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closed 5/23/2018 via PR Newswire

IRIS Software Group Limited, acquired Taxfiler

synopsis: IRIS Software Group, the UK's leading business-critical software provider, is announcing it has acquired Taxfiler, the cloud tax and accounts provider for small accountancy practices. Taxfiler complements the IRIS portfolio which includes Keytime, PTP and IRIS, to offer a specific solution for the needs of every size of business.
buyer parent: HgCapital
buyer: IRIS Software Group Limited
IRIS Software Group is the 6th largest privately-owned software supplier in the UK. IRIS offers the greatest range of specialist accountancy, financial management, human resource management, payroll and education solutions, delivered as a choice of integrated on premise and cloud-based applications."
target: Taxfiler
Taxfiler is the cloud tax and accounts provider for small accountancy practices. Taxfiler has established itself as a cloud-based monthly subscription service for agents and accountants to submit statutory accounts and tax returns for companies, partnerships, individuals and trusts.
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closed 3/5/2020 via BNC Analysis

MindBridge Ai, acquired Brevis

synopsis: MindBridge, the Ottawa-based artificial intelligence company working on risk detection for the FinTech space, has acquired Brevis Limited, an accountancy technology firm based in the United Kingdom (UK). Brevis uses machine learning technology to offer an accounts production and corporation tax platform for accountants.
buyer: MindBridge Ai
MindBridge helps organizations deliver rapid value to their clients with deeper insights and higher risk assurance for 100% of their data. With MindBridge Ai Auditor, organizations across multiple industries are augmenting human capacity to restore confidence in their financial data. "
target: Brevis
Brevis Limited is an accountancy technology firm based in the United Kingdom (UK). Founded in 2017 by a team of accountants, software engineers, and designers, Brevis uses machine learning technology to offer an accounts production and corporation tax platform for accountants.
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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:$7,837.00)
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.
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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.
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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.
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closed 9/1/2017 via Company Press Release

Wolters Kluwer NV, acquired Adsolut

synopsis: Wolters Kluwer Tax & Accounting announces that it has signed and completed the acquisition of Adsolut, a fast-growing provider of collaborative tax and accounting solutions for tax advisors and their clients in Belgium. The company offers an integrated, modular software suite, that enables online collaboration between accountants and their clients.
buyer: Wolters Kluwer NV (ENXTAM:WKL:$5,592.95)
Wolters Kluwer is a leader in information services and solutions for professionals in the health, tax & accounting, finance, risk & compliance, and legal sectors. They help customers make critical decisions by providing solutions that combine deep domain knowledge with specialized tech and services."
target: Adsolut
Founded in 2007, Adsolut offers an integrated, modular software suite, that enables online collaboration between accountants and their small and medium-sized enterprise (SME) clients.
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closed 11/19/2015 via BNC Analysis

Financial Gravity Operations, Inc., acquired TaxCoach Software, LLC

synopsis: Financial Gravity Holdings and Tax Coach Software jointly announced that Financial Gravity Holdings, Inc. has acquired Tax Coach Software, LLC, a Cincinnati-based tax-planning software and training company.
buyer: Financial Gravity Operations, Inc.
Financial Gravity Holdings, Inc., based in Allen, TX was formed specifically to be the parent company of several subsidiaries that provide integrated tax, business, and financial solutions. Financial Gravity's clients include small businesses, small business owners, and high net-worth individuals. "
target: TaxCoach Software, LLC
Tax Coach Software, LLC is a Cincinnati-based tax-planning software and training company.
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announced 7/12/2012 via PR Newswire

CCH Incorporated, will acquire Acclipse Limited

synopsis: Wolters Kluwer Tax & Accounting announced the signing of an agreement to acquire Acclipse Limited, a leading provider of online accounting software, serving accounting firms in Australia, New Zealand and Asia Pacific. Acclipse will become part of the division's Asia Pacific-based business, which goes to market as CCH, a Wolters Kluwer business.
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: Acclipse Limited
Acclipse Limited is a leading provider of online accounting software, serving accounting firms in Australia, New Zealand and Asia Pacific. Its products are designed to solve the problems modern accounting firms face, improve workflow efficiencies, track staff KPIs, and more.
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closed 11/6/2009 via PR Newswire

Namtra Business Solutions, acquired eTaxPortal

synopsis: Namtra Business Solutions, a 2009 Deloitte 500 fastest growing company, announced that its software division has completed the acquisition of eTaxPortal, a Web based tax process automation solution.
buyer: Namtra Business Solutions
The mission of Namtra Corporation is to provide their customers with high-value services and software automation tools that will significantly reduce the costs of doing business. "
target: eTaxPortal
eTaxPortal is a Web based tax process automation solution for today's tax department. It provides a single gateway to commonly used tax tools.
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closed 9/16/2020 via GlobeNewswire

Wolters Kluwer Tax & Accounting US, acquired XCM Solutions

synopsis: Wolters Kluwer Tax & Accounting announced that it has completed the acquisition of XCM Solutions, a cloud-based workflow solutions provider for professional tax and accounting firms.
buyer parent: Wolters Kluwer NV
buyer: Wolters Kluwer Tax & Accounting US
Wolters Kluwer Tax & Accounting offers innovative, integrated and customer-focused solutions that support the workflow of CPAs, corporate tax and accounting departments, and auditors — enabling growth, enhancing productivity and increasing profitability. "
target: XCM Solutions
XCM Solutions is a cloud-based workflow solutions provider for professional tax and accounting firms. XCM solutions help firms control their workflow processes and allocate their resources in order to achieve greater efficiency, productivity and profitability.
price ($mm)
$162
rev ($mm)
$23
EBITDA ($mm)
EV / rev
7.2x
EV / EBITDA
closed 3/3/2015 via PR Newswire

