Like e-conomic International

closed 8/19/2013 via PE Hub

HgCapital, acquired e-conomic International

synopsis: HgCapital announced that it has acquired e-conomic. Founded in 2001 in Copenhagen, e-conomic is Europe’s leading and largest SaaS accounting company for SMEs with c. 60,000 customers for its core product, and c. 100,000 customers for its freemium invoicing and expenses product Debitoor.
buyer: HgCapital
HgCapital is a leading investor in the European private equity market. Successor to Mercury Private Equity, which was acquired by Merrill Lynch. Mercury Private Equity staff acquired the business from Merrill Lynch and renamed it HgCapital. HgCapital has funds under management of €2.5 billion. "
target: e-conomic International
e-conomic online accounting software is easy to use and specially developed for small and medium-sized companies. With more than 85,000 companies as customers on a worldwide basis, e-conomic is the largest online accounting software in Europe.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/13/2020 via Company Press Release

Dylog Italia Spa, acquired StudioBoost Srl

synopsis: Dylog Italia Spa, an Italian developer of management software solutions and services, has acquired the Bolognese startup StudioBoost, a company active in the design and creation of smart and innovative solutions for the management of small and medium-sized enterprises, commercial businesses, and professionals.
buyer: Dylog Italia Spa
Italy-based Dylog engineers, develops, and markets management software solutions and services for businesses and professionals across various sectors. Innovation, research, and attention to quality have led Dylog to be one of the national leaders in the Information Technology sector. "
target: StudioBoost Srl
StudioBoost is an Italian software house engaged in the development of native cloud software. Through RPA (Robotic Process Automation) techniques, StudioBoost's software can automate and simplify accounting and financial management for any small business owner.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 11/27/2019 via Company Press Release

Intuit, Inc., acquired ChronoBooks

synopsis: Intuit® is taking the next step in making QuickBooks® Online the premier solution for small- and mid-size businesses (SMBs) by acquiring ChronoBooks, a cloud-based solution that accountants and SMBs rely on to view and restore historical QuickBooks Online activity.
buyer: Intuit, Inc. (INTU:$6,857.00)
Intuit Inc. creates business and financial management solutions that simplify the business of life for small businesses, consumers and accounting professionals. Its flagship products and services include QuickBooks®, which make it easier to manage small businesses and tax preparation and filing. "
target: ChronoBooks
ChronoBooks is a cloud-based solution that accountants and SMBs rely on to view and restore historical QuickBooks Online activity.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 11/6/2019 via Company Press Release

Access Group, acquired Attaché

synopsis: The Access Group, the UK-based leading provider of software to growing mid-market businesses, announced the acquisition of Attaché, an Australian-based Financial Management and Payroll software supplier with over 30 years’ experience providing software to Australasian mid-market businesses.
buyer parent: TA Associates
buyer: Access Group
Access is a leading provider of business software to the UK mid-market. Their portfolio of solutions includes ERP, finance, HR, Payroll, recruitment, warehousing, business intelligence, professional service automation, manufacturing, and more. "
target: Attaché
Attaché is an Australian-based Financial Management and Payroll software supplier with over 30 years’ experience providing software to Australasian mid-market businesses.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/28/2019 via BNC Analysis

Ageras A/S, acquired Billy ApS

synopsis: Billy, a Danish company that offers user-friendly accounting software for entrepreneurs, craftsmen and freelancers, has been acquired by Danish Ageras, which operates Europe's largest platform to match accountants and lawyers with companies.
buyer parent: Investcorp
buyer: Ageras A/S
Headquartered in Denmark, Ageras aims to improve transparency within the financial sector and to make it easier for clients to choose the right financial specialist. Their network includes thousands of skilled partners, who are always ready and willing to provide clients with a quote. "
target: Billy ApS
Headquartered in Denmark, Billy offers user-friendly accounting software for entrepreneurs, craftsmen and freelancers. The SaaS company offers an own-developed software platform allowing integration to over 75 essential transaction, salary and web shop specific business applications.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 7/24/2019 via Company Press Release

Lendio, acquired Billy

synopsis: Lendio, the nation’s leading marketplace for small business loans, announced the acquisition of Billy, a billing and expense tracking solution that gives small business owners real-time insight into their business finances, allowing for more streamlined accounting, invoicing, reporting and access to capital. Billy is being re-branded as Sunrise.
buyer: Lendio
Lendio is a free online service that helps business owners find the right small business loans within minutes. Bringing all options together in one place, from short-term specialty financing to long-term, low-interest traditional loans, their technology makes small business lending simple. "
target: Billy
Billy is a cloud-based small business accounting platform. A billing and expense tracking solution, Billy gives solopreneurs and small business owners real-time insight into their business finances, allowing for more streamlined accounting, invoicing, reporting and access to capital.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 7/1/2019 via GlobeNewswire

H & R Block, Inc., acquired Wave Financials Inc.

synopsis: H&R Block, Inc. has acquired Canda-based Wave HQ Inc., a rapidly growing financial solutions platform focused on changing the way small business owners manage their finances. Wave provides accounting, invoicing, payroll, and payments software solutions, as well as bookkeeping services, built into a comprehensive platform.
buyer: H & R Block, Inc. (HRB:$3,094.88)
H&R Block, Inc. is a global consumer tax services provider. Tax return preparation services are provided by professional tax preparers in company-owned and franchise retail tax offices, and through H&R Block tax software products. H&R Block also offers adjacent Tax Plus products and services. "
target: Wave Financials Inc.
Canada-based Wave Financial Inc. provides software solutions and related services designed to help small business owners manage their finances. Wave provides accounting, invoicing, payroll, and payments software solutions, as well as bookkeeping services, built into a comprehensive platform.
price ($mm)
$405
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 9/26/2018 via Company Press Release

Visma ASA, acquired Merit Tarkvara AS

synopsis: Visma expands its geographic footprint and strengthens its Northern European leadership in cloud-based ERP for accountants and the SMB segment with the acquisition of Estonia based Merit Tarkvara. Merit Tarkvara was founded 27 years ago, based on accounting, payroll and stock managing software.
buyer: Visma ASA
Based in Norway, Visma makes businesses more efficient, through offerings of software, commerce solutions, retail IT-solutions, and IT-related projects and consulting. Visma simplifies and digitalizes core business processes within the private and public sector. "
target: Merit Tarkvara AS
Merit Tarkvara was founded 27 years ago, based on accounting, payroll and stock managing software, with the key products Merit Aktiva and Merit Palk as effective and accessible cloud-based tools for both accountants and small business owners. Merit Tarkvara is headquartered in Estonia.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 9/6/2018 via Company Press Release

Cegid SA, acquired Loop Software SAS

synopsis: Cegid, a major player in management solutions for professionals in Accounting, Finance and Tax, Payroll and Human Resources and Retail, announces the acquisition of the Loop Software (Loop). Loop is a web-based software publisher dedicated to accounting experts and SMEs.
buyer: Cegid SA
A leader in digital transformation, Cegid offers management systems and cloud services to help customers improve their performance. Cegid group offers a wide range of solutions for financial management, taxation and human resources, as well as business applications. "
target parent: KPMG International
target: Loop Software SAS
Loop is a web-based software publisher dedicated to accounting experts and SMEs. The company was born in 2012 from the meeting of accounting professionals and specialists in web technologies.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 7/6/2018 via BNC Analysis

die Mobiliar, acquired bexio AG

synopsis: bexio, part of the RedAlpine fund, has been acquired by die Mobiliar, the oldest private insurance company in Switzerland. bexio provides SMBs with customer management, order processing, easy bookkeeping and integrated E-Banking.
buyer: die Mobiliar
die Mobiliar is the oldest private insurance company in Switzerland. The company has over 80 agencies throughout Switzerland and offers their services 24 hours a day, 365 days a year. They offer home insurance, building insurance, auto insurance, life insurance, business insurance, and more. "
target parent: RedAlpine
target: bexio AG
Based in Switzerland, bexio offers cloud-based business and accounting software solutions to manage their customers, write quotes and invoices, and more. It develops and sells accounting software for small and medium companies.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/18/2018 via BNC Analysis

