$28
EBITDA ($mm)
EV / rev
3.0x
EV / EBITDA
closed 9/28/2022 via BNC Analysis

VeriSmart, acquired DolphinChat

synopsis: Blockchain-based data exchange platform, VeriSmart, announced the acquisition of Delhi-based conversational AI (artificial intelligence) startup DolphinChat. Founded in 2017 by Ashish Sharma and Kusha Kohli, DolphinChat develops AI-based chatbots and voice assistants for enterprises and small and medium businesses (SMBs).
buyer: VeriSmart
Founded by Saurabh Gupta, VeriSmart is a data access management platform that enables businesses to exchange their data with each other in a privacy-compliant manner. The platform helps enterprises retain data ownership and protect their users from third-party data abuse. "
target: DolphinChat
Founded in 2017 by Ashish Sharma and Kusha Kohli, DolphinChat develops AI-based chatbots and voice assistants for enterprises and small and medium businesses (SMBs). This helps its clients to provide automated consumer conversations on their web-based platforms.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 9/16/2020 via BNC Analysis

CoreDial, acquired eZuce

synopsis: CoreDial, a provider of cloud communications, video collaboration and contact center solutions, has acquired eZuce, a provider of team collaboration solutions. eZuce offers a video collaboration platform that allows users to hold meetings or work in a virtual workspace. They also offer solutions for unified communications and contact centers.
buyer: CoreDial
CoreDial is a leading provider of high quality and scalable cloud communications, video collaboration and contact center solutions. CoreDial offers a feature-rich unified communications solution that combines contacts, calling, voicemail, chat, video conferencing, screenshare & more in one tool. "
target: eZuce
eZuce provides team collaboration solutions to small and medium enterprises. eZuce offers a cloud-based video collaboration platform that allows users to hold meetings or work in a virtual workspace. They also offer solutions for unified communications and contact centers.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/30/2019 via PR Newswire

PennSpring Capital, acquired Securus Contact Systems

synopsis: Securus Contact Systems, the leading virtual receptionist solution for small and medium service-based businesses, announced that it has been acquired by PennSpring Capital. PennSpring is a progressive lower middle market private equity firm focused on companies with strong foundations and proven leadership.
buyer: PennSpring Capital
PennSpring Capital unlocks liquidity, empowers growth and elevates executive careers. Based in Lancaster, Pennsylvania, PennSpring is a people-forward investment firm focused on lower middle market opportunities, investing in dynamic firms and helping evolve them to institutional scale. "
target: Securus Contact Systems
Securus Contact Systems leverages a proprietary software platform to provide elite virtual receptionist and call center services to customers nationwide. They serve businesses who require 24/7 live representation, and small businesses.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 2/22/2017 via BusinessWire

NetFortris, acquired Fonality

synopsis: NetFortris, Inc., a leader in secure cloud-based communication solutions, announced the acquisition of Fonality, Inc., an innovator in software defined unified communications as a service (UCaaS) solutions. The combination of the two companies will meet the growing needs of a converging IT and communications market.
buyer: NetFortris
NetFortris provides secure cloud-based UCaaS, managed network solutions, hosted productivity applications, security and specialized applications for enterprises of all sizes. The NetFortris Cloud Solutions Platform provides the foundation for all NetFortris services. "
target: Fonality
Fonality is a leading provider of UCaaS communications software for SMEs and SMBs. Fonality’s solutions have received numerous awards for its Heads Up Display and Advance Call Center software applications.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 7/29/2010 via BusinessWire

Musician’s Exchange, will acquire SpeechPhone LLC

synopsis: Musician’s Exchange announced that it has executed agreements to purchase the assets of SpeechPhone, LLC, a Delaware limited liability company and related entities. SpeechPhone’s hosted speech technology platform serves over 8,000 subscribers and completes approximately 60,000 calls per day.
buyer: Musician’s Exchange (MUEX:$0.00)
Musicians Exchange is a global community with an eye towards online commercial exchange. It features digital music & video distribution, classified ads, and global opportunity for the musician, artist, band, videographer, producer, writer, and others. "
target: SpeechPhone LLC
SpeechPhone LLC develops and markets hosted speech recognition based virtual assistants that unify communications and messaging through a single personal phone number. Its hosted speech applications enable to work from mobile phones, business phones, or VoIP phones.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 11/26/2019 via Company Press Release

