Like Corticon Technologies, Inc.

closed 12/5/2011 via BusinessWire

Progress Software Corporation, acquired Corticon Technologies, Inc.

See 341 Comparable Transactions
synopsis: Progress Software Corporation, a leading software provider that enables enterprises to be operationally responsive, announced that it has completed the acquisition of Corticon Technologies, Inc., a leading Business Rules Management System vendor that enables organizations to make better, faster decisions by automating business rules.
buyer: Progress Software Corporation (PRGS:$391.30)
Progress Software Corporation is an independent enterprise software company that enables businesses to be operationally responsive to changing conditions and customer interactions as they occur – to capitalize on new opportunities, drive greater efficiencies and reduce risk. "
 target: Corticon Technologies, Inc.
Corticon Technologies is recognized as a leading Business Rules Management System vendor that enables organizations to make better, faster decisions by automating business rules. The company’s patented “no-coding” rules engine automates sophisticated decision processes.
price ($mm)
$23
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/16/2013 via Company Press Release

EOH Holdings Limited, acquired Sybrin Systems (Pty) Ltd

See 260 Comparable Transactions
synopsis: EOH announced the acquisition of 100% of Sybrin for an undisclosed sum. Sybrin is a specialised developer of software for the financial services and other industry sectors. Some of Sybrin's products include workflow software, payment, imaging and document management solutions.
buyer: EOH Holdings Limited (JSE:EOH:$777.64)
EOH is one of the largest technology and knowledge services providers in South Africa. EOH's 6,000 staff members deliver end-to-end enterprise application solutions, a wide range of outsourcing, cloud, managed services and business service offerings to customers across all major industries. "
 target: Sybrin Systems (Pty) Ltd
Sybrin is a global leading technology company in providing payment solutions with particular emphasis in Voucher Processing solutions, Automated Clearing House solutions, Mobile Commerce solutions, Host banking enhancement solutions, KYC solutions, Day 2 solutions and EFT solutions.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 12/20/2011 via PR Newswire

IBM, acquired Cúram Software Ltd.

See 205 Comparable Transactions
synopsis: IBM announced that it has completed its acquisition of Curam Software Ltd. The company expands IBM's ability to help cities and governments serve citizens better by adopting more intelligent and efficient ways to assess needs, execute social programs, and maximize program results.
buyer: IBM (IBM:$77,131.00)
IBM is the world's largest information technology company. Drawing on resources from across IBM and key IBM Business Partners, IBM offers a wide range of services, solutions and technologies that enable customers, large and small, to take full advantage of the new era of on demand business. "
 target: Cúram Software Ltd.
Curam Software is the leading provider of social program software solutions, delivering best-in-class solutions for social enterprises globally including, health and human services, workforce services, and social security organizations.
price ($mm)
rev ($mm)
$80
EBITDA ($mm)
EV / rev
0.0x
EV / EBITDA
announced 12/5/2019 via GlobeNewswire

Verisk Analytics, Inc., will acquire Flexible Architecture and Simplified Technology, LLC

See 159 Comparable Transactions
synopsis: Verisk, a leading data analytics provider, will acquire FAST, a leading software company for the life insurance and annuity industry. The acquisition of FAST will extend Verisk's offerings to the life insurance market as they build a comprehensive suite of innovative solutions to support insurer modernization.
buyer: Verisk Analytics, Inc. (NasdaqGS:VRSK:$2,544.20)
Verisk Analytics is a leading data analytics provider serving customers in insurance, natural resources, and financial services. Using advanced technologies to collect and analyze billions of records, Verisk Analytics provides first-to-market innovations that are integrated into customer workflows. "
 target: Flexible Architecture and Simplified Technology, LLC
FAST, which stands for Flexible Architecture and Simplified Technology, is a leading software company for the life insurance and annuity industry. FAST focuses on solving challenges its financial services and insurance clients face as they seek to modernize or replace their systems environments.
price ($mm)
$194
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 12/27/2018 via Company Press Release

CNP Assurances, will acquire Quality Insurance Services

See 159 Comparable Transactions
synopsis: CNP Patrimoine, CNP Assurances’ wealth management business for high-end clients, has announced that it is to acquire the Quality Insurance Services management platform which manages its contracts in France and Luxembourg. Quality Insurance Services is a platform specialised in managing high-end contracts.
buyer: CNP Assurances (ENXTPA:CNP:$52,814.71)
CNP Assurances is the leading personal insurer in France. It has more than 38 million personal protection policyholders worldwide and over 14 million in savings and pension plans. Insurer, co-insurer and reinsurer, CNP Assurances designs innovative retirement and savings solutions. "
 target: Quality Insurance Services
Quality Insurance Services (QIS) is a platform specialised in managing high-end insurance contracts. Their PaaS (Process-as-a-Service) and SaaS (Software-as-a-Service) solutions provide services of life insurance policies administration
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/3/2017 via PR Newswire

KeyLane B.V., acquired Schantz

See 270 Comparable Transactions
synopsis: Keylane, supplier of SaaS solutions for the insurance and pension industry has acquired Schantz, a recognised leader of software solutions for financial institutions. With Schantz, Keylane has acquired a modern and innovative software platform that can be used in the transformation of the international life and pension market.
buyer: KeyLane B.V.
Keylane is a European supplier of modern, customer-centric, SaaS software to the insurance and pension industry. They help companies reduce cost, deliver new & innovative products to market fast and increase customer satisfaction. Their products include modular non-life, life and pension solutions. "
 target: Schantz
Schantz provides financial software solutions to streamline the business processes of life & pension providers and the banking industry. Schantz products include Schantz Life for life and pensions, Schantz Valuation for insurance companies, and Schantz Advice for life & pension providers and banks.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/23/2017 via Company Press Release

iPipeline, Inc., acquired Resonant Software

See 278 Comparable Transactions
synopsis: iPipeline announced the acquisition of Resonant, an emerging provider of Integrated Life Underwriting Solutions. The acquisition further expands iPipeline’s platform, moving them to the forefront of automated underwriting. Resonant’s self-service capabilities allow insurers to define, manage products, and operationalize underwriting guidelines.
buyer parent: Thoma Bravo, LLC
buyer: iPipeline, Inc.
iPipeline is a leading provider of cloud-based software solutions for the life insurance industry. Through its SaaS solutions, it accelerates and simplifies insurance sales, compliance, operations and support. "
 target: Resonant Software
Resonant offers process management and decision support applications for life insurance carriers that substantially improve the discipline and productivity of underwriting and new business operations.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 12/23/2016 via Market Wire

Ebix, Inc., acquired WDEV

See 76 Comparable Transactions
synopsis: Ebix, Inc., a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, e-governance and healthcare industries, announced that it has acquired Rio De Janeiro based WDev, with the goal of becoming the largest one-stop insurance software services provider in Brazil.
buyer: Ebix, Inc. (EBIX:$570.76)
Ebix is a leading international supplier of On-Demand software and E-commerce services to the insurance industry. It provides solutions ranging from infrastructure exchanges and risk compliance solutions to custom software development for all entities involved in the insurance industry. "
 target: WDEV
Rio De Janeiro based WDEV is a specialized software and services firm focused primarily on the insurance marketplace since 2012. The Company provides technology and operational consulting, Straight through processing services, and Software-as-a-Service (SaaS) products to the insurance industry.
price ($mm)
rev ($mm)
$11
EBITDA ($mm)
EV / rev
0.0x
EV / EBITDA
closed 1/11/2016 via BNC Analysis

Renovus Capital, acquired Image Process Design, LLC (IPD)