Nubox S.A., acquired Colppy

synopsis: Nubox, a Chilean provider of a cloud-based, next-generation accounting and payroll platform for small businesses, has acquired Colppy, a company in Argentina that offers an online accounting and management system for small businesses. Colppy's platform can automatically calculate taxes, generate reports, send invoices online, and more.
buyer: Nubox S.A.
Nubox is a Chilean provider of a cloud-based, next-generation accounting and payroll platform for small businesses in Latin America. Their easy-to-use products allows small businesses to effortlessly manage their accounting, send invoices electronically, pay employees, track cash-flow, and more. "
target: Colppy
Colppy is a company in Argentina that offers an online accounting and management system for small businesses. Colppy allows businesses to manage their accounting from any computer or mobile device. The platform can automatically calculate taxes, generate reports, send invoices online, and more.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 3/28/2018 via BNC Analysis

The Royal Bank of Scotland, will acquire FreeAgent Inc.

synopsis: The Royal Bank of Scotland (RBS) has agreed to buy FreeAgent, a software provider for UK micro-businesses and their accountants. Trusted by over 60,000 businesses, FreeAgent's online accounting software brings everything together, from invoice and expense management to project management and sales tax.
buyer: The Royal Bank of Scotland (LSE:RBS:$17,860.82)
The Royal Bank of Scotland Group (RBS) provides financial products and services to personal and business customers throughout the UK and beyond. RBS serves around 18.9 million customers across the globe, and RBS aims to consistently meet their needs wherever they are. "
target: FreeAgent Inc. (:$12.68)
FreeAgent provides online accounting software made specifically for freelancers, small business owners and their accountants. Trusted by over 60,000 businesses, FreeAgent's online accounting software brings everything together, from invoice and expense management to project management and sales tax.
price ($mm)[EV]
$69 [$64]
rev ($mm)
$13
EBITDA ($mm)
EV / rev
5.2x
EV / EBITDA
closed 6/23/2016 via BNC Analysis

TeamSystem SpA, acquired e-conomic International

synopsis: Hellman & Friedman-backed TeamSystem has wholly acquired Danish cloud accounting business E-conomic International. Founded in 2001 and headquartered in Copenhagen, E-conomic develops software focusing on accounting services for SMEs. The acquisition is part of TeamSystem's M&A strategy, expanding its product offering to cloud-based marketplaces.
buyer parent: Hellman & Friedman LLC
buyer: TeamSystem SpA
TeamSystem is the largest provider of accounting, payroll, and business management software for accountants and small and medium-sized enterprises in Italy. The Company offers a broad range of mission-critical, on-premise and cloud solutions to a diversified base of its customers. "
target parent: Visma ASA
target: e-conomic International
Founded in 2001 and headquartered in Copenhagen, E-conomic develops a software focusing on accounting services for SMEs. The company claims 2,500 clients across southern Europe, England and Germany, and currently employs 15 people.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 3/14/2016 via Company Press Release

Visma ASA, will acquire Fortnox AB

synopsis: Visma AS, a leading provider of business software, outsourcing services and services for accounting and administration in the Nordics, announced a recommended public cash offer to the shareholders of Fortnox AB to tender all their shares in Fortnox to Visma. Fortnox provides accounting and financial systems for small and medium-sized companies.
buyer: Visma ASA
Visma is the leading provider of business software and services for accounting and administration. Visma is known for developing leading software solutions and high-quality services for satisfied customers in combination with financial strength and solid growth. "
target: Fortnox AB (:$17.37)
With approximately 115,000 customers, Fortnox is a leading provider of accounting and financial systems for small and medium-sized companies, associations, schools and accounting firms. Fortnox offers a full range of programs including accounting, billing, sales support, time tracking and payroll.
price ($mm)[EV]
$168 [$163]
rev ($mm)
$17
EBITDA ($mm)
$4
EV / rev
9.4x
EV / EBITDA
46.1x
closed 3/31/2016 via BusinessWire

H.I.G. Capital, acquired Quicken Investment Services, Inc.

synopsis: Quicken, the leading personal finance software that empowers consumers to easily manage their finances, announces that H.I.G. Capital, a leading global investment firm, has completed its acquisition of the company. Quicken, a top personal money management software, has been the trusted financial solution for millions of consumers.
buyer: H.I.G. Capital
H.I.G. Capital is a leading global private equity and alternative assets investment firm with more than $19 billion of equity capital under management. H.I.G. specializes in providing both debt and equity capital to small and mid-sized companies. "
target parent: Intuit, Inc.
target: Quicken Investment Services, Inc.
Quicken Investment Services, Inc. provides software and services to manage personal and small business finances. The company offers personal finance products, such as Quicken Online to control personal finances and Quicken Deluxe to get a snapshot of monthly spending.
price ($mm)
rev ($mm)
$51
EBITDA ($mm)
EV / rev
0.0x
EV / EBITDA
closed 10/8/2014 via BNC Analysis

e-conomic International, acquired SpeedLedger AB

synopsis: e-conomic International, backed by private equity investor HgCapital, announced that its holding company has acquired a majority stake in Gothenburg-based SaaS accounting firm, SpeedLedger, a Swedish leader in web-based accounting for micro businesses and the second largest company in Sweden’s web-based accounting sector.
buyer: e-conomic International
e-conomic International A/S is one of Europe’s leading Software as a Service (‘SaaS’) accounting and SME solution providers. e-conomic online accounting software is easy to use and specially developed for small and medium-sized companies. "
target: SpeedLedger AB
SpeedLedger is a Swedish leader in web-based accounting for micro businesses and the second largest company in Sweden’s web-based accounting sector. The company has 55 employees and a customer base of more than 25,000 companies.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 9/18/2013 via Company Press Release

Stratatel Limited, will acquire JCurve Solutions

synopsis: Stratatel Limited, an Australian software company providing cloud-based telecommunications expense management solutions to businesses internationally, is pleased to announce it has signed a Heads of Agreement to acquire the software design and promotion business of JCurve Solutions, a leading cloud-based accounting and ERP software provider.
buyer: Stratatel Limited
Stratatel Limited provides specialised and innovative business-to-business software solutions and services. Founded in 1997, Stratatel developed its flagship business software solution FleetManager to enable organisations to monitor and manage their telecommunications. "
target: JCurve Solutions (ASX:JCS:$8.13)
JCurve are one of the only providers of a fully featured, fully integrated system specifically tailored to the needs of small businesses in the Australia and New Zealand region. Its software is delivered in the ‘Cloud’ and is steadily increasing its market share in Australia and New Zealand.
price ($mm)
$3.27
rev ($mm)
$1
EBITDA ($mm)
EV / rev
3.1x
EV / EBITDA
closed 6/14/2011 via PR Newswire

CCH Incorporated, acquired Twinfield International N.V

synopsis: Wolters Kluwer Tax & Accounting announced the acquisition of Twinfield, a Dutch-based pioneer and market leader in online accounting software. Through this acquisition, Wolters Kluwer expands and complements its existing offering of advanced software solutions for accountants and finance professionals in SMEs.
buyer parent: Wolters Kluwer NV
buyer: CCH Incorporated
CCH is the leading provider of tax, accounting and audit information, software and services for professionals. CCH is part of the global tax and accounting leader, Wolters Kluwer Tax & Accounting. "
target: Twinfield International N.V
Twinfield International is a market leader in online accounting software, serving professionals in the Netherlands, UK and Scandinavia. With more than 80,000 administrations managed online, it is an undisputed leader in online, SaaS-based collaborative accounting solutions in Europe.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 11/3/2010 via Company Press Release

Kaseya International Limited, acquired ObjAcct, Inc.

synopsis: Kaseya announced the acquisition of substantially all of the assets of ObjAcct, Inc., the makers of ObjAcct XML Accounting Suite. IT professionals will now be able to analyze and report combined technical and financial data to assist in the alignment of IT with the overall business goals of the organization.
buyer: Kaseya International Limited
Kaseya is the leading global provider of IT Systems Management software. Kaseya solutions empower everyone from individual consumers to large corporations and IT service providers to proactively manage and control IT assets remotely, easily and efficiently from one integrated Web-based platform. "
target: ObjAcct, Inc.
ObjAcct, Inc., founded by Lee Mellinger in 2003, is a leading edge accounting software company and the developers of ObjAcct Suite, the world's first XML web service based accounting platform.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 9/27/2019 via Company Press Release