Gamma Communications plc, acquired Telsis

synopsis: Gamma, a leading supplier of voice, data and mobile products and services in the UK, has acquired Telsis, a developer of UCaaS​ solutions for small to medium size enterprises. Telsis’ carrier-grade solutions enrich communication, proactively manage fraud, secure revenues and transform network performance.
buyer: Gamma Communications plc (AIM:GAM:$483.51)
Gamma is a leading supplier of voice, data and mobile products and services in the UK. They supply a broad range of communications services to small, medium and large-sized business customers, the public sector and not-for-profit organizations. "
target: Telsis
Telsis is a developer of UCaaS​ solutions for small to medium size enterprises. Telsis’ carrier-grade solutions enrich communication, proactively manage fraud, secure revenues and transform network performance. They are based in the UK.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 12/15/2021 via Company Press Release

Siliken, acquired Bornevia

synopsis: Siliken, a leading solar installation software information company, has acquired Bornevia, a web-based customer support and ticket-management software solution based in Indonesia. Bornevia helps modern small to medium businesses to collaborate in managing incoming customer requests.
buyer: Siliken
Siliken is a leading solar installation software information company. Siliken delivers the best, most up-to-date and reliable information on software solutions for renewable energy businesses. Their goal is to help renewable energy businesses increase their efficiency through software. "
target: Bornevia
Bornevia is a web-based customer support and ticket-management software solution based in Indonesia. Bornevia helps modern small to medium businesses to collaborate in managing incoming customer requests. Their platform converts all incoming email and social media messages into request tickets.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 4/27/2022 via Company Press Release

Cognism, will acquire Kaspr

synopsis: Cognism, a leader in premium sales intelligence, has announced the acquisition of Kaspr, a Paris-based sales prospecting provider, focused on providing easy access to prospecting data.
buyer: Cognism
Cognism is a leader in premium sales intelligence, setting a new standard for data quality and compliance, trusted by 1000+ revenue teams worldwide. "
target: Kaspr
Paris-based Kaspr is a sales prospecting provider focused on providing easy access to contacts, emails, and phone numbers. Its main product is a Chrome Extension which integrates into LinkedIn and offers a sales automation enrichment tool, a list builder, and an API for custom development.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/13/2021 via PR Web

CData Software, acquired forceAmp.com

synopsis: CData Software, a leading provider of standards-based drivers and data access solutions for real-time data integration, has acquired forceAmp.com LLC, a developer of Salesforce integration tools. forceAmp's flagship product, DBAmp, enables organizations to bidirectionally access Salesforce data from within SQL Server using simple SQL statements.
buyer: CData Software
CData Software is a leading provider of data access and connectivity solutions. CData Software specializes in the development of standard drivers and data access technologies for real-time access to online or on-premise applications, databases, and Web APIs. "
target: forceAmp.com
forceAmp.com develops and markets integration tools for Salesforce. forceAmp's flagship product, DBAmp, enables organizations to bidirectionally access Salesforce data from within SQL Server using simple SQL statements. Organizations use DBAmp to run reports, write complex SQL procedures, and more.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 3/2/2022 via finextra.com

Cheddar Payments Limited, acquired Upside Saving

synopsis: Cheddar, the bank transfer platform powering payments, has acquired Upside, an Intelligent Cashback as an API, enabling fintechs and everyday apps to provide their users with frictionless cashback. Upside uses Open Banking data to hyper-personalize offers.
buyer: Cheddar Payments Limited
Cheddar, based in London, provides a free bank account-enabled payments platform, and ends inefficiencies in the payment chain for consumers and small businesses. "
target: Upside Saving
Upside is Intelligent Cashback as an API, enabling fintechs and everyday apps to provide their users with frictionless cashback. Upside uses Open Banking data to hyper-personalize offers. Spend data is highly predictive which enables Upside to create valuable insights to API customers and retailers.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 2/23/2022 via Company Press Release