Ryan, LLC, acquired Second Decimal

synopsis: Ryan, a leading global tax services firm, announced the acquisition of Second Decimal, a tax technology firm with an integrated suite of tax calculation, certificate management, and workflow software applications that automate tax calculations and processes for improved efficiency, accuracy, and compliance.
buyer: Ryan, LLC
Ryan is an award-winning global tax services firm, with the largest indirect tax practice in North America and the seventh largest corporate tax practice in the United States. The Firm provides a comprehensive range of state, local, federal, and international tax advisory and consulting services. "
target: Second Decimal
Second Decimal is a tax technology firm with an integrated suite of tax calculation, certificate management, and workflow software applications that automate tax calculations and processes for improved efficiency, accuracy, and compliance.
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closed 6/15/2020 via BNC Analysis

Receipt Bank, acquired Xavier Analytics

synopsis: Leading digital accounting platform Receipt Bank has acquired data quality specialists Xavier, boosting the range of advisory tools offered to accountants and bookkeepers. Xavier automates complex checking of financial data with an easily understandable health score. It detects errors and anomalies in complex business data.
buyer: Receipt Bank
Receipt Bank was founded in 2010 to help the world work smarter. Receipt Bank helps accountants, bookkeepers and small businesses drop the data entry, go paperless and spend more time doing what they love. "
target: Xavier Analytics
Xavier is a toolkit of intelligent data cleanup and compliance tools designed for Xero accounting professionals. Their AI-assisted toolkit will identify mis-codings, track key liabilities, pinpoint anomalous supplier payments and quickly spot unwanted changes to historical data.
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closed 2/18/2021 via BNC Analysis

Open Financial Technologies Pvt Ltd, acquired Optotax

synopsis: Open, a neobanking platform in India, has acquired Optotax, a goods and services tax (GST) platform for tax professionals in India. Optotax helps professionals from all across the country to file GST returns and download full-year reports in Excel. Their web-based platform enables users to simplify processes and effectively manage their clients.
buyer: Open Financial Technologies Pvt Ltd
Based in India, Open offers a business account that let’s small business owners collect payments, auto-reconcile them, and make seamless payouts. They also offer additional tools designed exclusively for businesses, such as an integrated payment gateway, automated accounting and expense management. "
target: Optotax
Optotax is a goods and services tax (GST) platform for tax professionals in India. Optotax helps professionals from all across the country to file GST returns and download full-year reports in Excel. Their web-based platform enables users to simplify processes and effectively manage their clients.
price ($mm)
$5.00
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announced 11/15/2018 via Company Press Release

Xero Limited, will acquire Instafile

synopsis: Xero announced that they will acquire Instafile, a cloud-based accounts preparation and tax filing solution that connects UK accountants, bookkeepers and small businesses to UK compliance bodies. Instafile links directly to underlying Xero data to allow preparation and filing of Corporation Tax returns together with statutory accounts.
buyer: Xero Limited (ASX:XRO:$564.63)
Xero provides a cloud-based accounting software connects people with the right numbers anytime, anywhere, on any device. For accountants and bookkeepers, Xero helps build a trusted relationship with small business clients through online collaboration. "
target: Instafile
Founded in 2016, Instafile is a London based startup that provides cloud-based accounts and tax production for Xero. Instafile has created a remarkably easy and fast experience for accountants for filing statutory accounts and tax returns with Companies house and HMRC.
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announced 7/16/2015 via PR Newswire

Meta Financial Group, will acquire Refund Advantage

synopsis: Meta Financial Group, Inc. announced that it has signed a definitive agreement with privately-held Fort Knox Financial Services Corporation for MetaBank to acquire substantially all of the assets and liabilities of Fort Knox. Fort Knox, through its Refund Advantage brand, is a leading provider of professional tax refund-transfer software.
buyer: Meta Financial Group (CASH:$104.33)
Headquartered in Sioux Falls, South Dakota, MetaBank's primary banking businesses are deposits, loans and other financial products and services to meet the needs of its commercial, agricultural and retail customers. "
target: Refund Advantage
Fort Knox Financial Services Corporation, through its Refund Advantage brand, is a leading provider of professional tax refund-transfer software used by independent Electronic Return Originators (ERO's) in over 10,000 locations nationwide and processes over one million refund-transfers per year.
price ($mm)
$53
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closed 4/16/2013 via Company Press Release

Thomson Reuters Tax & Accounting, acquired TaxWorks

synopsis: The Tax & Accounting business of Thomson Reuters has announced that it has acquired select assets of the TaxWorks software line from RedGear Technologies. TaxWorks, Inc. develops tax preparation software solutions for professional tax preparers.
buyer parent: Thomson Reuters
buyer: Thomson Reuters Tax & Accounting
Thomson Reuters Tax & Accounting is the leading provider of technology and information solutions, as well as integrated tax compliance software and services to accounting, tax and corporate finance professionals in accounting firms, corporations, law firms and government. "
target parent: H & R Block, Inc.
target: TaxWorks
TaxWorks, Inc. develops tax preparation software solutions for professional tax preparers. The company offers TaxWorks,1040WORKS, and ARKWORKS. The company was founded in 1972 and is based in Kaysville, Utah.
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closed 4/14/2021 via BNC Analysis