The Sage Group plc., acquired AutoEntry

synopsis: Sage, a global market leader in cloud business management solutions, today announced it has acquired the Dublin-based AutoEntry, a leading provider of data entry automation for accountants, bookkeepers, and businesses. The acquisition accelerates Sage’s goal to become a quality SaaS company and follows a successful two-year partnership.
buyer: The Sage Group plc. (LSE:SGE:$2,459.53)
Sage is a global market leader for technology that helps businesses of all sizes manage everything from money to people. They accomplish this via Sage Business Cloud, a business management solution comprising Accounting, Sage Intacct, Enterprise Management, People & Payroll, and Payments & Banking. "
target: AutoEntry
Ireland-based AutoEntry is an intelligent, automated solution developed by OCRex for accountants, bookkeepers, and Small-to-Medium Enterprises. AutoEntry captures and analyses scanned and photographed paper documents, automating data entry into a user’s accounting software, Excel, or CSV.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/23/2016 via BNC Analysis

TeamSystem SpA, acquired e-conomic International

synopsis: Hellman & Friedman-backed TeamSystem has wholly acquired Danish cloud accounting business E-conomic International. Founded in 2001 and headquartered in Copenhagen, E-conomic develops software focusing on accounting services for SMEs. The acquisition is part of TeamSystem's M&A strategy, expanding its product offering to cloud-based marketplaces.
buyer parent: Hellman & Friedman LLC
buyer: TeamSystem SpA
TeamSystem is the largest provider of accounting, payroll, and business management software for accountants and small and medium-sized enterprises in Italy. The Company offers a broad range of mission-critical, on-premise and cloud solutions to a diversified base of its customers. "
target parent: Visma ASA
target: e-conomic International
Founded in 2001 and headquartered in Copenhagen, E-conomic develops a software focusing on accounting services for SMEs. The company claims 2,500 clients across southern Europe, England and Germany, and currently employs 15 people.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/8/2014 via BNC Analysis

e-conomic International, acquired SpeedLedger AB

synopsis: e-conomic International, backed by private equity investor HgCapital, announced that its holding company has acquired a majority stake in Gothenburg-based SaaS accounting firm, SpeedLedger, a Swedish leader in web-based accounting for micro businesses and the second largest company in Sweden’s web-based accounting sector.
buyer: e-conomic International
e-conomic International A/S is one of Europe’s leading Software as a Service (‘SaaS’) accounting and SME solution providers. e-conomic online accounting software is easy to use and specially developed for small and medium-sized companies. "
target: SpeedLedger AB
SpeedLedger is a Swedish leader in web-based accounting for micro businesses and the second largest company in Sweden’s web-based accounting sector. The company has 55 employees and a customer base of more than 25,000 companies.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/19/2013 via PE Hub

HgCapital, acquired e-conomic International

synopsis: HgCapital announced that it has acquired e-conomic. Founded in 2001 in Copenhagen, e-conomic is Europe’s leading and largest SaaS accounting company for SMEs with c. 60,000 customers for its core product, and c. 100,000 customers for its freemium invoicing and expenses product Debitoor.
buyer: HgCapital
HgCapital is a leading investor in the European private equity market. Successor to Mercury Private Equity, which was acquired by Merrill Lynch. Mercury Private Equity staff acquired the business from Merrill Lynch and renamed it HgCapital. HgCapital has funds under management of €2.5 billion. "
target: e-conomic International
e-conomic online accounting software is easy to use and specially developed for small and medium-sized companies. With more than 85,000 companies as customers on a worldwide basis, e-conomic is the largest online accounting software in Europe.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/20/2020 via BusinessWire

IRIS Software Group Limited, acquired iSAMS Independent Ltd

synopsis: IRIS Software Group, one of the UK’s largest privately held software companies, has acquired iSAMS, a leading, fully integrated, online school management system. iSAMS is transforming the way schools store, manage and communicate information.
buyer parent: HgCapital
buyer: IRIS Software Group Limited
IRIS Software Group is the UK’s largest privately held software company and the most trusted provider of mission-critical software and services. Using their applications, critical operational tasks are done right first time, every time, so organizations can look forward and thrive with confidence. "
target: iSAMS Independent Ltd
iSAMS is the market leader in web based, multi-platform education administration solutions. Transforming the way schools store, manage and communicate information, iSAMS offers a world-class Management Information System that is intuitive to use, flexible in its approach and accessible globally.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 9/16/2020 via Company Press Release

Transporeon GmbH, acquired ControlPay BV

synopsis: Germany-based Transporeon, Europe's leading provider for transport logistics services, has acquired ControlPay, a Dutch provider of freight audit and payment services. The acquisition allows Transporeon to offer true end-to-end solutions, capturing the last steps in the value chain around invoice automation and analysis of payment-related data.
buyer parent: HgCapital
buyer: Transporeon GmbH
Germany-based Transporeon boosts logistics performance and profitability with every freight load. The company's cloud-based logistics applications provide end-to-end transportation management software solutions, a full-service portfolio for shippers, suppliers, retailers, recipients, and carriers. "
target: ControlPay BV
Netherlands-based ControlPay is Europe’s leading provider of freight audit and payment services. ControlPay's time-tested cloud-based solutions enable them to deliver flexible and cost-effective services anywhere in the world.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/21/2020 via Company Press Release

Litera Corp, acquired Allegory

synopsis: Litera, the global leader in solutions that power the legal industry, has acquired Allegory Law, a subsidiary of Integreon, in a move that adds case management to its growing list of capabilities. Allegory is a modern, cloud-based litigation platform designed for complex, document-intensive litigation.
buyer parent: HgCapital
buyer: Litera Corp
Litera is the leading provider of software for law firms and document-intensive organizations across the globe. Its document drafting products empower users to create, proofread, compare, clean, and distribute high-quality content quickly and securely from any device. "
target parent: NewQuest Capital Partners
target: Allegory
Allegory is a cloud-based litigation platform built around the way litigation teams think and work. Its solution interconnects litigation knowledge, including case administration, evidence, witnesses, and case documents. Its solution is accessed from various mobile devices, desktops, and tablets.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/5/2020 via Company Press Release

Intelerad Medical Systems, Inc., acquired Radius, LLC

synopsis: Intelerad Medical Systems, a leader in enterprise workflow solutions, announced the acquisition of Radius, a private cloud platform provider based in Tennessee. Radius offers cloud-based imaging solutions including RIS/PACS, VNA storage and data migration services for radiology groups, hospitals, and imaging centers nation wide.
buyer parent: HgCapital
buyer: Intelerad Medical Systems, Inc.
Montreal-based Intelerad is a medical imaging software provider that specialises in diagnostic viewing, reporting, and collaboration solutions. The company serves over 300 healthcare organizations around the world, with a strength in radiology groups, imaging centers, clinics, and reading groups. "
target: Radius, LLC
Radius offers cloud-based imaging solutions including RIS/PACS, VNA storage and data migration services for radiology groups, hospitals, and imaging centers nation wide.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 7/22/2020 via PR Web

Sovos Compliance, acquired Accordance Technical Service Ltd.

synopsis: Sovos has acquired Accordance, a UK-based value-added tax (VAT) managed services company. By combining both companies’ managed services, Sovos can accelerate the introduction of intelligent data integration and data quality dashboards coupled with cloud interfaces for customers to more easily manage any VAT compliance model as regulations evolve.
buyer parent: HgCapital
buyer: Sovos Compliance
Sovos is a leading global provider of software that solves the complexities of the digital transformation of tax, with complete, connected offerings for tax determination, continuous transaction control compliance, tax reporting, and more. "
target: Accordance Technical Service Ltd.
UK-based Accordance is an international VAT consultancy and compliance firm, enabling businesses to trade confidently through the provision of expert-led, tech-enabled compliance. Its VAT consultants specialize in cross-border transactions and advise companies across the EU and beyond.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 7/8/2020 via Company Press Release