See 76 Comparable Transactions
synopsis: Renovus Capital Partners announced the acquisition of Image Process Design, LLC (“IPD”). IPD is a software company headquartered in Bloomfield Hills, MI. IPD provides enterprise content management solutions to healthcare, insurance and financial companies, under its Ultera brand.
buyer: Renovus Capital
Renovus Capital Partners is an education-focused private equity fund. Renovus invests in small and mid-sized businesses within the education sector, including both educational institutions and companies that provide these institutions with technology, content and services. "
 target: Image Process Design, LLC (IPD)
Founded in 1991, Image Process Design, Inc. (IPD) provides enterprise content management solutions to healthcare, insurance and financial companies, under its Ultera brand.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 9/25/2012 via BNC Analysis

NetCall plc, acquired Serengeti Systems

See 174 Comparable Transactions
synopsis: Netcall plc, a software company, announced the acquisition of Serengeti Systems Ltd, an Enterprise Content Management software provider, for 2.9 million pounds. Serengeti Systems Ltd. offers content management, contact and case management, records management, workflow, and customer relationship management solutions for public sector.
buyer: NetCall plc (AIM:NET:$21.60)
Netcall develops and supplies a range of innovative communication solutions to organisations of all sizes, including many blue-chip companies, who use them to improve their operational efficiency, their customer’s experiences and their employees’ morale. "
 target: Serengeti Systems
Serengeti Systems is one of the leading UK providers of Content Management, Contact and Case Management solutions within the Public Sector.
price ($mm)
$3.41
rev ($mm)
$3
EBITDA ($mm)
EV / rev
1.6x
EV / EBITDA
closed 11/20/2007 via BusinessWire

SunGard Data Systems Inc., acquired DSPA Software Inc.

See 303 Comparable Transactions
synopsis: SunGard has acquired DSPA Software Inc., a leading supplier of sales compensation and distribution management software to the insurance industry. DSPA Software Inc. will become part of SunGard’s insurance business.
buyer: SunGard Data Systems Inc.
SunGard is a global leader in software and processing solutions for financial services, higher education and the public sector. SunGard also helps information-dependent enterprises of all types to ensure the continuity of their business. "
 target: DSPA Software Inc.
DSPA Software Inc. offers FASAT, a comprehensive distribution management and incentive compensation management (ICM) software solution for the life insurance industry. FASAT helps customers to manage evolving distribution channels, support growing product lines, and improve operational efficiencies.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/10/2007 via BusinessWire

Open Solutions Inc., acquired Fincentric Corporation

See 132 Comparable Transactions
synopsis: Open Solutions Inc., a leading provider of integrated data processing technologies for financial services providers has completed its acquisition of Canadian-based Fincentric Corporation, a leading provider of core retail banking and customer value management software to the global financial services industry.
buyer parent: Providence Equity Partners Inc.
buyer: Open Solutions Inc.
Open Solutions Inc. offers a fully featured strategic product platform that integrates core data processing applications, built on a single centralized Oracle relational database, with Internet banking, cash management, electronic commerce and lending management solutions. "
 target parent: Ventures West Management, Inc.
target: Fincentric Corporation
Fincentric Corporation provides technology and services solutions that help financial institutions automate key business processes to drive operational efficiencies, increase revenues and improve customer satisfaction.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/29/2007 via BusinessWire

Skywire Software, acquired Integrated Insurance Technologies Corporation

See 1646 Comparable Transactions
synopsis: Skywire Software, a diversified enterprise software company, has acquired Integrated Insurance Technologies from SelectQuote, Inc., the nation's largest independent term life insurance brokerage, in an all cash transaction. IIT is a San Francisco, Calif.-based provider of software products and data exchange services to the life insurance industry.
buyer parent: Hall financial group
buyer: Skywire Software
Skywire Software is a diversified software company focused on insurance, financial services, and enterprise services management. More than 150 customers in 10 countries benefit from the company's software applications and professional services. "
 target parent: SelectQuote, Inc.
target: Integrated Insurance Technologies Corporation
Integrated Insurance Technologies Corporation is a leading provider of data exchange services and software products to the insurance industry. Customers include more than 50 major life insurance carriers, thousands of producers & agencies, and virtually all major service providers.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 9/13/2006 via BusinessWire

Fiserv Insurance Solutions, acquired InsureWorx, Inc.

See 77 Comparable Transactions
synopsis: Fiserv Inc. has acquired InsureWorx, a leading provider of core processing software solutions for workers' compensation, commercial property and casualty and risk administration organizations. InsureWorx, headquartered in Oakland, Calif., will become part of Fiserv Insurance Solutions.
buyer parent: Fiserv, Inc.
buyer: Fiserv Insurance Solutions
Fiserv Insurance Solutions specializes in progressive software and outsourcing solutions for the insurance industry. "
 target: InsureWorx, Inc.
InsureWorx, a provider of browser-based software to the insurance industry. PowerSuite includes component-based, core-processing solutions for Workers’ Comp, Commercial P&C and Risk Administration lines of business covering full enterprise claims, billing, underwriting and policy administration.
price ($mm)
$35
rev ($mm)
$16
EBITDA ($mm)
EV / rev
2.2x
EV / EBITDA
closed 9/5/2006 via BusinessWire

Accenture, acquired NaviSys

See 219 Comparable Transactions
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:$43,968.43)
Accenture is a global management consulting, technology services and outsourcing company. Accenture collaborates with clients to help them become high performance businesses and governments. "
 target: NaviSys
NaviSys was founded on the belief that innovative technology, wisely applied, could help dramatically improve the way insurance companies operate. With a deep understanding of the insurance industry, NaviSys launched its first software products more than two decades ago.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/9/2017 via Company Press Release

CoreLogic, Inc., acquired Myriad Development, Inc.

See 127 Comparable Transactions
synopsis: CoreLogic, a leading global property information, analytics and data-enabled solutions provider, announced it has expanded its strategic capabilities with insurance underwriting solutions provided by Myriad Development. Myriad Development specializes in business process management products and services.
buyer: CoreLogic, Inc. (CLGX:$1,739.51)
CoreLogic is a leading global property information, analytics and data-enabled services provider. They combine data from public, contributory and proprietary sources, providing coverage of property and other encumbrances, consumer credit, tenancy, location, hazard risk and performance information. "
 target: Myriad Development, Inc.
Myriad Development specializes in business process management products and services for many of the nation’s largest insurance carriers, real estate companies and government agencies. The SaaS-based platform offers customers speed to market with little dependency on internal technical resourcing.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/1/2015 via BusinessWire

Towers Watson, acquired Brovada

See 112 Comparable Transactions
synopsis: Towers Watson, a global professional services company, announced it has acquired Brovada, a Canadian insurance technology business. The company focuses on streamlining the communications between insurance agents and brokers, and property & casualty insurance carriers, and more.
buyer parent: KPMG International
buyer: Towers Watson (TW:$3,644.95)
Towers Watson is a leading global professional services company that helps organizations improve performance through effective people, risk and financial management. "
 target: Brovada
Brovada specializes in connectivity, integration, and business-process improvement for insurance brokers. Their capabilities include BMS integrations, broker portals (for real time PAS inquiries, new business submissions and policy changes), system conversions, and more.
price ($mm)
$15
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 11/7/2012 via BNC Analysis

Akcelerant Holdings LLC, acquired CorePROFIT Solutions, Inc.

See 55 Comparable Transactions
synopsis: Akcelerant, a provider of connected software technology and advisory services to financial institutions, announced the asset purchase of CorePROFIT Solutions, Inc. CorePROFIT assists banks and credit unions in defining, developing, reporting and analyzing all facets of profitability measurement.
buyer: Akcelerant Holdings LLC
Akcelerant, located in Malvern, Pennsylvania, provides connected software applications to the financial services industry through multiple product lines and integration to best-of-breed service providers. "
 target: CorePROFIT Solutions, Inc.
CorePROFIT Solutions simplifies the process of defining, developing, reporting and analyzing all facets of profitability measurement.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 2/28/2019 via BusinessWire

Tyler Technologies, Inc., acquired MicroPact Inc.