HgCapital, acquired Dext

synopsis: Private equity investor Hg has acquired a majority stake in Dext, formerly known as Receipt Bank. Dext makes accountants, bookkeepers and the businesses they advise more productive, profitable and powerful through better data and insights.
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 specialization and dedicated operational support. "
target: Dext
Dext makes accountants, bookkeepers and the businesses they advise more productive, profitable and powerful through better data and insights. Dext puts powerful tools at your fingertips for real-time and accurate insights to help your firm be more productive and more profitable.
price ($mm)
$14
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closed 6/18/2021 via BNC Analysis

BearingPoint, Inc., acquired Vizor Software

synopsis: BearingPoint has acquired Vizor Software, creating a firm with over 7,000 clients around the world. Vizor is the global leader in enterprise software for financial regulation and cross-border information exchange for Tax Authorities.
buyer: BearingPoint, Inc. (BRGP:$3,197.04)
BearingPoint is an independent management and technology consultancy with European roots and a global reach. The company operates in three business units: The first unit covers the advisory business with a clear focus on five key areas to drive growth across all regions. "
target: Vizor Software
Vizor Software has been the standard for financial regulatory technology, since 2000. Vizor is the global leader in enterprise software for financial regulation and cross-border information exchange for Tax Authorities.
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closed 7/3/2006 via BusinessWire

Online Resources Corp, acquired Princeton eCom Corporation

synopsis: Online Resources Corporation, a leading provider of web-based financial services has completed its acquisition of Princeton eCom Corporation and has filed with the Securities & Exchange Commission. As previously announced, the acquisition price was $180 million in cash, plus an earn-out up to $10 million.
buyer: Online Resources Corp (ORCC:$154.68)
Online Resources powers Web-based financial services for over 2700 financial institutions, billers and credit service providers. Its proprietary suite of account presentation and payment services are augmented by marketing services to drive consumer and business end-user adoption. "
target: Princeton eCom Corporation
A leader in delivering flexible, trusted electronic payment solutions that are proven to improve business. The company has focused exclusively on payment processing, enabling us to cultivate the expertise to deliver the industry's most powerful, integrated and versatile range of payment solutions.
price ($mm)
$166
rev ($mm)
$39
EBITDA ($mm)
EV / rev
4.9x
EV / EBITDA
closed 6/13/2018 via BNC Analysis

ContaAzul, acquired Wabbi Software S.A.

synopsis: ContaAzul, a company based in Joinville, Brazil that develops management system solutions for small businesses, announced the acquisition of the startup Wabbi, a company that developed a cloud platform for accounting.
buyer: ContaAzul
ContaAzul is a Brazilian company founded in 2012 that offers an innovative cloud management and accounting system for small businesses. ContaAzul was one of the first companies accelerated by 500Startups, a business acceleration program based in Silicon Valley (US). "
target: Wabbi Software S.A.
Wabbi offers a cloud platform for accounting. It is the first collaborative accounting software platform in Brazil that brings together everything companies and accounting agencies need to do all the steps of business and accounting management in one place, without waste and with high productivity.
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closed 5/23/2018 via PR Newswire

IRIS Software Group Limited, acquired Taxfiler

synopsis: IRIS Software Group, the UK's leading business-critical software provider, is announcing it has acquired Taxfiler, the cloud tax and accounts provider for small accountancy practices. Taxfiler complements the IRIS portfolio which includes Keytime, PTP and IRIS, to offer a specific solution for the needs of every size of business.
buyer parent: HgCapital
buyer: IRIS Software Group Limited
IRIS Software Group is the 6th largest privately-owned software supplier in the UK. IRIS offers the greatest range of specialist accountancy, financial management, human resource management, payroll and education solutions, delivered as a choice of integrated on premise and cloud-based applications."
target: Taxfiler
Taxfiler is the cloud tax and accounts provider for small accountancy practices. Taxfiler has established itself as a cloud-based monthly subscription service for agents and accountants to submit statutory accounts and tax returns for companies, partnerships, individuals and trusts.
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closed 7/23/2021 via BusinessWire

IRIS Software Group Limited, acquired Doc.It Inc.

synopsis: IRIS Software Group, a leading global software provider of accountancy solutions, has acquired Canada-based Doc.It, the industry-leading document management software provider for CPA firms across North America. This acquisition will extend IRIS' innovative solutions to serve accountancy customers across North America.
buyer parent: HgCapital
buyer: IRIS Software Group Limited
IRIS is a leading global provider of mission critical software and services and one of UK’s largest privately held software companies. IRIS provides finance, productivity, engagement, HR, and payroll software solutions and services for accountancy firms, businesses, and educational organisations. "
target: Doc.It Inc.
Based in Canada, Doc.It provides document management, workflow, document storage, and web portal products that help accounting firms ease the administrative workload and improve data security around repeatable processes as they go about their accounting, tax, audit, and assurance work.
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closed 1/20/2021 via BusinessWire

IRIS Software Group Limited, acquired Senta

synopsis: IRIS Software Group, one of the UK’s largest software companies, has acquired Senta, a cloud-based practice management software solution in the UK. Senta helps accountants and bookkeepers to grow their firms and deliver better services to their clients. Their software features solutions for CRM, workflow and tasks, document management, and more.
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: Senta
Senta is a cloud-based practice management software solution in the UK. Senta helps accountants and bookkeepers to grow their firms and deliver better services to their clients. Their software features solutions for CRM, workflow and tasks, document management, client portals, and more.
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closed 1/8/2021 via BusinessWire