Apifonica, acquired Tenios GmbH

synopsis: Estonia-based Apifonica has acquired TENIOS GmbH, one of the leading cloud communications providers in Germany. TENIOS offers intelligent speech dialog systems via Voice API, IN routing, AI-based speech output (TTS) and speech recognition (ASR) as well as the integration of speech bots from a single source.
buyer: Apifonica
Headquartered in Estonia, Apifonica is a cloud-based communication platform that allows companies to connect with customers around the world via voice, SMS, WhatsApp, Facebook & Telegram messengers, in any combination. "
target: Tenios GmbH
TENIOS is one of the leading cloud communications providers in Germany. TENIOS' offerings include voice API, interactive voice response, speech dialogue systems, voicebot integration, SIP Trunk, UC (Unified Communications), ACD (Automatic Call Distribution), and more.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/26/2021 via BNC Analysis

Mekari, acquired Qontak

synopsis: Mekari, Indonesia's #1 Software-as-a-Service (SaaS) company, has acquired Qontak, an omnichannel CRM technology firm in Indonesia. Qontak offers a unified SaaS CRM platform that leverages scalable API technology to enable small businesses to scale communications, sales and customer service on WhatsApp & chat, social media and e-commerce.
buyer: Mekari
Mekari is Indonesia's #1 Software-as-a-Service (SaaS) company. Mekari's mission is to empower the progress of businesses and professionals. The company offers innovative SaaS solutions for HR management, accounting, and tax management. "
target: Qontak
Qontak is an omnichannel CRM technology firm in Indonesia. Qontak offers a unified SaaS CRM platform that leverages scalable API technology to enable small businesses to scale communications, sales and customer service on WhatsApp & chat, social media and e-commerce.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/26/2021 via BNC Analysis

Mekari, acquired Qontak

synopsis: Mekari, Indonesia's #1 Software-as-a-Service (SaaS) company, has acquired Qontak, an omnichannel CRM technology firm in Indonesia. Qontak offers a unified SaaS CRM platform that leverages scalable API technology to enable small businesses to scale communications, sales and customer service on WhatsApp & chat, social media and e-commerce.
buyer: Mekari
Mekari is Indonesia's #1 Software-as-a-Service (SaaS) company. Mekari's mission is to empower the progress of businesses and professionals. The company offers innovative SaaS solutions for HR management, accounting, and tax management. "
target: Qontak
Qontak is an omnichannel CRM technology firm in Indonesia. Qontak offers a unified SaaS CRM platform that leverages scalable API technology to enable small businesses to scale communications, sales and customer service on WhatsApp & chat, social media and e-commerce.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 11/23/2022 via Company Press Release

Main Capital Partners BV, acquired TimePlan Software A/S

synopsis: Main Capital Partners is proud to announce the acquisition of a majority stake in TimePlan Software A/S, a leading provider of Workforce Management solutions.
buyer: Main Capital Partners BV
Netherlands-based Main Capital is a strategic investor with an exclusive focus on the software sector in the Benelux, Germany, Austria, Switzerland, and Nordics regions. Within this sector, Main Capital is the most specialized company in management buyouts and later-stage growth capital. "
target: TimePlan Software A/S
Founded in 1995 in Aalborg, TimePlan is an innovative Danish software vendor of Workforce Management solutions specializing in employee scheduling, time & attendance and HR administration.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 11/21/2022 via BusinessWire

Deel, Inc., acquired PayGroup Ltd

synopsis: Deel has completed its acquisition of APAC-based payroll and HCM company PayGroup Limited. PayGroup is now part of Deel, a private San Francisco-based payroll company, and has been delisted from the Australian Stock Exchange.
buyer: Deel, Inc.
Deel is a leading global compliance and payroll solution that helps businesses hire anyone, anywhere. Deel’s technology offers unmatched payroll, HR, compliance, perks, benefits, and other capabilities needed to hire and manage a global team. "
target: PayGroup Ltd (PYG.ASX:$17.29)
PayGroup is an Australia-based provider of human capital management (HCM) services and solutions. PayGroup provides cloud-based payroll and workforce management solutions to multinational companies in the Asia Pacific region.
price ($mm)[EV]
$77 [$61]
rev ($mm)
$17
EBITDA ($mm)
EV / rev
3.5x
EV / EBITDA
closed 11/9/2022 via Company Press Release