See 58 Comparable Transactions
synopsis: Arlington Capital Partners announced that Tyler Technologies, Inc. has completed the acquisition of its portfolio company MicroPact, a leading provider of specialized, vertically oriented case management and business process management (BPM) applications for government.
buyer: Tyler Technologies, Inc. (TYL:$1,039.57)
Tyler Technologies is a leading provider of end-to-end information management solutions and services for local governments. Tyler partners with clients to empower the public sector to become more efficient, more accessible and more responsive to the needs of their constituents. "
 target parent: Arlington Capital Partners
target: MicroPact Inc.
MicroPact, Inc. is a leading provider of specialized, vertically oriented case management and business process management (BPM) applications for government.
price ($mm)
$185
rev ($mm)
$70
EBITDA ($mm)
EV / rev
2.6x
EV / EBITDA
closed 10/29/2008 via PR Newswire

Oracle Corporation, acquired RuleBurst

See 60 Comparable Transactions
synopsis: Oracle announced it has agreed to acquire RuleBurst Holdings Limited, the parent company of Haley Limited, a leading provider of policy modeling and automation software, to create an end-to-end solution for social services agencies.
buyer: Oracle Corporation (ORCL:$39,531.00)
Oracle is the world's largest enterprise software company. The company is a leading provider of systems software, including database management, application development, and application server software. "
 target: RuleBurst
RuleBurst provides a comprehensive suite of software to prevent, detect and cure breaches in compliance with legislation, policy and business rules. Since 1989 RuleBurst has enabled organizations to accurately and consistently administer their policy and business rules.
price ($mm)
$155
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
Pages:  
closed 12/5/2011 via BusinessWire

Progress Software Corporation, acquired Corticon Technologies, Inc.

See 341 Comparable Transactions
synopsis: Progress Software Corporation, a leading software provider that enables enterprises to be operationally responsive, announced that it has completed the acquisition of Corticon Technologies, Inc., a leading Business Rules Management System vendor that enables organizations to make better, faster decisions by automating business rules.
buyer: Progress Software Corporation (PRGS:$391.30)
Progress Software Corporation is an independent enterprise software company that enables businesses to be operationally responsive to changing conditions and customer interactions as they occur – to capitalize on new opportunities, drive greater efficiencies and reduce risk. "
 target: Corticon Technologies, Inc.
Corticon Technologies is recognized as a leading Business Rules Management System vendor that enables organizations to make better, faster decisions by automating business rules. The company’s patented “no-coding” rules engine automates sophisticated decision processes.
price ($mm)
$23
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/20/2019 via PR Newswire

BC in the Cloud, acquired Rollbase, Inc.

See 1492 Comparable Transactions
synopsis: BC in the Cloud, an integrated cloud-based platform for business continuity and disaster recovery planning, has acquired Rollbase from Progress, a provider of application development and digital experience technologies. Rollbase is a cloud platform as a service (PaaS) software solution that helps customers deliver agile business applications.
buyer: BC in the Cloud
BC in the Cloud is an integrated cloud-based platform for business continuity and disaster recovery planning. BC in the Cloud offers automated tools for building and maintaining effective plans that streamline and simplify Continuity, Governance and Risk Management programs. "
 target parent: Progress Software Corporation
target: Rollbase, Inc.
Rollbase is a cloud platform as a service (PaaS) software solution that helps customers deliver agile, adaptable business applications quickly. Rollbase enables users to create SaaS business applications using drag-and-drop tools with minimal coding.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/1/2019 via BusinessWire

Progress Software Corporation, acquired Ipswitch, Inc.

See 2556 Comparable Transactions
synopsis: Progress, the leading provider of application development and digital experience technologies, announced that it has acquired privately held Ipswitch, Inc., a leading producer of award-winning and easy-to-use secure data file transfer and network management software.
buyer: Progress Software Corporation (PRGS:$391.30)
Progress offers the leading platform for developing and deploying mission-critical business applications. Progress empowers enterprises and ISVs to build and deliver cognitive-first applications, that harness big data to derive business insights and competitive advantage. "
 target: Ipswitch, Inc.
Ipswitch is making the networked world a safer place to share data. Ipswitch develops software solutions for SMBs and enterprises that assure secure data sharing and high-performance infrastructures.
price ($mm)
$225
rev ($mm)
$75
EBITDA ($mm)
EV / rev
3.0x
EV / EBITDA
closed 6/28/2017 via Company Press Release

Progress Software Corporation, acquired Kinvey

See 328 Comparable Transactions
synopsis: Progress announced it has acquired Kinvey, a privately-held company based in Boston and leader in Backend as a Service (BaaS) technology. Kinvey is used by organizations across industries to build and deploy modern applications.
buyer: Progress Software Corporation (PRGS:$391.30)
Progress offers the leading platform for developing and deploying mission-critical business applications. Progress empowers enterprises and ISVs to build and deliver cognitive-first applications, that harness big data to derive business insights and competitive advantage. "
 target: Kinvey
Kinvey is a privately-held company based in Boston and leader in Backend as a Service (BaaS) technology. Kinvey is used by organizations across industries to build and deploy modern applications including, Schneider Electric, Vmware, Bell and Howell, Thomas Jefferson University and Jefferson Health.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 3/29/2017 via BusinessWire

Progress Software Corporation, acquired DataRPM

See 327 Comparable Transactions
synopsis: Progress, the leading provider of application development and deployment technologies, announced it has completed the acquisition of DataRPM, a privately-held company and leader in cognitive predictive maintenance for the industrial IoT (IIoT) market.
buyer: Progress Software Corporation (PRGS:$391.30)
Progress Software Corporation is a global software company that simplifies the development, deployment and management of business applications on-premise or in the cloud, on any platform or device, to any data source, with enhanced performance, minimal IT complexity and low total cost of ownership. "
 target: DataRPM
DataRPM is focused on delivering predictive maintenance solutions for the Industrial IoT. Their platform increases prediction quality and accuracy by over 300% in 1/30th the time and resources delivering 30% in cost savings or revenue growth for business problems around predicting asset failures.
price ($mm)
$30
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/3/2016 via BNC Analysis

Progress Software Corporation, acquired OneBit Software Ltd

See 3579 Comparable Transactions
synopsis: US-based global software company Progress Software Corporation has acquired the engineering and services personnel of Bulgaria-based OneBit Software. OneBit Software is a software development and consulting company.
buyer: Progress Software Corporation (PRGS:$391.30)
Progress Software Corporation is a global software company that simplifies the development, deployment and management of business applications on-premise or in the cloud, on any platform or device, to any data source, with enhanced performance, minimal IT complexity and low total cost of ownership. "
 target: OneBit Software Ltd
OneBit Software is a software development and consulting company. Their core business is the heavy involvement with the Microsoft SharePoint platform.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 12/2/2014 via BusinessWire

Progress Software Corporation, acquired Telerik AD

See 1449 Comparable Transactions
synopsis: Progress Software Corporation announced that it has acquired privately held Telerik AD, a leading provider of application development tools. Telerik enables its 1.4 million strong developer community to create compelling user experiences across cloud, web, mobile and desktop applications.
buyer: Progress Software Corporation (PRGS:$391.30)
Progress Software Corporation is a global software company that simplifies the development, deployment and management of business applications on-premise or in the cloud, on any platform or device, to any data source, with enhanced performance, minimal IT complexity and low total cost of ownership. "
 target: Telerik AD
Telerik empowers its customers to create compelling app experiences across any screen. Their end-to-end platform uniquely combines industry-leading UI tools with cloud services to simplify the entire app development lifecycle.
price ($mm)
$263
rev ($mm)
$60
EBITDA ($mm)
EV / rev
4.4x
EV / EBITDA
closed 10/1/2014 via BusinessWire

Progress Software Corporation, acquired BravePoint, Inc.