IRIS Software Group Limited, acquired Staffology

synopsis: IRIS Software Group, one of the UK’s largest software companies, announced it has acquired Staffology, a UK cloud payroll software platform built on a comprehensive, open Application Programming Interface (API), enabling integration with other products.
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: Staffology
Founded in 2018, Staffology is cloud payroll software built on a comprehensive, open Application Programming Interface (API), enabling integration with other products.
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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.
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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.
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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.
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closed 1/8/2019 via BusinessWire

IRIS Software Group Limited, acquired BioStore

synopsis: IRIS Software Group, the UK’s leading business-critical software provider, announced the acquisition of BioStore Ltd, a principal provider of identity management and cashless catering solutions to UK schools and businesses.
buyer parent: HgCapital
buyer: IRIS Software Group Limited
IRIS Software Group is the 6th largest privately-owned software supplier in the UK. IRIS offers the greatest range of specialist accountancy, financial management, human resource management, payroll and education solutions, delivered as a choice of integrated on premise and cloud-based applications."
target: BioStore
BioStore develops identity management technologies. BioStore’s identity management and cashless catering solutions are used by over 3,000 UK schools and sixth form colleges to improve and streamline access control and how catering services are delivered.
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closed 5/23/2018 via PR Newswire

IRIS Software Group Limited, acquired Taxfiler

synopsis: IRIS Software Group, the UK's leading business-critical software provider, is announcing it has acquired Taxfiler, the cloud tax and accounts provider for small accountancy practices. Taxfiler complements the IRIS portfolio which includes Keytime, PTP and IRIS, to offer a specific solution for the needs of every size of business.
buyer parent: HgCapital
buyer: IRIS Software Group Limited
IRIS Software Group is the 6th largest privately-owned software supplier in the UK. IRIS offers the greatest range of specialist accountancy, financial management, human resource management, payroll and education solutions, delivered as a choice of integrated on premise and cloud-based applications."
target: Taxfiler
Taxfiler is the cloud tax and accounts provider for small accountancy practices. Taxfiler has established itself as a cloud-based monthly subscription service for agents and accountants to submit statutory accounts and tax returns for companies, partnerships, individuals and trusts.
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closed 4/5/2018 via PR Newswire

IRIS Software Group Limited, acquired Contact Group

synopsis: IRIS Software Group, the UK's business critical software provider, has acquired Contact Group, a leading provider of parental engagement and truancy management software to UK schools. Contact Group's award-winning parent engagement software is used by 2,000 UK schools, nurseries and sixth form colleges to help improve school-home communications.
buyer parent: HgCapital
buyer: IRIS Software Group Limited
IRIS Software Group is the 6th largest privately-owned software supplier in the UK. IRIS offers the greatest range of specialist accountancy, financial management, human resource management, payroll and education solutions, delivered as a choice of integrated on premise and cloud-based applications."
target: Contact Group
Contact Group is a leading provider of parental engagement and truancy management software to UK schools. Contact Group's multi-award-winning parent engagement software is used by 2,000 UK schools, nurseries and sixth form colleges to help improve school-home communications.
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closed 10/5/2017 via PR Newswire

IRIS Software Group Limited, acquired ParentMail

synopsis: IRIS Software Group, a provider of business critical software in the UK, has acquired ParentMail, a provider of communication and payment collection software for schools. ParentMail offers a range of cloud-based applications which include text and email communications, online payment collection, online forms for obtaining permissions and more.
buyer parent: HgCapital
buyer: IRIS Software Group Limited
IRIS is one of the most trusted business critical software and services providers in the UK. Iris offers the greatest range of specialist accountancy, financial management, human resource management and payroll solutions - delivered as a choice of integrated on premise software and cloud-based apps."
target: ParentMail
ParentMail offers schools a new way to communicate with parents. Over 4,500 organisations use ParentMail to communicate to and collect payments from parents. The company offers a range of cloud-based applications which include text and email communications, online payment collection, and more.
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closed 5/24/2017 via PR Newswire

IRIS Software Group Limited, acquired Results Squared Limited

synopsis: Leading UK business-critical software provider, IRIS Software Group, is announcing it has acquired Results Squared. Results Squared offers a range of solutions including School Asset Manager, a complete asset management system using the latest cloud and mobile app technology. This is complemented with a parent engagement service.
buyer parent: HgCapital
buyer: IRIS Software Group Limited
IRIS is one of the most trusted business critical software and services providers in the UK. Iris offers the greatest range of specialist accountancy, financial management, human resource management and payroll solutions - delivered as a choice of integrated on premise software and cloud-based apps."
target: Results Squared Limited
Results Squared offers a range of solutions including School Asset Manager, a complete asset management system using the latest cloud and mobile app technology. This is complemented with a parent engagement service, allowing schools to securely engage with parents.
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closed 1/5/2017 via Company Press Release

IRIS Software Group Limited, acquired PS Financials

synopsis: Accountancy and human capital management software provider IRIS Software Group, announced it has acquired financial management software firm PS Financials. Peterborough-headquartered PS Financials provides accounting, purchasing, budgeting and reporting software to more than 2,900 organizations.
buyer parent: HgCapital
buyer: IRIS Software Group Limited
IRIS Software Group is the UK's market leading provider of business critical software and services to the UK accountancy and payroll sectors. IRIS offers customers the broadest range of specialist accountancy software and services. "
target: PS Financials
PS Financials is the author of award winning financial accounting, order processing, budgeting, billing, project control, consolidation, and process automation software used by organisations across the globe in Europe, Africa, the Middle East, Asia, Australasia and the Americas.
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closed 4/20/2016 via BNC Analysis