Visma Advantage, acquired Flex Applications

synopsis: Visma, a leading provider of mission-critical business software, has acquired Flex Applications, which develops tools and applications to manage travel expense reports, time sheets, schedule staff, and support business processes in HR and payroll. The company was founded in 1990 and is headquartered in Orebro, Sweden.
buyer: Visma Advantage
Norway-based Visma is a leading provider of mission-critical business software. The group comprises five business areas which are Visma Software, Visma BPO Accounting & Payroll, Visma Procurement & Collecting, Visma Retail and Visma System Development & Integration. "
target: Flex Applications
Flex Applications Sverige AB develops tools and applications to manage travel expense reports, time sheets, schedule staff, and support business processes in HR and payroll. The company was founded in 1990 and is headquartered in Orebro, Sweden.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/12/2022 via PR Newswire

Businessolver, acquired Workterra

synopsis: Businessolver®, the market leader in SaaS-based benefits technology and services, announced it has acquired Workterra, a fully configurable, easy-to-use benefits administration and enrollment platform. Workterra's platform alleviates the complexities associated with benefits administration and compliance.
buyer: Businessolver
Since 1998, Businessolver has delivered market-changing benefits technology and services supported by an intrinsic responsiveness to client needs. Founded by HR professionals, Businessolver's unwavering service-oriented culture and secure SaaS platform provide measurable success in its mission. "
target parent: Apollo Global Management
target: Workterra
Workterra is a fully configurable, easy-to-use benefits administration and enrollment platform built to simplify the growing complexity of benefits for HR and employees. Leading employers, brokers and carriers choose Workterra for its unmatched flexibility, and robust reporting capabilities.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/5/2022 via BNC Analysis

Bright Software Group Ltd, acquired BTCSoftware Ltd.

synopsis: Bright, a UK and Ireland-based accounting, practice management and payroll software provider, has struck a deal to acquire UK based tax software firm, BTCSoftware Ltd. BTCSoftware has made its name as a tax software expert with accounts production, corporation tax and self-assessment tax return modules.
buyer: Bright Software Group Ltd
Bright is a UK and Ireland-based accounting, practice management and payroll software provider. Bright develops and delivers innovative accounting, practice management and payroll software. Formed in 2021, Bright also includes BrightPay, a leading payroll and HR software. "
target: BTCSoftware Ltd.
BTCSoftware Ltd is a UK-based tax software firm. BTCSoftware was founded in 1999 by Rob Ellis, and Ian Katté. The company has made its name as a tax software expert with accounts production, corporation tax and self-assessment tax return modules.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/5/2022 via BusinessWire

WayPoint Capital Partners, acquired Greenshades, Inc

synopsis: SFW Capital Partners, a specialized private equity firm, has completed the sale of Greenshades Software, Inc. to a group led by Waypoint Capital and Gearbox Capital. Greenshades, headquartered in Jacksonville, Florida, is a leading provider of payroll, payroll tax, and human capital management information and software solutions.
buyer: WayPoint Capital Partners
WayPoint Capital Partners is the direct private equity affiliate of Privet Capital, a family investment office for a cable and satellite entrepreneur. WayPoint focuses primarily on mid-market deals. "
target parent: SFW Capital Partners
target: Greenshades, Inc
Greenshades is a leading provider of mid-market Payroll and HR solutions serving over 3,700 customers and over 4 million employees across the US. Its mission is to provide a payroll and HR platform that empowers workers and brings peace of mind to their employers.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 8/16/2022 via BusinessWire