See 5864 Comparable Transactions
synopsis: Progress announced it has acquired BravePoint, Inc., a Georgia-based leading provider of consulting, training and application development services designed to increase customers’ profitability and competitiveness through the use of technology.
buyer: Progress Software Corporation (PRGS:$391.30)
Progress Software Corporation is a global software company that simplifies the development, deployment and management of business applications on-premise or on any Cloud, on any platform and on any device with minimal IT complexity and low total cost of ownership. "
 target parent: Chesapeake Utilities Corporation
target: BravePoint, Inc.
BravePoint® provides domestic and international customers with a comprehensive suite of technology-related business services and solutions, including managed database administration services, consulting, training and application development for both enterprise and e-business applications.
price ($mm)
$12
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/9/2014 via BusinessWire

Progress Software Corporation, acquired Modulus

See 1195 Comparable Transactions
synopsis: Progress announced it has acquired Cincinnati, Ohio-based Modulus, a privately held company that provides a platform-as-a-service (PaaS) for easily hosting, deploying, scaling and monitoring data-intensive, real-time applications using powerful, rapidly growing Node.js and MongoDB technologies.
buyer: Progress Software Corporation (PRGS:$391.30)
Progress Software Corporation is a global software company that simplifies the development, deployment and management of business applications on-premise or on any Cloud, on any platform and on any device with minimal IT complexity and low total cost of ownership. "
 target: Modulus
Modulus is a privately held company that provides a platform-as-a-service (PaaS) for easily hosting, deploying, scaling and monitoring data-intensive, real-time applications using powerful, rapidly growing Node.js and MongoDB technologies.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/13/2013 via BusinessWire

Software AG, acquired Progress Apama

See 1665 Comparable Transactions
synopsis: Software AG announced that it has executed an agreement with Progress Software to acquire Apama, the market leading platform for Complex Event Processing (CEP) and CEP-powered solutions. Apama CEP allows organizations to correlate and analyze business activities across multiple data streams in real-time and take immediate action in response.
buyer: Software AG (XTRA:SOW:$993.05)
Software AG is the global leader in Business Process Excellence. Its 40 years of innovation include the invention of the first high-performance transactional database, Adabas; the first business process analysis platform, ARIS; and the first B2B server and SOA-based integration platform, webMethods."
 target parent: Progress Software Corporation
target: Progress Apama
Apama is a pioneer in the emerging market for Real-Time Enterprise Software, allowing organizations to continuously analyze and respond immediately to business events.
price ($mm)
$44
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/10/2013 via Company Press Release

Progress Software Corporation, acquired Rollbase, Inc.

See 1494 Comparable Transactions
synopsis: Rollbase is acquired by Progress Software. Rollbase operates a cloud platform for the design, development, deployment, and delivery of software as a service business applications and Websites using point and click, drag, and drop tools in a standard Web browser.
buyer: Progress Software Corporation (PRGS:$391.30)
Progress Software Corporation is a global software company that simplifies the development, deployment and management of business applications on-premise or on any Cloud, on any platform and on any device with minimal IT complexity and low total cost of ownership. "
 target: Rollbase, Inc.
Rollbase is a cloud platform for development and delivery of software as a service (SaaS) business applications. Rollbase delivers on the promise of rapid application development, making app creation much faster than traditional software development methods.
price ($mm)
$9.50
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 12/24/2012 via Company Press Release

Micro Focus International Limited, will purchase Orbix, Orbacus, and Artix from Progress Software Corporation

See 6399 Comparable Transactions
synopsis: Micro Focus International plc announces the acquisition of Progress’s Orbix, Orbacus and Artix software product lines. Orbix provides enterprise CORBA solutions. Artix is an Extensible Enterprise Service Bus for the management of a Service-Oriented Architecture. Orbacus is a mature CORBA-compliant middleware product.
buyer: Micro Focus International Limited (LSE:MCRO:$3,169.60)
Micro Focus, a member of the FTSE 250, provides innovative software that allows companies to dramatically improve the business value of their enterprise applications. "
 seller: Progress Software Corporation (PRGS:$391.30)
Progress Software Corporation is a global software company that simplifies the development, deployment and management of business applications on-premise or on any Cloud, on any platform and on any device with minimal IT complexity and low total cost of ownership.
price ($mm)
$15
rev ($mm)
$28
EBITDA ($mm)
EV / rev
0.5x
EV / EBITDA
closed 10/19/2012 via BusinessWire

Rocket Software, Inc., acquired Shadow

See 2783 Comparable Transactions
synopsis: Rocket Software, Inc. announced that it has acquired the Shadow business from Progress Software. Shadow is a leading provider of mainframe integration software for the IBM System z platform. The entire Shadow team, which is primarily based near Houston, Texas, has joined the global organization.
buyer: Rocket Software, Inc.
Rocket Software is a software development firm that builds enterprise products and delivers enterprise solutions in the following segments: Business Intelligence and Analytics; Storage, Networks, and Compliance; App Development, Integration, and Modernization; and Database Servers and Tools. "
 target parent: Progress Software Corporation
target: Shadow
Shadow is a single, standards-based integration architecture that offers a comprehensive tool set for enterprise developers who wish to extend core mainframe data and applications into more modern computing environments.
price ($mm)
$29
rev ($mm)
$16
EBITDA ($mm)
EV / rev
2.0x
EV / EBITDA
closed 12/10/2012 via BusinessWire

Trilogy Enterprises, Inc., acquired Sonic, Savvion, Actional, and DXSI

See 4300 Comparable Transactions
synopsis: The software investment arm of Trilogy Enterprises announced that it has acquired four Progress Software businesses – Sonic, Savvion, Actional and DXSI. Sonic, Savvion, Actional and DXSI are Progress Software businesses. The businesses provide intelligent business process, application, and data management. Aurea Software is the new company created.
buyer: Trilogy Enterprises, Inc.
Trilogy Enterprises, Inc. creates technology-powered business solutions that deliver profitable new customers to companies worldwide. Trilogy, through its affiliates, has enjoyed decades of success by delivering innovative solutions to the world's largest companies. "
 target parent: Progress Software Corporation
target: Sonic, Savvion, Actional, and DXSI
Sonic, Savvion, Actional and DXSI are Progress Software businesses. The businesses provide intelligent business process, application, and data management.
price ($mm)
$114
rev ($mm)
$100
EBITDA ($mm)
EV / rev
1.1x
EV / EBITDA
announced 6/27/2012 via BusinessWire

Red Hat, Inc., will acquire FuseSource Corp.

See 2373 Comparable Transactions
synopsis: Red Hat, Inc. announced that it has signed a definitive agreement to acquire FuseSource from Progress Software Corporation. FuseSource, a provider of open source integration and messaging, will enable Red Hat to accelerate the delivery of application integration products and services to enterprise customers.
buyer: Red Hat, Inc. (RHT:$3,156.59)
Red Hat is the world's leading provider of open source software solutions, taking a community-powered approach to reliable and high-performing cloud, Linux, middleware, storage and virtualization technologies. Red Hat also offers award-winning support, training, and consulting services. "
 target parent: Progress Software Corporation
target: FuseSource Corp.
Headquartered in Bedford, Massachusetts, FuseSource serves many Fortune 500 companies with open source integration and open source messaging products based on Apache ServiceMix, Apache ActiveMQ, Apache CFX, and Apache Camel.
price ($mm)
$21
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 12/5/2011 via BusinessWire

Progress Software Corporation, acquired Corticon Technologies, Inc.