IRIS Software Group Limited, acquired Octopus HR

synopsis: IRIS Software Group has announced the acquisition of award-winning technology firm Octopus HR. The Octopus SaaS-based HR solution has dominated the industry’s ‘micro to SME business’ segment since 2002.
buyer parent: HgCapital
buyer: IRIS Software Group Limited
IRIS Software Group is the UK's market leading provider of business critical software and services to the UK accountancy and payroll sectors. IRIS offers customers the broadest range of specialist accountancy software and services. "
target: Octopus HR
Octopus is the award-winning, purpose-built web-based HR system. Delivered on demand, online it lets hr, managers and employees carry out all their day-to-day HR management and reporting tasks easily, when they want.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/25/2014 via Company Press Release

IRIS Software Group Limited, acquired Cascade HR

synopsis: IRIS Software Group, the UK market leader in accountancy and payroll software, is announcing that it has agreed to acquire Cascade Human Resources, a leading provider of HR and payroll solutions.
buyer parent: HgCapital
buyer: IRIS Software Group Limited
IRIS Software Group is the UK's market leading provider of business critical software and services to the UK accountancy and payroll sectors. IRIS offers customers the broadest range of specialist accountancy software and services. "
target: Cascade HR
Cascade Human Resources is a leading provider of HR and payroll solutions. Founded in 1992 by Alan Jones and his fellow directors, Cascade has carefully evolved a market-leading HR suite based on robust technology, excellent client services and support.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 10/17/2013 via Company Press Release

IRIS Software Group Limited, will acquire KashFlow Software Ltd.

synopsis: IRIS Software Group, an industry champion in accountancy and payroll solutions, is delighted to announce that it has agreed to acquire KashFlow, the cloud-based bookkeeping software developer, in a move that will extend its position as a leading cloud software and services provider for the UK’s 4.8 million small and medium-sized businesses.
buyer parent: HgCapital
buyer: IRIS Software Group Limited
IRIS Software Group is the UK’s largest private software house supplying business management solutions to over 60,000 customers, from start-ups to large organisations. Its offers Accountancy Practice Solutions, Legal Solutions, Not-for-profit Solutions, Payroll & HR Solutions, and more. "
target: KashFlow Software Ltd.
KashFlow provides intuitive online accounting software for small business owners. With KashFlow’s invoice software, users can easily customise and edit invoices. KashFlow can automate recurring purchases and produce on-screen, as CSV files or as PDFs to attach to emails.
price ($mm)
rev ($mm)
$3
EBITDA ($mm)
EV / rev
0.0x
EV / EBITDA
closed 12/8/2011 via PE Hub

HgCapital, acquired IRIS Software Group Limited

synopsis: HgCapital Trust plc announced the acquisition, by HgCapital, of a majority stake in IRIS Accountancy Solutions, or IAS, and IRIS Software Group, or ISG, from Hellman & Friedman, a US-based private equity firm. IRIS is the UK’s largest private software house supplying business management solutions to over 60,000 customers.
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 parent: Hellman & Friedman LLC
target: IRIS Software Group Limited
IRIS Software Group is the UK’s largest private software house supplying business management solutions to over 60,000 customers, from start-ups to large organisations. Its offers Accountancy Practice Solutions, Legal Solutions, Not-for-profit Solutions, Payroll & HR Solutions, and more.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/11/2007 via Company Press Release

Hellman & Friedman LLC, acquired Iris Software

synopsis: Investment partnerships affiliated with Hellman & Friedman LLC a leading global private equity group specialising in various service sectors including software, financial services and media, has majority funded the £500 million merger and recapitalization of IRIS Software Group Limited and Computer Software Group.
buyer: Hellman & Friedman LLC
Founded in San Francisco in 1984, Hellman & Friedman has raised over $25 billion of committed capital and invested in over 60 companies across three principal offices in London, New York and San Francisco. "
target parent: HgCapital
target: Iris Software
IRIS Group is the leading provider of accountancy and business software to accountants in practice and small businesses in the UK. Over 8,000 accountancy practices and 20,000 small businesses use IRIS Tax, Accounts, Time & Fees, Bookkeeping and Payroll software.
price ($mm)
rev ($mm)
$93
EBITDA ($mm)
EV / rev
0.0x
EV / EBITDA
closed 5/23/2018 via PR Newswire

IRIS Software Group Limited, acquired Taxfiler

synopsis: IRIS Software Group, the UK's leading business-critical software provider, is announcing it has acquired Taxfiler, the cloud tax and accounts provider for small accountancy practices. Taxfiler complements the IRIS portfolio which includes Keytime, PTP and IRIS, to offer a specific solution for the needs of every size of business.
buyer parent: HgCapital
buyer: IRIS Software Group Limited
IRIS Software Group is the 6th largest privately-owned software supplier in the UK. IRIS offers the greatest range of specialist accountancy, financial management, human resource management, payroll and education solutions, delivered as a choice of integrated on premise and cloud-based applications."
target: Taxfiler
Taxfiler is the cloud tax and accounts provider for small accountancy practices. Taxfiler has established itself as a cloud-based monthly subscription service for agents and accountants to submit statutory accounts and tax returns for companies, partnerships, individuals and trusts.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/30/2021 via PR Newswire