The Sage Group plc., will acquire Lockstep Network

synopsis: The Sage Group plc, the global leader in accounting, financial, HR, and payroll technology for small and mid-sized businesses, will acquire Lockstep, the leader in connecting the world’s accounting teams. The acquisition brings the resources of Sage to Lockstep to accelerate the pursuit of automating accounting workflows between companies.
buyer: The Sage Group plc. (LSE:SGE:$1,846.00)
Sage is a global market leader for technology that helps businesses of all sizes manage everything from money to people. They accomplish this via Sage Business Cloud, a business management solution comprising Accounting, Sage Intacct, Enterprise Management, People & Payroll, and Payments & Banking. "
target: Lockstep Network
Lockstep connects the world’s accounting teams to help them work better together. The pioneer in Connected Accounting, Lockstep develops tools and platforms for fintech developers and accounting teams to automate workflows between the accounting systems that are at the heart of all businesses.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/3/2022 via BusinessWire

PayStand, acquired Yaydoo

synopsis: Paystand, the leader in blockchain-enabled accounts receivable and B2B payments, announced the acquisition of Yaydoo, the leader in accounts payable, cash flow management, and liquidity solutions in Mexico and LATAM.
buyer: PayStand
Paystand is the leader in blockchain-enabled accounts receivable and B2B payments. Using blockchain and cloud technology, Paystand makes it possible to digitize receivables, automate processing, reduce time-to-cash, eliminate transaction fees, and enable new revenue. "
target: Yaydoo
Yaydoo builds and distributes financial automation technologies that help businesses streamline B2B payments using software focused on procurement, spend management, accounts payable, and accounts receivable processes.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 7/12/2022 via BusinessWire

BigTime Software, acquired Projector PSA Inc

synopsis: BigTime Software, the premier provider of cloud-based software for professional services firms, has announced the acquisition of Projector PSA, a leading provider of cloud-based PSA software to the middle market.
buyer parent: Vista Equity Partners
buyer: BigTime Software
BigTime Software, Inc. is dedicated to developing practice management tools that help growing professional services firms track, manage and invoice their time. Its award-winning solutions are designed to speak the language of consultants of all stripes, from engineering to IT services. "
target: Projector PSA Inc
Projector PSA, Inc. is a leading developer of cloud-based professional services automation software working with hundreds of professional services organizations around the globe.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/4/2022 via BNC Analysis

Grupo Primavera, acquired Cloudware, S.A.

synopsis: Grupo Primavera, the business management software leader for SMEs in Spain and Portugal, has acquired Cloudware, a leading provider of cloud business solutions in Portugal. Cloudware enables their clients to more efficiently manage their business. They offer solutions for invoicing, accounting, POS, taxes, expenses, and more.
buyer parent: Oakley Capital Limited
buyer: Grupo Primavera
Grupo Primavera is the business management software leader for SMEs in Spain and Portugal. Grupo Primavera provides cloud-based software solutions through their group companies. They offer solutions for business management, ERP, accounting, billing, CRM, project management, and more. "
target: Cloudware, S.A.
Cloudware is a leading provider of cloud business solutions in Portugal. Cloudware offers simple and easy-to-use cloud software that enables their clients to more efficiently manage their business. They offer solutions for invoicing, accounting, POS, taxes, expenses, and more.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 3/25/2022 via BNC Analysis

ECIT AS, acquired Catacloud

synopsis: ECIT, an accounting and IT services provider in Norway, has acquired a 50.1% stake in Catacloud, a Norwegian software company that makes accounting and business management easy and accessible for everyone. Catacloud offers solutions for accounting, timekeeping, project management, and more.
buyer: ECIT AS (OB:ECIT:$276.18)
ECIT is an accounting and IT services provider in Norway. ECIT helps companies to more efficiently run and optimize their business. They provide outsourcing services for accounting, payroll, IT, and business solutions. "
target: Catacloud
Catacloud is a Norwegian software company that makes accounting and business management easy and accessible for everyone. Catacloud provides tools that provide users with a full overview of their business. Their platform offers solutions for accounting, timekeeping, project management, and more.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 3/23/2022 via BNC Analysis