See 341 Comparable Transactions
synopsis: Progress Software Corporation, a leading software provider that enables enterprises to be operationally responsive, announced that it has completed the acquisition of Corticon Technologies, Inc., a leading Business Rules Management System vendor that enables organizations to make better, faster decisions by automating business rules.
buyer: Progress Software Corporation (PRGS:$391.30)
Progress Software Corporation is an independent enterprise software company that enables businesses to be operationally responsive to changing conditions and customer interactions as they occur – to capitalize on new opportunities, drive greater efficiencies and reduce risk. "
 target: Corticon Technologies, Inc.
Corticon Technologies is recognized as a leading Business Rules Management System vendor that enables organizations to make better, faster decisions by automating business rules. The company’s patented “no-coding” rules engine automates sophisticated decision processes.
price ($mm)
$23
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 1/11/2010 via BusinessWire

Progress Software Corporation, will acquire Savvion, Inc.

See 4302 Comparable Transactions
synopsis: Progress Software Corporation, a leading software provider that enables enterprises to be operationally responsive announced at its Global Field Operations Conference the acquisition of Savvion Inc., a privately held business enterprise software company based in Santa Clara, California, for approxim
buyer: Progress Software Corporation (PRGS:$391.30)
Progress Software Corporation is a global software company that enables enterprises to be operationally responsive to changing conditions and customer interactions as they occur – to capitalize on new opportunities, drive greater efficiencies and reduce risk. "
 target: Savvion, Inc.
Savvion is a pioneering and leading provider of Business Process Management (BPM) technology. The company offers a comprehensive, standards-based BPM suite that helps more than 300 of the world’s top-performing companies automate and continuously improve critical business processes.
price ($mm)
$49
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/30/2008 via BusinessWire

Progress Software Corporation, acquired Mindreef Inc.

See 2718 Comparable Transactions
synopsis: Progress Software Corporation a global supplier of application infrastructure software used to develop, deploy, integrate and manage business applications announced the completion of the acquisition of privately-owned Mindreef, Inc., the SOA Quality Company.
buyer: Progress Software Corporation (PRGS:$391.30)
Progress Software Corporation is a global software company that enables enterprises to be operationally responsive to changing conditions and customer interactions as they occur – to capitalize on new opportunities, drive greater efficiencies and reduce risk. "
 target: Mindreef Inc.
Mindreef, is a leading provider of solutions for the successful development of Web services, enabling organizations to meet their goals for high-quality SOA adoption. Our products enable business analysts, application developers and support staff to build, deploy, and maintain software for an SOA.
price ($mm)
$6.00
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 9/12/2008 via BusinessWeek

Progress Software Corporation, acquired IONA® Technologies

See 1485 Comparable Transactions
synopsis: Progress Software Corporation, a global supplier of application infrastructure software used to develop, deploy, integrate and manage business applications today announced that all regulatory and legal requirements have been satisfied and that the acquisition of IONA Technologies plc is now complete.
buyer: Progress Software Corporation (PRGS:$391.30)
Progress Software Corporation is a global software company that enables enterprises to be operationally responsive to changing conditions and customer interactions as they occur – to capitalize on new opportunities, drive greater efficiencies and reduce risk. "
 target: IONA® Technologies
IONA Technologies has been a world leader in delivering high-performance integration solutions for Global 2000 IT environments. IONA pioneered standards-based integration with its CORBA-based Orbix® products.
price ($mm)[EV]
$148 [$110]
rev ($mm)
$79
EBITDA ($mm)
EV / rev
1.4x
EV / EBITDA
closed 11/1/2006 via BusinessWire

DataDirect Technologies, acquired OpenAccess Software Inc

See 1151 Comparable Transactions
synopsis: DataDirect Technologies, the unparalleled leader in data connectivity and mainframe integration and an operating company of Progress Software Corporation announced its acquisition of OpenAccess Software, Inc., a provider of development toolkits for rapid development of ODBC and JDBC drivers, as well as ADO.NET and OLE DB providers. The terms of the
buyer parent: Progress Software Corporation
buyer: DataDirect Technologies
DataDirect Technologies is the software industry’s only comprehensive provider of software for connecting the world’s most critical business applications to data and services, running on any platform, using proven and emerging standards. "
 target: OpenAccess Software Inc
OpenAccess Software, Inc.is the leading provider of OLE DB, JDBC, ODBC, and .NET technologies to support standards based interfaces to any data source on any platform.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/23/2006 via BusinessWire

Progress Software Corporation, acquired Actional Corporation

See 950 Comparable Transactions
synopsis: Progress Software Corporation, a global supplier of application infrastructure software used to develop, deploy, integrate and manage business applications, today announced the completion of its acquisition of privately-held Actional Corporation for approximately $32 million, net of cash acquired, in cash and shares of Progress common stock.
buyer: Progress Software Corporation (PRGS:$391.30)
Progress Software Corporation is a global software company that enables enterprises to be operationally responsive to changing conditions and customer interactions as they occur – to capitalize on new opportunities, drive greater efficiencies and reduce risk. "
 target: Actional Corporation
As a leading provider of SOA enablement solutions, Actional Corporation addresses the specific challenges of securing, deploying and managing service-oriented environments, from early Web services projects to enterprisewide SOA initiatives.
price ($mm)
$32
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
Pages:  
closed 9/4/2019 via BusinessWire

Acquia, Inc., acquired Cohesion Web Technologies

See 1466 Comparable Transactions
synopsis: Digital experience company Acquia has acquired the UK-based Cohesion, creator of DX8, the first enterprise-grade, low-code Drupal website builder. With this acquisition, content marketers and site builders with minimal coding skills can create Drupal websites up to 4X faster, according to user testing.
buyer: Acquia, Inc.
Acquia is the open source digital experience company. Acquia provides the world’s most ambitious brands with technology that allows them to embrace innovation and create customer moments that matter. Acquia gives its customers the freedom to build tomorrow on their terms. "
 target: Cohesion Web Technologies
UK-based Cohesion is the creator of DX8, the first enterprise-grade, low-code Drupal website builder. Cohesion DX8 offers the in-browser creation of themes, layouts, and pages to empower designers and marketers to quickly build beautiful new sites.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/8/2019 via BusinessWire

TPG Capital, acquired CollabNet VersionOne

See 1249 Comparable Transactions
synopsis: TPG Capital, the private equity platform of TPG, has acquired CollabNet VersionOne, a platform provider for Agile planning, DevOps, and Value Stream Management. Together with TPG, CollabNet can meet the needs of large enterprises that require end-to-end software infrastructure to connect Agile and DevOps teams and activities to business value.
buyer: TPG Capital
TPG is a leading global alternative asset firm with more than $103 billion of assets under management. TPG’s investment platforms are across a wide range of asset classes, including private equity, growth venture, real estate, credit, and public equity. "
 target parent: Vector Capital
target: CollabNet VersionOne
CollabNet VersionOne is a leading platform provider for Value Stream Management, Agile planning, DevOps and source code management.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/31/2019 via BNC Analysis

Kodular, acquired AppyBuilder

See 1402 Comparable Transactions
synopsis: Kodular, a free online suite for mobile apps development, has acquired AppyBuilder, a free Drag & Drop mobile app builder platform that allows anyone to quickly design and build Android mobile apps, even with no coding skills.
buyer: Kodular
Kodular is a free online suite for mobile apps development. It mainly provides an online drag-and-drop Android app creator, on which everyone can create any kind of app without programming a single line of code. "
 target: AppyBuilder
AppyBuilder is a free Drag & Drop mobile app builder platform that allows anyone to quickly design and build Android mobile apps, even with no coding skills. They have over 85,00 registered members who have made over 300,000 projects/apps.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 8/28/2019 via BusinessWire