PrimePay, acquired SyncHR

synopsis: PrimePay, a national payroll, human capital management (HCM), and benefit services company, announced it is acquiring SyncHR, a leading all-in-one HR, payroll and benefits management software provider purposely-built for mid-sized enterprises.
buyer parent: Aquiline Capital Partners
buyer: PrimePay
Since 1986, PrimePay has been helping small businesses get time back in their day to focus on what matters most. This is possible through their payroll, HR, Time Clock and benefits admin services that help to ensure compliance and provide exceptional support during the employee lifecycle. "
target: SyncHR
SyncHR is a pioneer and expert in the HR, Benefits and Payroll space. SyncHR is innovative and unique by using Object Oriented, Open Source technology to dramatically simplify HR operations resulting in a much smaller code base allowing faster changes, implementation and integrations.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 12/16/2020 via BNC Analysis

Konfío, will acquire Gestionix

synopsis: Konfío, the largest online lending platform for SMEs in Mexico, will acquire Gestionix, a Mexican company that develops cloud enterprise resource planning (ERP) systems for SMEs and their accountants. Gestionix's ERP system simplifies operations and provides solutions for inventory, accounting, billing, and more.
buyer: Konfío
Konfío is the largest online lending platform for small and medium businesses in Mexico. Konfío helps companies to achieve economic growth through the access of credit solutions with a proprietary algorithm that combines data and technology to measure creditworthiness in a matter of minutes. "
target: Gestionix
Gestionix is a Mexican company that develops cloud enterprise resource planning (ERP) systems for SMEs and their accountants. Gestionix helps SMEs to more efficiently manage their business. Their ERP system simplifies operations and provides solutions for inventory, accounting, billing, and more.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 11/17/2020 via GlobeNewswire

Aptean, acquired Open Systems, Inc.

synopsis: Aptean, a global provider of mission-critical enterprise software solutions, announced the acquisition of Open Systems Adaptable Solutions (OSAS), a leading enterprise resource planning (ERP) software solution provider.
buyer parent: Vista Equity Partners
buyer: Aptean
Aptean is a global provider of industry-specific software solutions. Aptean’s purpose-built Enterprise Resource Planning (ERP) and supply chain management solutions help address the unique challenges facing process and discrete manufacturers, distributors, and other focused organizations. "
target: Open Systems, Inc.
Open Systems, Inc. is a leading provider of powerful business, accounting, CRM, ERP, and mobile software solutions for organizations in many industries, including distribution, manufacturing, and nonprofit. Open Systems has served customers with cutting-edge technologies, and business solutions.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/5/2020 via Company Press Release

Visma Advantage, acquired Yuki

synopsis: Visma, the leading provider of business software and business processes for accounting & payroll, has acquired Yuki, an all-in-one accounting platform and the very first self-learning community driven, full automatic accounting software in the world. Yuki is based in the Netherlands.
buyer: Visma Advantage
Visma is the leading provider of business software and business processes for accounting & payroll. The group comprises five business areas which are Visma Software, Visma BPO Accounting & Payroll, Visma Procurement & Collecting, Visma Retail and Visma System Development & Integration. "
target: Yuki
Yuki is an all-in-one accounting platform and the very first self-learning community driven, full automatic accounting software in the world. They are based in the Netherlands.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 2/28/2020 via Company Press Release

Vela Software, acquired Foresiight

synopsis: Vela Software Group, a global provider of software solutions to several vertical industries, has acquired Foresiight, an Australian privately owned company that develops, implements and supports businesses with all-in-one business management software.
buyer parent: Constellation Software, Inc.
buyer: Vela Software
Vela Software Group is a global provider of software solutions to several vertical industries. As an Operating Group of Constellation Software, Vela acquires, manages, and builds specific software businesses which provide specialized, mission-critical software solutions. "
target: Foresiight
Foresiight is an Australian privately owned company that develops, implements and supports businesses with all-in-one business management software. They integrate point of sale, accounting, small business stock control and mobile commerce applications with their market leading software solutions.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 4/25/2019 via Company Press Release

Francisco Partners Management LLC, will acquire PayScale

synopsis: Francisco Partners, a leading global private equity firm specializing in technology and technology-enabled services businesses, will be acquiring PayScale, a company that offers modern compensation software and the most precise, real-time, data-driven insights for employees and employers alike.
buyer: Francisco Partners Management LLC
Francisco Partners is a leading global private equity firm specializing in technology and technology-enabled services businesses. FP has invested in and acquired over 200 technology companies, making it one of the most active and longstanding investors in the technology industry. "
target parent: Warburg Pincus
target: PayScale
PayScale offers modern compensation software and the most precise, real-time, data-driven insights for employees and employers alike. More than 7,000 customers, from small businesses to Fortune 500 companies, use PayScale to power pay decisions for more than 18 million employees.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/8/2019 via BusinessWire

Kohlberg Kravis Roberts & Co., acquired MYOB Limited

synopsis: Global investment firm KKR has acquired MYOB Group, a leading provider of online business management solutions. It makes business life easier for approximately 1.2 million businesses and accountants across Australia and New Zealand by simplifying accounting, payroll, tax, practice management, CRM, job costing, inventory and more.
buyer: Kohlberg Kravis Roberts & Co. (KKR:$20,635.61)
KKR is a leading global investment firm that manages multiple alternative asset classes, including private equity, growth equity, energy, infrastructure, real estate and credit, with strategic manager partnerships that manage hedge funds. "
target: MYOB Limited (ASX:MYO:$312.12)
MYOB Group Ltd is a leading provider of online business management solutions. It makes business life easier for approximately 1.2 million businesses and accountants across Australia and New Zealand by simplifying accounting, payroll, tax, practice management, CRM, job costing, inventory and more.
price ($mm)[EV]
$1,138 [$1,439]*
rev ($mm)
$317
EBITDA ($mm)
$95
EV / rev
5.5x
EV / EBITDA
18.2x
closed 8/1/2018 via PR Newswire