Billomat GmbH & Co. KG will be merged with aifinyo AG,

synopsis: aifinyo AG will acquire Billomat GmbH & Co. KG. Germany-based Billomat provides thousands of entrepreneurs with cloud-based accounting software with various functions for everything to do with incoming and outgoing invoices. Through the merger of the two companies, aifinyo is expanding its billing business segment.
buyer: aifinyo AG (MUN:EBE:$46.26)
aifinyo is the reliable smart billing partner for entrepreneurs and freelancers to automate the processing, financing and payment of invoices. The fintech operates a unique platform for all aspects of invoice and liquidity management, including uncomplicated financing solutions. "
target: Billomat GmbH & Co. KG
Germany-based Billomat provides thousands of entrepreneurs with cloud-based accounting software with various functions for everything to do with incoming and outgoing invoices. Billomat automates the creation of invoices, offers, etc. with its digital accounting software.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 2/4/2022 via BNC Analysis

BusinessOn Communication Co Ltd, will acquire Shiftee Inc.

synopsis: BusinessOn Communication Co., Ltd agreed to acquire a 66.7% stake in Shiftee Inc. from Seungwon Shin and 9 others. Shiftee Inc. develops a human resource software solution for businesses in South Korea and internationally.
buyer: BusinessOn Communication Co Ltd (KOSDAQ:A138580:$25.88)
BusinessOn Communication Co Ltd is a SaaS company. The company provides services like electronic document distribution, electronic tax bill, integrated purchase management, electronic contract, purchase confirmation, default registration, online advertising services and other services. "
target: Shiftee Inc.
Shiftee Inc. develops a human resource software solution for businesses in South Korea and internationally. Its solution offers services in the areas of scheduling, attendance, leave management, workflow, and report and payroll. The company was founded in 2016 and is based in Seoul, South Korea.
price ($mm)
$22
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 12/27/2021 via BNC Analysis

Cyberlux Corporation, acquired Kreatx SHPK

synopsis: Cyberlux Corporation, a trusted provider of Advanced Lighting Systems and Infrastructure Solutions, has acquired Kreatx SHPK, a developer of innovative software solutions in Albania. Kreatx provides efficient SaaS solutions for data management, E-Invoicing, CRM, digital archiving, document management, accounting, HR management and more.
buyer: Cyberlux Corporation (OTCPK:CYBL:$3.09)
Cyberlux Corporation is a trusted provider of Advanced Lighting Systems and Infrastructure Solutions for Military, Government and Commercial Organizations. Cyberlux produces light-weight, portable battery-powered advanced LED lighting systems for the Department of Defense. "
target: Kreatx SHPK
Kreatx is a developer of innovative software solutions in Albania. Kreatx provides efficient and accessible SaaS solutions for businesses in various industries. They offer software for data management, E-Invoicing, CRM, digital archiving, document management, accounting, HR management and more.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 11/19/2021 via Company Press Release

ADP, LLC, acquired Integrated Design, Inc.

synopsis: ADP, a global technology company providing human capital management (HCM) solutions, announced that it has acquired Integrated Design, Inc. (IDI) a software company delivering industry-specific HCM solutions aiming to simplify complex workforce data problems.
buyer: ADP, LLC (ADP:$15,367.00)
ADP LLC gives companies of every size the tools to help thrive. ADP helps businesses from payroll, benefits and regulatory compliance to talent management and analytics. ADP offers clients recruit-to-retire services and solutions that help them build the team that will take them into the future. "
target: Integrated Design, Inc.
Integrated Design, Inc. (IDI) is a software company delivering industry-specific HCM solutions aiming to simplify complex workforce data problems. IDI builds solutions that address complex payroll, HR reporting and compliance requirements that some industries face.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 11/3/2021 via Company Press Release

Carlyle Group, acquired CSS AG

synopsis: Global investment firm Carlyle announced that it has acquired a majority stake in CSS AG, a leading German business software provider with a focus on accounting, controlling and human resources (HR) software.
buyer: Carlyle Group (CG:$5,531.80)
Carlyle is a global investment firm with deep industry expertise that deploys private capital across three business segments: Global Private Equity, Global Credit, and Investment Solutions. Carlyle’s purpose is to invest wisely and create value on behalf of its investors and portfolio companies. "
target: CSS AG
CSS AG is a leading German business software provider with a focus on accounting, controlling and human resources (HR) software.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/7/2021 via GlobeNewswire