Temenos Group AG, will acquire Kony

See 1529 Comparable Transactions
synopsis: Temenos, the banking software company, announced that it has agreed to acquire Kony Inc, the fastest growing, cloud-based digital application solutions company, and a recognized industry leader among low code, digital, and mobile application development platform providers, and an emerging leader in the digital banking market.
buyer: Temenos Group AG (SWX:TEMN:$901.75)
Temenos AG, headquartered in Geneva, is the world leader in banking software, partnering with banks and other financial institutions to transform their businesses and stay ahead of the changing marketplace. "
 target: Kony
Kony is the fastest growing, cloud-based digital application solutions company, and a recognized industry leader among low code, digital, and mobile application development platform providers, and is an emerging leader in the digital banking market.
price ($mm)
$559
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/8/2019 via BusinessWire

Tricentis GmbH, acquired TestProject

See 103 Comparable Transactions
synopsis: Tricentis, the industry’s No. 1 Continuous Testing platform, has acquired TestProject, the world’s first cloud-based, community testing platform. TestProject makes it easier for testers to do their jobs quickly, and to collaborate using popular open source frameworks (e.g., Selenium and Appium) to ensure quality with speed.
buyer: Tricentis GmbH
With the industry’s No. 1 Continuous Testing platform, Tricentis is recognized for reinventing software testing for DevOps. Their innovative technologies simplify testing for even the most complex enterprise applications—transforming testing from a roadblock to a catalyst for innovation. "
 target: TestProject
TestProject is the world’s first cloud-based, community testing platform. TestProject makes it easier for testers to do their jobs quickly, and to collaborate using popular open source frameworks (e.g., Selenium and Appium) to ensure quality with speed.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/29/2019 via GlobeNewswire

Pantheon, acquired StagingPilot

See 1466 Comparable Transactions
synopsis: Pantheon, the leading website operations platform for marketers and developers have acquired StagingPilot. StagingPilot monitors websites for updates to WordPress or any plugins. StagingPilot creates a copy of the site, applies the updates, and uses a visual regression testing process to determine if the updates are safe to deploy.
buyer: Pantheon
Pantheon is a website operations platform (WebOps) for Drupal and WordPress, running more than 285,000 sites in the cloud and serving over 10 billion page views a month. Pantheon’s multi-tenant, container-based platform enables organizations to manage all of their websites from a single dashboard. "
 target: StagingPilot
StagingPilot is a WordPress maintenance solution application. StagingPilot monitors websites for updates to WordPress core or any plugins. It creates a pre-production copy of the site, applies the updates, and uses a visual regression testing process to determine if the updates are safe to deploy.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/24/2019 via BNC Analysis

Marlin Equity Partners, acquired Skuid

See 1449 Comparable Transactions
synopsis: Marlin Equity Partners has picked up a majority stake in no-code cloud app development platform Skuid through a recapitalisation deal. With Skuid, hundreds of companies quickly design and deploy enterprise apps that more than 5 million users love to use—all with no code required.
buyer: Marlin Equity Partners
Marlin Equity Partners is a global investment firm with over $6.7 billion of capital under management. The firm is focused on providing corporate parents, shareholders and other stakeholders with tailored solutions that meet their business and liquidity needs. "
 target: Skuid
Skuid is the world’s first and leading no-code cloud platform for rapid digital innovation. With Skuid, hundreds of companies quickly design and deploy enterprise apps that more than 5 million users love to use—all with no code required.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 3/20/2019 via Company Press Release

Evolv Technology Solutions, acquired Sentient Technologies

See 1331 Comparable Transactions
synopsis: Evolv Technology Solutions announced it has acquired Sentient Ascend, the world’s leading autonomous experience optimization solution for websites and mobile applications. Evolv develops and markets commercially focused, high-value software for enterprises.
buyer: Evolv Technology Solutions
Evolv Technologies is defining autonomous optimization for the digital era and empowers companies to scale their digital experience and performance. Evolv develops and markets commercially focused, high-value software for enterprises. "
 target: Sentient Technologies
Sentient Ascend is the world’s leading autonomous experience optimization solution for websites and mobile applications. Ascend gives marketers the power to simultaneously test multiple potential improvements to their websites and apps, allowing for experimentation to be carried out at a new scale.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 1/14/2019 via Company Press Release

Vista Equity Partners, will acquire QuickBase

See 2713 Comparable Transactions
synopsis: Quick Base, the leading SaaS platform for building powerful, integrated, customized business applications, announced it has signed a definitive agreement to receive a majority investment by Vista Equity Partners. Quick Base’s current investor, Welsh, Carson, Anderson & Stowe (“WCAS”), will retain a significant investment in the company.
buyer: Vista Equity Partners
Vista Equity Partners, a U.S.-based investment firm with more than $46 billion in cumulative capital commitments, currently invests in software, data and technology-enabled organizations led by world-class management teams with long-term perspective. "
 target parent: Welsh, Carson, Anderson & Stowe
target: QuickBase
Quick Base is the platform that businesses use to quickly turn ideas about better ways to work into apps that make them more efficient, informed and productive. Quick Base is used by more than 6,000 customers, including half of the Fortune 100, across a variety of industries and use cases.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 12/27/2018 via BNC Analysis

Easy Software AG, acquired ApiOmat

See 1245 Comparable Transactions
synopsis: EASY SOFTWARE, a leading developer and provider of multi-platform solutions in the electronic archiving, document management and enterprise content management sectors, has acquired ApiOmat, a company that provides global companies with a platform to integrate any of their enterprise IT systems with mobile devices and wearables.
buyer: Easy Software AG (XTRA:ESY:$51.62)
EASY SOFTWARE AG is a leading developer and provider of multi-platform solutions in the electronic archiving, document management and enterprise content management sectors. EASY structures document flow using integrated workflow functionalities, ensuring revision-proof long-term archiving. "
 target: ApiOmat
From their offices in Palo Alto (USA) and Leipzig (GER), ApiOmat provides global companies with a platform to integrate any of their enterprise IT systems with mobile devices and wearables – allowing them to rapidly create apps that innovate their business and separate them from the competition.
price ($mm)
$9.12*
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/16/2018 via BNC Analysis

Adobe Systems Incorporated, acquired Sayspring, Inc.

See 1236 Comparable Transactions
synopsis: Adobe, the global leader in digital marketing and digital media solutions, has acquired Sayspring, a platform that allows anyone to design, build, and prototype voice interfaces for Amazon Alexa and Google Assistant. Sayspring's platform features a drag-and-drop design tool and generates a script for each user flow.
buyer: Adobe Systems Incorporated (ADBE:$11,171.30)
Adobe is the global leader in digital marketing and digital media solutions. Adobe’s tools and services allow their customers to create groundbreaking digital content, deploy it across media and devices, measure and optimize it over time, and achieve greater business success. "
 target: Sayspring, Inc.
Sayspring is a platform that allows anyone to design, build, and prototype voice interfaces for Amazon Alexa and Google Assistant. The platform features a drag-and-drop design tool and generates a script for each user flow, allowing them to follow along during the testing of their application.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/7/2017 via PR Newswire

VersionOne merged with CollabNet, Inc.,

See 43 Comparable Transactions
synopsis: CollabNet, a leader in enterprise software development and DevOps solutions, and VersionOne, the leader in enterprise Agile software solutions and services, have merged. The combined company, which will maintain the CollabNet name, will offer the industry's most complete Enterprise Agile, ALM Collaboration, Version Control and DevOps solutions.
buyer parent: Vector Capital
buyer: CollabNet, Inc.
CollabNet helps enterprises and government organizations develop and deliver high-quality software at speed. CollabNet offers innovative solutions, provides consulting and Agile training services, and proudly supports more than 10,000 customers with 6 million users in 100 countries. "
 target: VersionOne
VersionOne helps organizations scale enterprise-wide agility. Using their enterprise software platform for unified Agile and DevOps, teams at every level can work together to envision and deliver great software.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 7/1/2017 via Company Press Release