HgCapital, will acquire F24 AG

synopsis: Hg, Europe’s leading software investor, has entered into an agreement to invest in F24, a pan-European sector leader for emergency notification, crisis & incident management and critical communications. Hg will invest in a stake currently owned by Armira and co-founder Ralf Meister, and will become the majority shareholder.
buyer: HgCapital
Hg is a European investor in software and services businesses, with increasing global presence. Hg is a specialist investor, committed to building businesses that change the way people do business, through deep sector specialisation and dedicated operational support. "
target parent: Armira
target: F24 AG (DB:F2Y:$12.06)
F24 is the leading SaaS provider for alerting and crisis management for sensitive and critical communications in Europe. F24 is able to offer a highly innovative solution and help customers all over the world to successfully and efficiently manage incidents, emergencies and critical situations.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/6/2020 via BNC Analysis

Sovos Compliance, acquired Taxweb

synopsis: Global tax software provider Sovos announced it has acquired São Paulo-based Taxweb, a provider of tax determination software for enterprises operating in Brazil. Taxweb serves many of the largest retailers in Brazil (including eight of the top 10) with a cloud-first approach and flexible APIs that reflect Sovos' product strategy.
buyer parent: HgCapital
buyer: Sovos Compliance
Sovos is a leading global provider of software that safeguards businesses from the burden and risk of modern tax. The Sovos Intelligent Compliance Cloud is the first complete solution for modern tax, giving businesses a global solution for tax determination, e-invoicing compliance and tax reporting."
target: Taxweb
São Paulo-based Taxweb is a provider of tax determination software for enterprises operating in Brazil. The company serves many of the country's largest retailers, including eight of the top 10 retailers. The tax environment in Brazil poses a huge challenge to companies in Brazilian cities.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 3/26/2020 via BNC Analysis

Litera Corp, purchased Best Authority Product from Levit & James, Inc.

synopsis: Litera, a provider of software for drafting, proofreading, comparing, repairing, cleaning, and securing documents in the legal and life sciences industries, has acquired Best Authority, the leading standalone product among legal professionals for generating tables of authorities in legal briefs. Best Authority is developed by Levit & James Inc.
buyer parent: HgCapital
buyer: Litera Corp
Litera is a provider of software for drafting, proofreading, comparing, repairing, cleaning, and securing documents in the legal and life sciences industries worldwide. Litera’s core products empower users to generate, review, and distribute high-quality content quickly and securely. "
seller: Levit & James, Inc.
Levit & James is a software company which specializes in software products for attorneys and law firms. Best Authority was developed by Levit & James and is the leading standalone product among legal professionals for generating tables of authorities in legal briefs.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 2/5/2020 via BNC Analysis

Sovos Compliance, acquired Booke Seminars

synopsis: Global tax software provider Sovos announced it has acquired Booke Seminars, which provides critically important educational seminars to employees of insurance companies and the Internal Revenue Service (IRS) on topics across property, casualty, life and health insurance sectors.
buyer parent: HgCapital
buyer: Sovos Compliance
Sovos is a leading global provider of software that safeguards businesses from the burden and risk of modern tax. The Sovos Intelligent Compliance Cloud is the first complete solution for modern tax, giving businesses a global solution for tax determination, e-invoicing compliance and tax reporting."
target parent: Aon plc
target: Booke Seminars
Booke Seminars provides critically important educational seminars to employees of insurance companies and the Internal Revenue Service (IRS) on topics across property, casualty, life and health insurance sectors.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 1/23/2020 via PR Newswire

HgCapital, will acquire Intelerad Medical Systems, Inc.

synopsis: Novacap, the Canadian-based private equity firm, announced that it has entered into a definitive agreement for the sale of a majority stake in Intelerad Medical Systems, a global provider of medical imaging software and enterprise workflow solutions to Hg, a U.K.-based private equity firm specialized in software and service businesses.
buyer: HgCapital
Hg is a European investor in software and services businesses, with increasing global presence. Hg is a specialist investor, committed to building businesses that change the way people do business, through deep sector specialisation and dedicated operational support. "
target parent: Novacap Investments Inc.
target: Intelerad Medical Systems, Inc.
Montreal-based Intelerad is a medical imaging software provider that specialises in diagnostic viewing, reporting, and collaboration solutions. The company serves over 300 healthcare organizations around the world, with a strength in radiology groups, imaging centers, clinics, and reading groups.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 12/23/2019 via Company Press Release

HgCapital, acquired Personal & Informatik AG

synopsis: Hg, Europe’s leading software investor, announced an investment in Personal & Informatik AG (“P&I”), a leading provider of cloud-based HR software, headquartered in Germany, acquiring the holding from funds advised by Permira, the global private equity firm. Hg managed funds will become the majority shareholder in the business.
buyer: HgCapital
Hg is a private equity firm with a deep sector focus primarily targeting European middle-market buyouts with enterprise values of between £80 million and £500 million across the Technology, Services and Industrial Technology sectors; and lower mid-market buyouts in the Technology sector. "
target parent: Permira
target: Personal & Informatik AG (PUI:$87.90)
Personal & Informatik AG provides integrated software solutions for payroll, time management, and human resources (HR) management in Germany, Switzerland, Austria, and internationally.
price ($mm)
$2,215
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 9/5/2019 via BusinessWire

IRIS Software Group Limited, acquired Innervision

synopsis: IRIS Software Group, the UK’s largest privately held software company, has acquired Innervision, a global provider of lease accounting software, lease management consultancy and services.
buyer parent: HgCapital
buyer: IRIS Software Group Limited
IRIS Software Group is the UK’s largest privately held software company and the most trusted provider of mission-critical software and services. Using their applications, critical operational tasks are done right first time, every time, so organizations can look forward and thrive with confidence. "
target: Innervision
Innervision are global leaders in lease management and optimisation. Working with some of the most powerful and prolific brands globally, Innervision provides ongoing support and management throughout the full lease life-cycle, across all industry sectors and equipment asset categories.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/28/2019 via Company Press Release

IT Relation, purchased Miracle42 from Miracle A/S

synopsis: IT Relation has acquired Miracle42, which until now has been an independent subsidiary and competence center in Miracle A/S. Miracle42 is a leader in application management and managed services, as well as being publicly known and respected for its deep and broad competencies regarding DBA Services within Microsoft SQL and Oracle databases.
buyer parent: HgCapital
buyer: IT Relation
IT Relation is a Danish supplier of managed IT services to small and medium sized enterprises (SMEs). They provide services which allow SMEs to move their IT infrastructure and operations into the cloud, as well as providing end user support and consulting as part of a full-service IT offering. "
seller: Miracle A/S
Miracle42 is a leader in application management and managed services, as well as being publicly known and respected for its deep and broad competencies regarding DBA Services within Microsoft SQL and Oracle databases.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/15/2019 via BNC Analysis

Litera Microsystems, acquired Doxly, Inc.

synopsis: Chicago-based Litera Microsystems has acquired Indianapolis-based legal tech startup Doxly. Doxly transforms the complex, chaotic process of managing legal transactions into a streamlined, efficient process. Doxly's secure cloud-based platform automates workflows for diligence and closing checklists.
buyer parent: HgCapital
buyer: Litera Microsystems
Litera Microsystems is a provider of software for drafting, proofreading, comparing, repairing, cleaning, and securing documents in the legal and life sciences industries worldwide. Litera’s core products empower users to generate, review, and distribute high-quality content quickly and securely. "
target: Doxly, Inc.
Doxly transforms the complex, chaotic process of managing legal transactions into a streamlined, efficient process. Doxly's secure cloud-based platform automates workflows for diligence and closing checklists, provides transaction-specific analytics and reports, and more.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 8/14/2019 via BusinessWire

IRIS Software Group Limited, will acquire FMP Global

synopsis: IRIS Software Group, the UK’s largest privately held software company and the most trusted provider of mission-critical software and services, has entered into a definitive agreement to acquire FMP Global, a leading provider of payroll and HR services to international and UK based Small and Medium sized Enterprises.
buyer parent: HgCapital
buyer: IRIS Software Group Limited
IRIS Software Group is the UK’s largest privately held software company and the most trusted provider of mission-critical software and services. Using their applications, critical operational tasks are done right first time, every time, so organizations can look forward and thrive with confidence. "
target: FMP Global
Headquartered in the UK is a leading provider of payroll and HR services to small and medium sized enterprises. They can now handle payroll in over 135 countries, giving them the greatest breadth in payroll service provision.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 7/10/2019 via Company Press Release

Litera Microsystems, acquired Workshare Technology, Inc.