FreshBooks (Canada), acquired FastBill GmbH

synopsis: FreshBooks, a leading cloud accounting software provider with paying customers in 160+ countries, has announced the acquisition of FastBill, one of Germany's leading cloud accounting and invoicing software solutions.
buyer: FreshBooks (Canada)
FreshBooks is a leading cloud accounting software provider with paying customers in 160+ countries. Its owner-first accounting platform takes an easy-to-use approach to managing finances, billing, payments, and client engagement. "
target: FastBill GmbH
FastBill is one of Germany's leading cloud accounting and invoicing software solutions. They help self-employed professionals, small businesses, and startups maintain better control of their finances through electronic invoice management, reporting, and access to tax advisory services.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 9/16/2021 via BusinessWire

HighBAR Partners, acquired SilkRoad Technology, Inc.

synopsis: HighBar Partners has acquired SilkRoad Technology, a global software and cloud-based technology platform designed to increase employee satisfaction and productivity. HighBar Partners will provide growth equity financing to further develop SilkRoad’s industry-leading SaaS capabilities and elevate its technology stack.
buyer: HighBAR Partners
HighBar Partners is a private investment firm that provides strategic growth capital to enterprise and infrastructure software companies, with a focus on long-term value creation. "
target: SilkRoad Technology, Inc.
SilkRoad Technology combines leading software capabilities with global HR and business expertise to deliver highly scalable, personalized experiences that engage employees and drive positive business outcomes. SilkRoad's platform helps clients attract, retain, and align people to their business.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/16/2021 via BNC Analysis

DRCSystems, acquired MuGenesys

synopsis: DRC Systems India, an offshore software development outsourcing company in India, has acquired MuGenesys Software, a leading software development and IT consulting service provider in India. MuGenesys specializes in web and product development, mobile apps and fintech applications. They also offer software solutions for HR and document management.
buyer: DRCSystems (:$0.00)
DRC Systems is an offshore software development outsourcing company in India providing information technology services to their customers worldwide. They believe and practice in delivering timely, cost effective solutions with impeccable quality and consistency. "
target: MuGenesys
MuGenesys is a leading software development and IT consulting service provider in India. MuGenesys specializes in web and product development, mobile apps and fintech applications. They also offer software solutions for HR management and document management.
price ($mm)
$2.66
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 3/9/2021 via GlobeNewswire

HealthEquity, Inc., acquired Luum

synopsis: HealthEquity, Inc., the nation's largest independent health savings account custodian, announced the acquisition of Luum, a fast-growing technology platform for employee commute management, compliance and sustainability.
buyer: HealthEquity, Inc. (HQY:$746.60)
HealthEquity connects health and wealth, delivering health savings account (HSA) and other consumer driven health and retirement solutions in partnership with over 45,000 employers and 141 health, retirement and other benefit plan providers nationwide. "
target: Luum
Luum is a fast-growing technology platform for employee commute management, compliance and sustainability. They offer a cloud based software solution with both mobile and web-based interfaces that integrates with parking, security, payroll and hr systems.
price ($mm)
$67
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA

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Ticker: WDAY
 
 
 
 
 
 
 
 
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Vertex Incorporated
Vertex Incorporated
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Hilan Ltd.
Hilan Ltd.
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ReadyTech Holdings Limited
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BusinessOn Communication Co Ltd
BusinessOn Communication Co Ltd
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Vertical Computer Systems, Inc.
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EBIT ($mm)
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Paylocity
Paylocity
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Elmo Talent Management Software
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Reckon Limited
Reckon Limited
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Comprehensive Healthcare Systems Inc.
Comprehensive Healthcare Systems Inc.
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Billtrust
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UnifiedPost
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BasWare Oyj
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EBITDA ($mm)
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1829
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Rision Limited
Rision Limited
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EBITDA ($mm)
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Information Architects Corporation
Information Architects Corporation
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EBITDA ($mm)
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($1.66)
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