GOD IT Sourcing, acquired datenbanken24

See 1449 Comparable Transactions
synopsis: GOD IT Sourcing, a leading IT service provider that develops high-quality IT solutions for enterprise customers, has acquired datenbanken24, a leading cloud-based application builder. datenbanken24 requires no programming skills and allows businesses to create professional applications that are instantly ready for use and tailored to their needs.
buyer: GOD IT Sourcing
GOD IT Sourcing is an IT service provider that develops high-quality IT solutions for enterprise customers. The company specializes in method & technology consulting, software design & development, managed IT services, process-oriented application software (SAP) and cloud services. "
 target: datenbanken24
datenbanken24 is a leading cloud-based application builder in Germany, Austria and Switzerland. datenbanken24 requires no programming skills and allows businesses to create professional applications that are instantly ready for use and tailored to their needs.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/8/2017 via Company Press Release

AppInstitute, acquired Appsme

See 1449 Comparable Transactions
synopsis: AppInstitute has made strides into further establishing themselves as the preeminent DIY App Builder solution with the acquisition of Appsme, a recognised industry leader in high scale mobile application platforms. Appsme is an easy-to-use website that enables anyone to build a mobile app for their business with a simple three-step process.
buyer: AppInstitute
Dubbed the ‘WordPress for mobile apps’, AppInstitute is at the forefront of the mobile app platform industry. Their cloud-based service aims to revolutionise the app market by providing a SaaS platform that lets SMEs and individuals with little to no prior technical knowledge create their own app. "
 target: Appsme
Appsme is an easy-to-use website that enables anyone to build a mobile app for their business with a simple three-step process. The apps come packed with essential features for business and they encourage customers to recommend them to their friends.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 3/16/2017 via PR Newswire

Boomi, acquired ManyWho, Inc.

See 45 Comparable Transactions
synopsis: Dell Boomi, the world's leading cloud integration platform, announced it has acquired ManyWho, a unified cloud and low-code development platform. ManyWho simplifies workflow automation and allows businesses and developers to turn business processes into rich software applications to connect employees, customers and core systems.
buyer parent: Dell, Inc.
buyer: Boomi
Dell Boomi, an independent business unit of Dell, accelerates business agility by integrating the information organizations need whenever they need it. The Boomi integration platform dramatically transforms the way organizations connect, create, manage and govern all their applications and data. "
 target: ManyWho, Inc.
ManyWho operates a cloud platform that turns business processes into social software applications. Its platform lets business users and developers build workflow applications, such as mobile and Web; and is embedded into existing applications to provide the customization and workflow capabilities.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 12/15/2016 via BNC Analysis

UsabilityTools merged with Positionly,

See 1220 Comparable Transactions
synopsis: Positionly, a startup offering SEO software, has merged with Usability Tools. UsabilityTools provides tools for remote user experience testing.
buyer: Positionly
Positionly develops software solutions to track website's position and measure search engine optimization performance. Positionly sp z o.o. was founded in 2012 and is based in Warsaw, Poland. "
 target: UsabilityTools
UsabilityTools is the industry-leading solution for applying in-page visual analytics across websites and web apps. Use it to remove conversion barriers and discover opportunities for growth.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 11/23/2016 via Company Press Release

InSequent, Inc., acquired Undelay.io

See 1499 Comparable Transactions
synopsis: Insequent has announced the acquisition of Undelay.io, a web-based adaptive & responsive website and landing page builder. Insequent has the only fully responsive and adaptive website builder that also includes a sophisticated landing page builder to the user's campaign traffic.
buyer: InSequent, Inc.
Insequent is a world class digital marketing platform serving the needs of enterprise clients and their SMB customers. From mobile & responsive websites to SMS and PPC they offer a full suite of digital marketing solutions. "
 target: Undelay.io
Undelay.io is a web-based adaptive & responsive website and landing page builder.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 7/24/2016 via BNC Analysis

Gridstore, acquired DCHQ, Inc.

See 1299 Comparable Transactions
synopsis: Gridstore, a company that focuses on building software and data center appliances for Windows Hyper V-based clouds, announced that it has acquired DCHQ, a service that helps enterprises move their applications to any cloud or container infrastructure (with a specific focus on Java-based applications).
buyer: Gridstore
Gridstore is the leader in HyperConverged All-Flash Infrastructure for the Microsoft Cloud-Inspired Data Center. Their customers gain a 10X performance improvement over traditional storage as they put all-flash as close to the workload as possible. "
 target: DCHQ, Inc.
DCHQ is the leading enterprise Docker management solution focusing on enterprise application modeling, deployment, service discovery and lifecycle management.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/21/2016 via BNC Analysis

Exoscale, acquired cloudControl

See 1424 Comparable Transactions
synopsis: Exoscale, the Lausanne, Switzerland based cloud hosting provider announces the acquisition of Berlin, Germany based cloudControl. Acquired assets include the brand and intellectual property rights. The cloudControl team is joining Exoscale.
buyer: Exoscale
Exoscaleis a self-service that provides cloud hosting with an emphasis on simplicity, scalability and safety for SaaS companies and web applications. A simple and intuitive web administration interface coupled with a no-surprise pricing plan make complex infrastructure concepts easily palatable. "
 target: cloudControl
cloudControl is Europe’s Platform-as-a-Service pioneer, developing and running a leading multi-language PaaS since 2009. The cloudControl platform supercharges development of applications and business solutions by enabling rapid innovation cycles.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/1/2016 via PR Newswire

Welsh, Carson, Anderson & Stowe, acquired QuickBase

See 2691 Comparable Transactions
synopsis: Welsh, Carson, Anderson & Stowe, a leading technology-focused private equity firm, announced it has completed the transaction with Intuit Inc. to acquire its QuickBase business. QuickBase provides an industry-leading low-code development platform to enable the creation and rapid deployment of customized, purpose-built cloud applications.
buyer: Welsh, Carson, Anderson & Stowe
WCAS focuses its investment activity in two target industries: technology and healthcare. Since its founding in 1979, WCAS has organized 16 limited partnerships with total capital of over $22 billion. WCAS has a current portfolio of approximately twenty-five companies. "
 target parent: Intuit, Inc.
target: QuickBase
QuickBase is focused on helping businesses of all sizes drive productivity and digitally transform their organizations. The platform's unique low-code interface enables users to create custom applications faster and easier without learning code.
price ($mm)
rev ($mm)
$70
EBITDA ($mm)
EV / rev
0.0x
EV / EBITDA
Pages:  

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Ticker: TSXV:SYZ
 
 
 
 
 
 
 
 
Sylogist Ltd.
Sylogist Ltd.
Based in Canada, Sylogist is a technology innovation company that, through strategic acquisitions, investments and operations management, provides intellectual property solutions to a wide range of Public Sector customers.
year
2017
rev ($mm)
$26.06
EBITDA ($mm)
$8.36
EBIT ($mm)
$7.32
Net Income ($mm)
$5.67
Employees
91
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Ticker: LSE:GHT
 
 
 
 
 
 
 
 
Gresham Computing
Gresham Computing
Gresham Computing plc is a leading software and services company that specialises in providing real-time transaction control and enterprise data integrity solutions. Gresham’s Clareti software platform is designed to provide financial institutions with complete certainty in their data processing.
year
2018
rev ($mm)
$24.43
EBITDA ($mm)
($1.87)
EBIT ($mm)
($2.51)
Net Income ($mm)
Employees
138
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Ticker: ASX:RKN
 
 
 
 
 