synopsis: Litera Microsystems, a provider of software for drafting, proofreading, comparing, repairing, cleaning, and securing documents, has acquired UK-based Workshare, a recognized innovator in delivering productivity tools. Workshare's core products are used for document comparison, protection, and sharing.
buyer parent: HgCapital
buyer: Litera Microsystems
Litera Microsystems is a provider of software for drafting, proofreading, comparing, repairing, cleaning, and securing documents in the legal and life sciences industries worldwide. Litera’s core products empower users to generate, review, and distribute high-quality content quickly and securely. "
target: Workshare Technology, Inc.
UK-based Workshare helps legal professionals compare, protect, and share their high stakes documents. With the advent of DeltaView, Workshare continues its heritage of developing and releasing intelligent technology focused on the comparison, protection, and sharing of high stakes documents.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 5/30/2019 via Company Press Release

Sovos Compliance, will acquire Eagle Technology Management, Inc.

synopsis: Global tax software provider Sovos announced it will acquire Eagle Technology Management (ETM), which provides statutory financial reporting and insurance premium tax software to insurers, and unclaimed property reporting solutions and services to financial institutions, corporations and insurers in the US.
buyer parent: HgCapital
buyer: Sovos Compliance
Sovos is a leading global provider of software that safeguards businesses from the burden and risk of modern tax. The Sovos Intelligent Compliance Cloud is the first complete solution for modern tax, giving businesses a global solution for tax determination, e-invoicing compliance and tax reporting."
target: Eagle Technology Management, Inc.
Eagle Technology Management (ETM) is a Web-application-development firm that specializes in providing statutory financial reporting, tax-compliance, and unclaimed property reporting services, making its clients more efficient, consistently accurate, and uniformly compliant.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/28/2019 via Company Press Release

Sovos Compliance, acquired Foriba

synopsis: Global tax software provider Sovos announced it will acquire Istanbul-based Foriba, a leading player in e-invoicing, e-delivery notes, e-receipts and periodic value-added tax (VAT) reporting. Foriba will further strengthen Sovos’ tax solution built for a digital world, with tax determination, e-invoicing compliance and tax reporting solutions.
buyer parent: HgCapital
buyer: Sovos Compliance
Sovos is a leading global provider of software that safeguards businesses from the burden and risk of modern tax. The Sovos Intelligent Compliance Cloud is the first complete solution for modern tax, giving businesses a global solution for tax determination, e-invoicing compliance and tax reporting."
target: Foriba
Headquartered in Turkey, Foriba is a leading regulatory technologies company helping enterprises to easily transfer their accounting and finance-based business processes to a digital platform. The company delivers 25 different solutions and services in more than 10 countries.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/7/2019 via BNC Analysis

HgCapital, acquired Litera Microsystems

synopsis: HgCapital, a European private equity firm, will acquire Litera Microsystems from K1 Investment Management, a leading investment firm. Litera Microsystems is the leading provider of software for drafting, proofreading, comparing, repairing, cleaning, and securing documents in the legal and life sciences industries worldwide.
buyer: HgCapital
Hg is a private equity firm with a deep sector focus primarily targeting European middle-market buyouts with enterprise values of between £80 million and £500 million across the Technology, Services and Industrial Technology sectors; and lower mid-market buyouts in the Technology sector. "
target parent: K1 Investment Management
target: Litera Microsystems
Litera Microsystems is a provider of software for drafting, proofreading, comparing, repairing, cleaning, and securing documents in the legal and life sciences industries worldwide. Litera’s core products empower users to generate, review, and distribute high-quality content quickly and securely.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 3/18/2019 via GlobeNewswire

Roper Technologies, Inc., will acquire Foundry

synopsis: Roper Technologies, Inc., a leading diversified technology company, announced that it has reached a definitive agreement to acquire Foundry, a leading provider of software technologies used to deliver award-winning visual effects and 3D content for the digital design, visualization, and entertainment industries
buyer: Roper Technologies, Inc. (ROP:$5,405.00)
Roper Technologies is a constituent of the S&P 500, Fortune 1000, and the Russell 1000 indices. Roper designs and develops software and engineered products and solutions for healthcare, transportation, food, energy, and other niche markets worldwide. "
target parent: HgCapital
target: Foundry
Foundry develops creative software for the digital design, media and entertainment industries. With a 20-year heritage and a portfolio of award-winning products, Foundry advances the art and technology of visual experience in partnership with creative leaders around the globe.
price ($mm)
$544
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/30/2017 via BNC Analysis

Technische Werke Ludwigshafen AG, acquired WEBfactory GmbH

synopsis: Fidura Private Equity Fonds has sold their majority stake in the software company WEBfactory GmbH in Buchen (Odenwald) successfully to Technische Werke Ludwigshafen AG (TWL). WEBFactory provides standard software for the surveillance and control of machines and industrial systems and for the online analysis and assessment of production data.
buyer: Technische Werke Ludwigshafen AG
Technische Werke Ludwigshafen AG (TWL) is a local utility company based in Ludwigshafen am Rhein, Germany. TWL has for over 100 years supplied the city of Ludwigshafen with electricity, gas, refrigeration, water and district heating. "
target parent: Fidura Private Equity Fonds
target: WEBfactory GmbH
WEBfactory GmbH, headquartered in Baden-Württemberg, Buchen, provides standard software for the surveillance and control of machines and industrial systems and for the online analysis and assessment of production data.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 11/28/2016 via Market Wire

N. Harris Computer Corporation, acquired iMDsoft

synopsis: Constellation Software Inc., announced its wholly-owned subsidiary N. Harris Computer Corporation has acquired all of the shares of I.M.D. Soft Limited a leading international clinical information systems software provider.
buyer parent: Constellation Software, Inc.
buyer: N. Harris Computer Corporation
Harris has focused on providing feature-rich and robust turnkey solutions to Public Sector, Schools, Utility, and Health Care agencies throughout North America. Harris’ focus is on creating long-term relationships with its customers and ensuring that it meets the changing needs of its customers. "
target parent: TPG Capital
target: iMDsoft
iMDsoft is a leading provider of proven clinical information systems worldwide. The Company’s products are designed to enhance quality of care for critically ill patients and improve financial performance for healthcare providers.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 7/9/2012 via PR Newswire

MetrixLab, acquired MarketTools Inc.

synopsis: MetrixLab, a global provider of online consumer research services, announced that it has acquired MarketTools Research Solutions Inc., a leader in services and software for market research, from TPG Growth. MarketTools is known for pioneering some of the first research technologies on the Internet.
buyer: MetrixLab
MetrixLab is a fast-growing global provider of online consumer research services. Its solutions are employed by over half of the Top 100 Global Brands such as Microsoft, Philips, Google and Heineken. The company is headquartered in Rotterdam, The Netherlands. "
target parent: TPG Capital
target: MarketTools Inc.
MarketTools is the leading provider of services and software for market research. Through the use of advanced respondent engagement techniques and comprehensive analytic tools, MarketTools helps clients innovate, optimize and execute programs that deliver high-value business impact.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 1/23/2019 via PR Newswire

Dynata, will acquire Reimagine Holdings Group

synopsis: Dynata, a global leader in first-party data and data services, announces it has reached an agreement to acquire Reimagine Holdings Group, a global leader in data creation and technology-enabled business intelligence headquartered in Westport, Connecticut.
buyer parent: Court Square Capital Partners
buyer: Dynata
Dynata is the premier global provider of data solutions and technology for consumer and B2B survey research. Dynata reaches participants in 90+ sample countries via internet, telephone, mobile/wireless and mixed-access offerings. "
target: Reimagine Holdings Group
Reimagine is a global leader in data creation for business intelligence, and has redefined the insights industry by acquiring and investing in growth-oriented, technology-enabled service companies.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/23/2018 via BNC Analysis

startup300 AG, acquired Pioneers.io

synopsis: startup300, an Austrian angel investor network and business accelerator, has acquired Pioneers.io, an international relationship builder in the tech and startup scene. Pioneers' flagship event, Pioneers Festival, brings together a global community of 2,500 founders, investors, and innovation executives to build partnerships and shape the future.
buyer: startup300 AG
startup300 is an Austrian angel investor network and business accelerator that offers their services to Austrian startups. The group consists of 142 angels and investors that help startups grow their businesses. They focus on startups that have scalable, innovative or disruptive business models. "
target: Pioneers.io
Pioneers.io is an international relationship builder in the tech and startup scene, offering events, consulting, and investment. Their Pioneers Festival event brings together a global community of 2,500 founders, investors, and innovation executives to build partnerships and shape the future.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 3/14/2017 via PR Newswire