ADP, LLC, acquired Celergo LLC

synopsis: ADP, one of the world’s largest and most experienced HR providers, announced that it has acquired Celergo, a leading provider of global payroll management services. Celergo offers multi-country payroll and combines a proprietary cloud-based technology platform with a local provider network to enable timely, accurate and compliant payroll.
buyer: ADP, LLC (ADP:$13,325.80)
ADP LLC gives companies of every size the tools to help thrive. ADP helps businesses from payroll, benefits and regulatory compliance to talent management and analytics. ADP offers clients recruit-to-retire services and solutions that help them build the team that will take them into the future. "
target: Celergo LLC
Celergo offers multi-country payroll in 150 countries and combines a proprietary cloud-based technology platform with a local provider network to enable timely, accurate and compliant payroll. With comprehensive solutions, Celergo has steadily grown its client base, coverage and network.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/28/2018 via Company Press Release

GUS Group AG & Co KG, acquired K+H Software GmbH & Co.KG

synopsis: The GUS Group, a provider of corporate ERP solutions for the process and logistics industries, has acquired K+H Software, a German provider of accounting software solutions. K+H Software's web-based software provides solutions for financial accounting, asset accounting, and cost accounting.
buyer parent: Elvaston Capital Management GmbH
buyer: GUS Group AG & Co KG
The GUS Group provides corporate ERP solutions for the process and logistics industries. Since its founding in 1980, the Group has been pursuing a consistent process orientation along the entire supply chain. More than 200 employees work for the company around the globe. "
target: K+H Software GmbH & Co.KG
K+H Software is a German provider of accounting software solutions. Their web-based software provides solutions for financial accounting, asset accounting, and cost accounting. Their software is used by companies various industries, including logistics, food and beverage, pharmaceutical, and more.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 2/2/2018 via Company Press Release

Verdane Capital, will purchase FPS and Banking Businesses from BasWare Oyj

synopsis: Basware Corporation has signed an agreement to sell its Financial Performance Solutions and Banking businesses to Verdane Capital, an active owner of technology-enabled growth companies in Northern Europe.
buyer: Verdane Capital
Verdane is a Nordic private equity company which through its funds invests in software, consumer internet, energy and high-technology industry companies. Verdane’s funds are distinctive in that they can invest in either entire investment portfolio, parts of a portfolio or entire target companies. "
seller: BasWare Oyj (HLSE:BAS1V:$184.50)
Basware's Financial Performances Services (FPS) is Finland’s leading provider of financial consolidation and reporting software. Basware's Banking services is a payment automation solutions provider for companies and organisations of all sizes.
price ($mm)
$43
rev ($mm)
$19
EBITDA ($mm)
EV / rev
2.3x
EV / EBITDA
announced 11/16/2017 via Company Press Release

Tricor Group, will acquire Orisoft Technology Sdn Bhd

synopsis: Tricor Group, Asia's leading provider of integrated business, corporate and investor services, will acquire Orisoft Technology, a leading provider of Human Capital Management technology solutions in Asia. Orisoft's solutions are highly scalable, empowering small and large businesses to operate efficiently in the area of people management.
buyer: Tricor Group
Tricor Group (Tricor) is Asia's leading provider of integrated business, corporate and investor services. As a business enabler, Tricor provides outsourced expertise across payroll, accounting, corporate secretarial, and investor services. "
target: Orisoft Technology Sdn Bhd
Orisoft is a provider of Human Capital Management technology solutions in Asia. Orisoft's technology solutions are highly scalable, empowering small businesses and large multinational corporations to operate efficiently in the area of people management so they can focus on growing their brands.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 11/8/2017 via Reuters

Money Forward, Inc., will acquire Streamed

synopsis: Money Forward, a provider of online personal accounting for individuals, will acquire Klavis Inc., developer of Streamed. Streamed is a cloud-based accounting and book keeping platform that allows companies to easily keep track of all their receipts. Streamed can convert 100 receipts into data within 15 minutes and has a 99.9% accuracy rating.
buyer: Money Forward, Inc. (TSE:3994:$59.06)
Money Forward provides online personal accounting for individuals, allowing them to easily manage their daily expenses by integrating with their bank passbooks and credit purchase history with information scraped from their web bank and credit accounts. "
target: Streamed
Klavis Inc. develops and provides Streamed, a cloud-based accounting and book keeping platform. Streamed allows companies to easily keep track of all their receipts. The platform can convert 100 receipts into data within 15 minutes and has a 99.9% accuracy rating.
price ($mm)
$7.04
rev ($mm)
$1
EBITDA ($mm)
EV / rev
8.0x
EV / EBITDA
closed 8/30/2017 via BusinessWire

ZeroChaos, acquired Loki Systems

synopsis: ZeroChaos, a global provider of workforce management solutions, announced that it has acquired Loki Management Systems. Loki Systems is a Canada-based leading developer of workforce management software for global enterprises with complex staff scheduling and payroll requirements.
buyer parent: Carlyle Group
buyer: ZeroChaos
ZeroChaos is a global provider of workforce management solutions that help organizations achieve greater management and financial control of their workforce. Their solutions enable procurement and human resources to improve visibility into contingent labor spend and talent pools. "
target: Loki Systems
Loki Systems, based in Canada, is a leading developer of workforce management software under the Advanced Payroll for Microsoft Dynamics 365 and StaffRight brands. Loki serves enterprise-level organizations with complex staff scheduling and payroll requirements.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/28/2017 via Company Press Release