 
 
 
Reckon Limited
Reckon Limited
Reckon Limited (RKN) is an Australian publicly listed company well known as a leading provider of software solutions for accounting and bookkeeping professionals, as well as small to medium sized businesses, small office/home office users and personal wealth management.
year
2017
rev ($mm)
$73.92
EBITDA ($mm)
$14.15
EBIT ($mm)
$10.70
Net Income ($mm)
$7.78
Employees
118
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Ticker: NEWR
 
 
 
 
 
 
 
 
New Relic, Inc
New Relic, Inc
New Relic is a software analytics company that provides deep performance analytics for every part of the software environment. Their SaaS platform allows users to easily view and analyze massive amounts of data, and gain actionable insights in real-time.
year
2019
rev ($mm)
$512.01
EBITDA ($mm)
($19.03)
EBIT ($mm)
($45.09)
Net Income ($mm)
Employees
1795
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Ticker: PRGS
 
 
 
 
 
 
 
 
Progress Software Corporation
Progress Software Corporation
Progress Software Corporation is a global software company that simplifies the development, deployment and management of business applications on-premise or in the cloud, on any platform or device, to any data source, with enhanced performance, minimal IT complexity and low total cost of ownership.
year
2019
rev ($mm)
$391.30
EBITDA ($mm)
$132.18
EBIT ($mm)
$88.70
Net Income ($mm)
$59.16
Employees
1412
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Ticker: TSE:4845
 
 
 
 
 
 
 
 
Fusion Partners Co.
Fusion Partners Co.
Fusion Partners Co. engages in the development and sale of database software. Its operations are carried out through the following segments: Software as a Service (SaaS)/ Application Service Provider (ASP) Business, Language Processing-Related Business, and Database Business.
year
2015
rev ($mm)
$18.68
EBITDA ($mm)
$5.30
EBIT ($mm)
$4.72
Net Income ($mm)
$2.61
Employees
117
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Ticker: OM:BUSER
 
 
 
 
 
 
 
 
Bambuser Ab
Bambuser Ab
Bambuser is a Swedish software company that offers B2B solutions for live video. Bambuser allows users to effortlessly create engaging experiences in any app using their developer-friendly tools and fully managed live video platform.
year
2018
rev ($mm)
$0.47
EBITDA ($mm)
($1.81)
EBIT ($mm)
($2.07)
Net Income ($mm)
Employees
0
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Ticker: TWLO
 
 
 
 
 
 
 
 
Twilio
Twilio
Twilio's mission is to fuel the future of communications. Developers and businesses use Twilio to make communications relevant and contextual by embedding messaging, voice, and video capabilities directly into their software applications.
year
2018
rev ($mm)
$492.65
EBITDA ($mm)
($77.71)
EBIT ($mm)
($88.98)
Net Income ($mm)
Employees
1119
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Ticker: OTCPK:WEYL
 
 
 
 
 
 
 
 
Weyland Tech, Inc.
Weyland Tech, Inc.
Weyland Tech, Inc., formerly Seratosa, Inc., is specialized in providing e-commerce solutions and services that facilitate multi-channel business-to-consumer (B2C) and business-to-business (B2B) transactions. The Company’s CreateApp is an M-commerce applications platform.
year
2019
rev ($mm)
$30.02
EBITDA ($mm)
($3.06)
EBIT ($mm)
($3.16)
Net Income ($mm)
Employees
17
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Ticker: CLDR
 
 
 
 
 
 
 
 
Cloudera, Inc
Cloudera, Inc
Cloudera delivers the modern platform for data management and analytics. They provide the fastest, easiest, and most secure Apache Hadoop platform to help solve business problems with data. They empower their clients to use advanced analytics to drive business decisions quickly and flexibly.
year
2019
rev ($mm)
$647.68
EBITDA ($mm)
($187.36)
EBIT ($mm)
($268.79)
Net Income ($mm)
Employees
2947
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Ticker: TSE:9629
 
 
 
 
 
 
 
 
PCA Corporation
PCA Corporation
PCA Corporation develops and sells computer software in Japan. It offers PCA Cloud, a cloud-based service that allows users to access data centers over the Internet and use software that has been installed on rented servers and PCA Dream21, an integrated ERP software package.
year
2018
rev ($mm)
$95.78
EBITDA ($mm)
$9.88
EBIT ($mm)
$5.79
Net Income ($mm)
$6.05
Employees
471
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Ticker: DSS
 
 
 
 
 
 
 
 
Document Security Systems, Inc.
Document Security Systems, Inc.
Document Security Systems, Inc. is a leader in anti-counterfeit, authentication, and mass-serialization technologies, providing security solutions to corporations, governments, and financial institutions.
year
2012
rev ($mm)
$17.10
EBITDA ($mm)
EBIT ($mm)
Net Income ($mm)
Employees
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Ticker: ASX:NET
 
 
 
 
 
 
 
 
NetLinkz
NetLinkz
NetLinkz is an Australian provider of secure and efficient cloud network solutions. NetLinkz offers Virtual Invisible Network, a network technology solution that allows organisations to connect sites, devices and staff over the internet through a unique network solution that is generally invisible.
year
2019
rev ($mm)
$0.38
EBITDA ($mm)
($7.16)
EBIT ($mm)
($7.16)
Net Income ($mm)
Employees
0
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Ticker: PFSW
 
 
 
 
 
 
 
 
PFSweb, Inc.
PFSweb, Inc.
PFSweb is a global provider of end-to-end eCommerce solutions including digital agency and marketing services, technology development services, business process outsourcing services and a complete omni-channel technology ecosystem.
year
2016
rev ($mm)
$250.40
EBITDA ($mm)
$16.25
EBIT ($mm)
$1.07
Net Income ($mm)
Employees
2100
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Ticker: OM:PREC
 
 
 
 
 
 
 
 
Precise Biometrics AB
Precise Biometrics AB
Precise Biometrics is a market leading supplier of solutions for convenient and secure authentication of people’s identity. They develop and sell fingerprint software and mobile smart card readers that provide the market’s best user experience and security.
year
2016
rev ($mm)
$10.13
EBITDA ($mm)
$2.30
EBIT ($mm)
$2.16
Net Income ($mm)
$3.50
Employees
27
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Ticker: AKAM
 
 
 
 
 
 
 
 
Akamai Technologies
Akamai Technologies
Akamai, the leader in Content Delivery Network services, makes the Internet fast, reliable and secure for its customers. Their advanced web performance, mobile performance, cloud security and media delivery solutions are revolutionizing how businesses optimize experiences for any device, anywhere.
year
2019
rev ($mm)
$2,794.57
EBITDA ($mm)
$782.96
EBIT ($mm)
$509.29
Net Income ($mm)
$422.64
Employees
7519
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Ticker: CARB
 
 
 
 
 
 
 
 
Carbonite, Inc.
Carbonite, Inc.
Carbonite, Inc. is a leading provider of cloud and hybrid backup and recovery solutions for businesses. They offer a comprehensive suite of affordable services for data protection, recovery and anywhere, anytime access.
year
2019
rev ($mm)
$405.29
EBITDA ($mm)
$42.24
EBIT ($mm)
($10.88)
Net Income ($mm)
Employees
965
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Ticker: KOSDAQ:A263860
 
 
 
 
 
 
 
 
Genians, Inc.
Genians, Inc.
Genians, Inc. is a South Korean-based provider of Network Access Control (NAC) solutions. Their flagship product, Genian NAC, helps businesses maintain smart visiblity and control of all of their IT assets and ensures the highest level of security compliance by using cloud technology.
year
2018
rev ($mm)
$18.19
EBITDA ($mm)
$2.74
EBIT ($mm)
$2.43
Net Income ($mm)
$2.21
Employees
0
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