The Shipyard, acquired TOMORRO\\\ LLC

synopsis: The Shipyard, an independent marketing firm, today announces the acquisition of TOMORRO\\\, an innovation consultancy led by marketing icon Jon Bond – combining the companies' strategic, creative and data-centric talents to address rising demand from businesses seeking to inoculate themselves against Disruption.
buyer: The Shipyard
The Shipyard is an independent marketing consultancy and the first "marketing engineering" firm. It is creating digital transformation for the world's most significant brands- where high velocity content creation meets big data, where competitive strategy meets creative and disruptive advertising. "
target: TOMORRO\\\ LLC
TOMORRO\\\ LLC is a consultancy designed to accelerate brand value through the adoption of the most forward-thinking marketing approaches and technologies. TOMORRO\\\ is an active investor and advisor in ad technology companies.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 1/31/2017 via BNC Analysis

Capiton AG, will acquire Gemaco N.V.

synopsis: Capiton has entered into an agreement on the acquisition of a majority stake in Gemaco Group with the current majority shareholder Saffelberg Investments. Gemaco Group based with its headquarters in Mechelen, Belgium is a leading provider of full-service merchandising and promotional marketing solutions for global industry.
buyer: Capiton AG
Capiton is an owner-managed financial investor that invests in large SMEs in Germany, Austria and Switzerland by means of MBOs and expansion financing. capiton's roots go back to the late 1970s. "
target parent: Saffelberg Investments
target: Gemaco N.V.
Gemaco Group based with its headquarters in Mechelen, Belgium is a leading provider of full-service merchandising and promotional marketing solutions for global industry and fast-moving consumer goods (FMCG) customers. The Group has 13 locations worldwide.
price ($mm)
rev ($mm)
$96
EBITDA ($mm)
EV / rev
0.0x
EV / EBITDA
closed 12/21/2016 via Company Press Release

New Hope Communications Inc., acquired Nutrition Capital Network

synopsis: New Hope, a company that helps suppliers, manufacturers & retailers bring healthy, organic & natural products to life, has acquired the assets of Nutrition Capital Network (NCN), a company that holds four annual investor meetings which focus on investment and acquisition opportunities in branded products, ingredients and technology.
buyer parent: Informa plc
buyer: New Hope Communications Inc.
New Hope Network is at the forefront of the healthy lifestyle products industry. With solutions for the complete supply chain from manufacturers, retailers/distributors and service providers, the network offers a robust portfolio of content, events, data, research and consultative services. "
target: Nutrition Capital Network
Nutrition Capital Network holds four annual investor meetings which focus on investment and acquisition opportunities in branded products, ingredients and technology. They facilitate financing for growing companies and introduce investors to the next generation of brands.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 5/3/2018 via PR Newswire

RMRM Holdings, Sound Point Capital Management, will acquire Relativity Media, LLC

synopsis: Relativity Media has agreed to sell all of its assets to UltraV Holdings LLC, a joint venture among funds managed by Sound Point Capital Management and RMRM Holdings. Relativity Media operates a portfolio of major studio quality film assets with the capabilities and infrastructure to produce and distribute high caliber, original content.
buyer: RMRM Holdings
buyer: Sound Point Capital Management
UltraV Holdings LLC is a joint venture among funds managed by Sound Point Capital Management, a New York-based asset management firm with approximately $17 billion of assets under management, and RMRM Holdings, which is led by David Robbins, Lex Miron and Larry Robbins. "
target: Relativity Media, LLC
Relativity Media operates a portfolio of major studio quality film assets with the capabilities and infrastructure to produce and distribute high caliber, original content. They are engaged in the production and distribution of movies, television, fashion, sports, digital and music.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 1/4/2018 via PR Newswire

SilverLake, will acquire Weld North Education

synopsis: Silver Lake, the global leader in technology investing, announced that it will acquire a majority stake in Weld North Education (WNE), a leading digital education technology company focused on developing digital curriculum and tools for preK-12th grade, from KKR.
buyer: SilverLake
Silver Lake is the global leader in technology investing, with about $39 billion in combined assets under management and committed capital and a team of approximately 100 investment and value creation professionals located in Silicon Valley, New York, London, Hong Kong and Tokyo. "
target parent: Kohlberg Kravis Roberts & Co.
target: Weld North Education
Weld North Education operates a platform of digital and SaaS educational solution businesses and makes control investments in high potential businesses in the education industry.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 3/14/2017 via BNC Analysis

Boubyan Petrochemical Company, will acquire Educational Holding Group

synopsis: Boubyan Petrochemicals, the first private-sector company in Kuwait that invested in the government-controlled petrochemical sector, is to acquire majority stake in Educational Holding Group, the first private educational investments organization in Kuwait. Boubyan Petrochemicals is looking to buy 32.8% stake and currently hold 21.12% stake.
buyer: Boubyan Petrochemical Company (KWSE:BPCC:$93.42)
Boubyan Petrochemical Company K.S.C., a Kuwaiti shareholding company listed on the Kuwait Stock Exchange, is the first private-sector company in Kuwait that invested in the government-controlled petrochemical sector. The company was established on February 12, 1995 "
target: Educational Holding Group (KWSE:EDU:$38.04)
Founded in 1982, Educational Holding Group was the first private educational investments organization in Kuwait. The group has grown manifold with a portfolio that covers the entire educational life-cycle, ranging from K-12, tertiary education and vocational training and development.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 12/8/2005 via BusinessWire

eLocalAccess, LLC merged with TradeMaven Group LLC,

synopsis: TradeMaven LLC and eLocal today jointly announced they have merged the two firms to form TradeMaven Group LLC (TMG). The merger is one of the most significant in the online trading industry, combining TradeMaven's leading technology for online trading with eLocal's exceptional retail and institutional execution and brokerage services.
buyer: TradeMaven Group LLC
TradeMaven was founded with the mission of providing high-performance and cost-effective trading software for experienced and new traders. TM is used by Futures, Forex & Bond Traders worldwide. "
target: eLocalAccess, LLC
eLOCAL was established and registered with the NFA and CFTC in July 2000 culminating in the merger of two large independent local clearing firms at the Chicago Board of Trade.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 5/15/2009 via AP - Associated Press

Nordnet Bank AB, will acquire eQ Corporation

synopsis: Nordnet Bank AB has signed an agreement to acquire 100% of the shares in the Finnish company eQ, from Straumur Burdaras Investment Bank hf. eQ, the largest online-broker in Finland, has about 57 000 customer and the group specializes in investment services through three business areas; Securities Brokerage, Asset Management and Corporate Finance.
buyer: Nordnet Bank AB
The Nordnet Group provides user-friendly and cost efficient services to private investors and companies within share trading, mutual fund investments and pension savings plans. The holding company, Nordnet AB (plc), is listed on the Stockholm Stock Exchange. "
target parent: Straumur Burdaras Investment Bank, hf.
target: eQ Corporation
eQ, the largest online-broker in Finland, has about 57,000 customers and the group specializes in investment services through three business areas; Securities Brokerage, Asset Management and Corporate Finance.
price ($mm)
$51
rev ($mm)
$34
EBITDA ($mm)
EV / rev
1.5x
EV / EBITDA
closed 4/21/2020 via BNC Analysis

SoFi, acquired 8 Securities Limited

synopsis: Consumer financial services platform SoFi has acquired 8 Securities, a Hong Kong-based investing app. Targeted to personal investors, 8 Securities will rebrand to SoFi Hong Kong and will begin launching services in other markets in addition to Hong Kong. 8 Securities was the first mobile-only investment service and robo-advisor to launch in Asia.
buyer: SoFi
SoFi is a values-driven company on a mission to help members get their money right. They create modern financial products and services that help people borrow, save, spend, invest, and protect their money better, so that they can achieve financial independence and realize their ambitions. "
target: 8 Securities Limited
Hong Kong-based 8 Securities is a cloud-based brokerage platform that provides simple, transparent, and affordable mobile investing solutions. The company allows users to trade over 15,000 US and Hong Kong stocks and exchange traded funds as much as they like free of commission.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 1/30/2020 via GlobeNewswire

Guardian Capital Group, will acquire ModernAdvisor

synopsis: Guardian Capital Group Limited, a Canadian diversified financial services company, will acquire Modern Advisor Canada Inc., a leading Canadian digital advisor platform. ModernAdvisor is a fintech start-up that helps investors to reach their investment goals through transparent, unbiased, and cost-effective investment management services.
buyer: Guardian Capital Group (TSX:GCG.A:$136.06)
Guardian Capital is a Canadian diversified financial services company operating in Asset Management and Financial Advisory. Guardian provides investment management services, financial advisory services, retail distribution of mutual funds, insurance, and general corporate services. "
target: ModernAdvisor
Vancouver-based ModernAdvisor is a digital investment management company. ModernAdvisor uses technology to help advisors bring Canadians intelligent investing options, allowing them to reach their investment goals through transparent, unbiased, and cost-effective investment management services.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 12/2/2015 via BNC Analysis

Wealthsimple, will acquire ShareOwner

synopsis: Wealthsimple Financial Inc., Canada's leading online investing service, announced it has acquired Canadian ShareOwner Investments Inc., the country's first automated investment manager.
buyer: Wealthsimple
Wealthsimple is Canada's leading online investment manager, making smart and simple investing accessible to all Canadians with low minimums and low fees. Their on-demand financial planning services and investment advice educate clients and keep their investments on track. "
target: ShareOwner
ShareOwner (Canadian ShareOwner Investments) has been providing independent investment education and low-cost investing services to retail investors since 1987.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 11/3/2014 via BusinessWire

Evercore Partners Inc., acquired ISI Group, Inc.

synopsis: Evercore announced that it has acquired the operating businesses of ISI International Strategy & Investment (“ISI”). ISI is a leading independent research-driven equity sales and agency trading firm. ISI is a full service broker-dealer offering macro and fundamental research, sales and trading.
buyer: Evercore Partners Inc. (EVR:$1,004.73)
Evercore Partners is a leading independent investment banking advisory firm. Evercore’s Investment Banking business advises its clients on mergers, acquisitions, divestitures, restructurings, financings, public offerings, private placements and other strategic transactions. "
target: ISI Group, Inc.
ISI is a leading independent research-driven equity sales and agency trading firm. ISI strives to be the Street’s best investment research resource for their clients' money management performance. ISI is a full service broker-dealer offering macro and fundamental research, sales and trading.
price ($mm)
$132
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 5/21/2009 via BusinessWire

PFGBEST, will acquire Alaron Futures & Options

synopsis: PFGBEST announced that it is purchasing the customer assets of Alaron. It will be formed into a new division called ATD, a division of PFGBEST. Both companies have been leaders in the futures industry for 20 years, through the evolution of online trading that helped level the playing field for retail futures market participants.
buyer: PFGBEST
PFGBEST is the second-largest non-clearing U.S. Futures Commission Merchant, with customers, affiliates and brokerage offices in more than 80 countries. It offers a range of trading and investor products and services for retail investors as well as for commercial and institutional clients. "
target: Alaron Futures & Options
Alaron, founded in 1989 in Chicago, provides electronic and pit-based futures trading and asset management services to institutions and retail clients on five continents. Alaron built upon its core business by integrating global trading systems and analysis techniques used by professional traders.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/15/2008 via PR Newswire

Lightspeed Professional Trading, LLC, acquired Integrity Trading Inc.

synopsis: Lightspeed Financial, LLC, announced that it has completed the acquisition of Integrity Trading Inc., a Direct Market Access broker/dealer that provides execution and clearing services to retail and institutional customers. Terms of the transaction were not disclosed.
buyer: Lightspeed Professional Trading, LLC
Lightspeed Professional Trading, LLC is a Direct Market Access trading and trading technology development business. Formerly E*TRADE Professional Trading, LLC, the firm was acquired by the current management team in a management buyout from E*TRADE Financial in 2006. "
target: Integrity Trading Inc.
Integrity Trading International is a broker dealer registered in the United States offering clearing and execution to U.S. and foreign banks, broker dealers and individuals interested in accessing the U.S. market and reselling our services in foreign countries.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/1/2010 via BNC Analysis

FXCM Inc., acquired ODL Securities

synopsis: ODL Group Limited (“ODL”), a leading, independent forex, derivatives, equities and commodities broker, has been acquired by US-based FXCM Holdings LLC (“FXCM”), a leading global forex broker that caters to both retail and institutional markets.
buyer: FXCM Inc. (GLBR:$417.32)
FXCM Inc. is a global online provider of foreign exchange (forex) trading and related services to retail and institutional customers worldwide. Clients benefit from FXCM's large network of forex liquidity providers enabling FXCM to offer competitive spreads on major currency pairs. "
target: ODL Securities
ODL Securities Limited (ODLS) commenced trading early in 1995. Initially it specialised in derivatives and equities but recently has seen significant growth in foreign exchange, equity CFDs, Corporate and Government bond trading and other over-the-counter (OTC) products.
price ($mm)
$55
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA

Like e-conomic International


read more

e-conomic International

StudioBoost Srl

ChronoBooks

Attaché

Billy ApS

Billy

Wave Financials Inc.

Merit Tarkvara AS

Loop Software SAS

bexio AG

Colppy

FreeAgent Inc.

e-conomic International

Fortnox AB

Quicken Investment Services, Inc.

SpeedLedger AB

JCurve Solutions

Twinfield International N.V

ObjAcct, Inc.

AutoEntry

read more

e-conomic International

SpeedLedger AB

e-conomic International

read more

iSAMS Independent Ltd

ControlPay BV

Allegory

Radius, LLC

Accordance Technical Service Ltd.

F24 AG

Taxweb

Levit & James, Inc.

Booke Seminars

Intelerad Medical Systems, Inc.

Personal & Informatik AG

Innervision

Miracle A/S

Doxly, Inc.

FMP Global

Workshare Technology, Inc.

Eagle Technology Management, Inc.

Foriba

Litera Microsystems

Foundry

read more

WEBfactory GmbH

iMDsoft

MarketTools Inc.

Reimagine Holdings Group

Pioneers.io

TOMORRO\\\ LLC

Gemaco N.V.

Nutrition Capital Network

Relativity Media, LLC

Weld North Education

Educational Holding Group

eLocalAccess, LLC

eQ Corporation

8 Securities Limited

ModernAdvisor

ShareOwner

ISI Group, Inc.

Alaron Futures & Options

Integrity Trading Inc.

ODL Securities

Geography
Matching Companies
Ticker: LSE:SGE
 
 
 
 
 
 
 
 
The Sage Group plc.
The Sage Group plc.
Sage is the market and technology leader for integrated accounting, payroll and payment systems, supporting the ambition of entrepreneurs and business builders. Sage helps drive business builders with the most intelligent and flexible cloud-enabled software, support and advice to manage everything.
year
2020
rev ($mm)
$2,459.53
EBITDA ($mm)
$740.13
EBIT ($mm)
$659.57
Net Income ($mm)
$422.93
Employees
12643
  • drill down
  • watch
Ticker: ASX:XRO
 
 
 
 
 
 
 
 
Xero Limited
Xero Limited
Xero provides online accounting software and services for small to medium sized businesses. Its accounting system has a cashbook, automated daily bank feeds, invoicing, debtors, creditors, sales tax and reporting.
year
2018
rev ($mm)
$324.04
EBITDA ($mm)
($3.76)
EBIT ($mm)
($9.88)
Net Income ($mm)
Employees
2302
  • drill down
  • watch
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
2020
rev ($mm)
$54.95
EBITDA ($mm)
$9.52
EBIT ($mm)
$8.47
Net Income ($mm)
$5.93
Employees
118
  • drill down
  • watch
Ticker: INTU
 
 
 
 
 
 
 
 
Intuit, Inc.
Intuit, Inc.
Intuit is a leading provider of business and financial management solutions for small and mid-sized businesses, consumers and accounting professionals. Its flagship products and services, simplify small business management and payroll processing, personal finance, and tax preparation and filing.
year
2020
rev ($mm)
$6,857.00
EBITDA ($mm)
$1,745.00
EBIT ($mm)
$1,540.00
Net Income ($mm)
$1,337.00
Employees
9400
  • drill down
  • watch
Ticker: HLSE:BAS1V
 
 
 
 
 
 
 
 
BasWare Oyj
BasWare Oyj
Basware is the global leader in providing purchase-to-pay and e-invoicing solutions in the world of commerce. Basware empowers companies to unlock value across their financial operations by simplifying and streamlining key financial processes.
year
2017
rev ($mm)
$184.50
EBITDA ($mm)
$0.83
EBIT ($mm)
($11.67)
Net Income ($mm)
Employees
1829
  • drill down
  • watch
Ticker: BX
 
 
 
 
 
 
 
 
Blackstone Group LP
Blackstone Group LP
Blackstone is one of the world’s leading investment firms. They seek to create positive economic impact and long-term value for their investors, the companies they invest in, and the communities in which they work. They use extraordinary people and flexible capital to help companies solve problems.
year
2020
rev ($mm)
$2,983.13
EBITDA ($mm)
EBIT ($mm)
Net Income ($mm)
$764.36
Employees
0
  • drill down
  • watch
Ticker: RTOBF
 
 
 
 
 
 
 
 
Ratos AB
Ratos AB
Ratos is a private equity company that invests in Nordic companies where their core expertise as a professional, active and responsible owner over time creates good value growth. Added value is created in connection with acquisition, development and divestment of these primarily unlisted companies.
year
2019
rev ($mm)
$2,530.41
EBITDA ($mm)
$141.89
EBIT ($mm)
$80.55
Net Income ($mm)
Employees
0
  • drill down
  • watch
Ticker: SIVB
 
 
 
 
 
 
 
 
Silicon Valley Bank
Silicon Valley Bank helps innovative companies and their investors move bold ideas forward, fast. They provide a full range of financial services to companies of all sizes in innovation centers around the world.
year
2018
rev ($mm)
$2,387.31
EBITDA ($mm)
EBIT ($mm)
Net Income ($mm)
$824.79
Employees
2836
  • drill down
  • watch
Ticker: CG
 
 
 
 
 
 
 
 
Carlyle Group
Carlyle Group
The Carlyle Group is a global alternative asset manager with $193 billion of assets under management across 128 funds and 159 fund of funds vehicles as of June 30, 2015. Carlyle’s purpose is to invest wisely and create value on behalf of its investors, many of whom are public pensions.
year
2020
rev ($mm)
$1,614.20
EBITDA ($mm)
$48.60
EBIT ($mm)
($14.20)
Net Income ($mm)
Employees
0
  • drill down
  • watch
Ticker: NYSE:APO
 
 
 
 
 
 
 
 
Apollo Global Management
Apollo Global Management
Apollo Global Management, LLC and its subsidiaries is a leading global alternative investment manager. They are contrarian, value-oriented investors in private equity, credit and real estate, with significant distressed expertise.
year
2020
rev ($mm)
$1,537.25
EBITDA ($mm)
EBIT ($mm)
Net Income ($mm)
Employees
0
  • drill down
  • watch
Ticker:
 
 
 
 
 
 
 
 
Oaktree Capital Management, LLC
Oaktree Capital Management, LLC
Oaktree is a leader among global investment managers specializing in alternative investments. They emphasize an opportunistic, value-oriented and risk-controlled approach to investments in distressed debt, corporate debt, control investing, convertible securities, real estate and listed equities.
year
2019
rev ($mm)
$1,315.17
EBITDA ($mm)
$357.51
EBIT ($mm)
$331.49
Net Income ($mm)
$224.77
Employees
0
  • drill down
  • watch
Ticker: KKR
 
 
 
 
 
 
 
 
Kohlberg Kravis Roberts & Co.
Kohlberg Kravis Roberts & Co.
KKR is a leading global investment firm that manages investments across multiple asset classes including private equity, energy, infrastructure, real estate, capital markets, credit strategies, and hedge funds. With offices around the world, KKR manages assets through a variety of investment funds.
year
2020
rev ($mm)
$1,307.71
EBITDA ($mm)
EBIT ($mm)
Net Income ($mm)
$199.44
Employees
0
  • drill down
  • watch
Ticker: TSX:ONEX
 
 
 
 
 
 
 
 
Onex Corporation
Onex Corporation
Founded in 1984, Onex is one of the oldest and most successful private equity firms. They acquire and build high-quality businesses in partnership with talented management teams. They also invest in non-investment grade debt through credit funds and collateralized loan obligations.
year
2019
rev ($mm)
$1,081.00
EBITDA ($mm)
$857.00
EBIT ($mm)
$822.00
Net Income ($mm)
$4,277.00
Employees
0
  • drill down
  • watch
Ticker: COWN
 
 
 
 
 
 
 
 
Cowen Group, Inc.
Cowen Group, Inc.
Cowen Inc. is a diversified financial services firm that operates through two business segments: a broker dealer and an investment management division. Cowen Inc. focuses on delivering value-added capabilities to their clients in order to help them outperform.
year
2020
rev ($mm)
$1,072.28
EBITDA ($mm)
EBIT ($mm)
Net Income ($mm)
$112.95
Employees
1325
  • drill down
  • watch
Ticker: EQT
 
 
 
 
 
 
 
 
EQT AB
EQT AB
EQT is a leading Swedish investment firm with more than EUR 61B in raised capital across 29 funds and around EUR 40B in assets under management. EQT funds have portfolio companies in Europe, Asia and the US with total sales of more than EUR 19B and approximately 110,000 employees.
year
2019
rev ($mm)
$670.81
EBITDA ($mm)
$215.55
EBIT ($mm)
$199.55
Net Income ($mm)
$178.52
Employees
0
  • drill down
  • watch
Ticker: PSEC
 
 
 
 
 
 
 
 
Prospect Capital Corporation
Prospect Capital Corporation is a business development company that operates as a closed-end, non-diversified investment company that lends to and invests in energy-related businesses.
year
2013
rev ($mm)
$625.80
EBITDA ($mm)
EBIT ($mm)
$433.31
Net Income ($mm)
$292.38
Employees
  • drill down
  • watch
Ticker: TGOPF
 
 
 
 
 
 
 
 
3i Group Plc
3i Group Plc
3i Group plc is a multinational private equity and venture capital company headquartered in London, United Kingdom. It has offices in 13 countries across the Americas, Asia and Europe and had total assets under management of £10.5 billion as at 31 March 2012.
year
2020
rev ($mm)
$403.39
EBITDA ($mm)
$256.93
EBIT ($mm)
$253.21
Net Income ($mm)
$265.62
Employees
0
  • drill down
  • watch
Ticker: ENXTPA:FIM
 
 
 
 
 
 
 
 
Fimalac SA
Fimalac SA
Fimalac is a diversified holding company, listed on the Paris Stock Exchange, founded and managed by Marc Ladreit de Lacharrière. Fimalac Group is engaged in private equity, digital media, live shows and hotels and recreation.
year
2016
rev ($mm)
$392.72
EBITDA ($mm)
($13.56)
EBIT ($mm)
($54.12)
Net Income ($mm)
$68.47
Employees
2911
  • drill down
  • watch
Ticker: MAIN
 
 
 
 
 
 
 
 
Main Street Capital Corporation
Main Street Capital Corporation
Main Street Capital Corporation is a principal investment firm that provides long-term debt and equity capital to lower middle market companies and debt capital to middle market companies.
year
2020
rev ($mm)
$238.16
EBITDA ($mm)
EBIT ($mm)
$205.20
Net Income ($mm)
Employees
0
  • drill down
  • watch
Ticker: TSE:4310
 
 
 
 
 
 
 
 
Dream Incubator Inc.
Dream Incubator Inc.
Based in Japan, Dream Incubator, Inc. is a venture capital and private equity firm specializing in incubation and investments in all business stages. They also help companies with their growth and expansion as a strategic consulting and business development firm.
year
2018
rev ($mm)
$183.08
EBITDA ($mm)
$18.93
EBIT ($mm)
$17.11
Net Income ($mm)
$11.60
Employees
0
  • drill down
  • watch