Rectron Holdings Limited, acquired Palladium Business Solutions

synopsis: Rectron, a wholly owned subsidiary of Mustek Ltd, announced that it has acquired a majority stake in leading ERP software development company, Palladium Business Solutions. Palladium's products include the award-winning Acumatica Cloud ERP solution, as well as their own Palladium Accounting Software.
buyer parent: Mustek Limited
buyer: Rectron Holdings Limited
Rectron is a South African based ICT distributor with branches in Midrand, Cape Town, Durban, Bloemfontein and PE. Rectron sources and supplies the best quality of products and services to their channel so as to assist their customers in building their businesses. "
target: Palladium Business Solutions
Palladium Business Solutions has been offering highly affordable Software and Services to businesses throughout Africa since 2002. Their products include the award-winning Acumatica Cloud ERP solution, as well as their own Palladium Accounting Software.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/26/2017 via GlobeNewswire

Asure Software, Inc., acquired Evolution HCM

synopsis: Asure Software, a leading provider of Human Capital Management (HCM) and Digital Workplace software, announced that it has acquired iSystems, LLC. iSystems through its flagship product, Evolution HCM, offers payroll, tax management and HR software combined with comprehensive back-end service bureau tools to service providers across the U.S.
buyer: Asure Software, Inc. (ASUR:$99.48)
Asure Software, Inc. offers intuitive and innovative technologies that enable companies of all sizes and complexities to operate more efficiently. The company ensures a high-performing work environment by integrating its "keep it simple" solutions and expertise to more than 7,000 clients worldwide. "
target: Evolution HCM
Evolution HCM offers payroll, tax management and HR software combined with comprehensive back-end service bureau tools to service providers across the United States.
price ($mm)
$59
rev ($mm)
$13
EBITDA ($mm)
EV / rev
4.6x
EV / EBITDA
closed 4/12/2017 via Company Press Release

Main Capital Partners BV, acquired MUIS Software

synopsis: Main Capital acquired a majority stake in the SaaS based software company MUIS Software located in Heemskerk. The company provides state of the art, innovative administrative and ERP software. MUIS Software has a fast growing client base, which consists of several leading accountancy firms, entrepreneurs and business enterprises.
buyer: Main Capital Partners BV
Main Capital is a private equity and Mezzanine Capital investor with an exclusive focus on the software sector in the Benelux and DACH area. Within this sector, they are the most specialized company in management buyouts and later-stage growth capital. "
target: MUIS Software
MUIS Software, founded in 1984 and located in Heemskerk is an innovative SaaS based software developer, specialized in administrative bookkeeping- and ERP software available for use online as well as offline.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/31/2017 via Company Press Release

Formula Systems Ltd., acquired Michpal Micro Computers (1983) Ltd.

synopsis: Formula acquired all of the share capital of Michpal Micro Computers (1983) Ltd., an Israeli privately-held company that develops, sells and supports a proprietary on-premise payroll software solution and complementary modules for processing traditional payroll stubs to Israeli enterprises and payroll service providers.
buyer parent: The Asseco Group
buyer: Formula Systems Ltd. (TASE:FORTY:$1,933.92)
Formula Systems (1985) Ltd. is a global information technology company engaged, through its subsidiaries and affiliates, in providing software consulting services and computer-based business solutions and developing proprietary software products. "
target: Michpal Micro Computers (1983) Ltd.
Michpal Micro Computers (1983) Ltd. is an Israeli privately-held company that develops, sells and supports a proprietary on-premise payroll software solution and complementary modules for processing traditional payroll stubs to Israeli enterprises and payroll service providers.
price ($mm)
$22
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/5/2017 via Company Press Release

IRIS Software Group Limited, acquired PS Financials

synopsis: Accountancy and human capital management software provider IRIS Software Group, announced it has acquired financial management software firm PS Financials. Peterborough-headquartered PS Financials provides accounting, purchasing, budgeting and reporting software to more than 2,900 organizations.
buyer parent: HgCapital
buyer: IRIS Software Group Limited
IRIS Software Group is the UK's market leading provider of business critical software and services to the UK accountancy and payroll sectors. IRIS offers customers the broadest range of specialist accountancy software and services. "
target: PS Financials
PS Financials is the author of award winning financial accounting, order processing, budgeting, billing, project control, consolidation, and process automation software used by organisations across the globe in Europe, Africa, the Middle East, Asia, Australasia and the Americas.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/19/2016 via Company Press Release

MUIS Software, acquired MUIS Software

synopsis: MUIS Software has completed a management buyout led by Mattijs Wilms, the CEO of MUIS Software. MUIS Software is an innovative SaaS based software developer, specialized in administrative bookkeeping- and ERP software available for use online as well as offline.
buyer: MUIS Software
MUIS Software, founded in 1984 and located in Heemskerk is an innovative SaaS based software developer, specialized in administrative bookkeeping- and ERP software available for use online as well as offline. "
target: MUIS Software
MUIS Software, founded in 1984 and located in Heemskerk is an innovative SaaS based software developer, specialized in administrative bookkeeping- and ERP software available for use online as well as offline.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA

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Ticker:
 
 
 
 
 
 
 
 
Bill.com
Bill.com is a leading provider of cloud-based software that simplifies, digitizes, and automates back-office financial processes for small and mid-sized businesses. Bill.com's AI-enabled financial software platform provides an intelligent way to create and pay bills, send invoices, and get paid.
year
2021
rev ($mm)
$202.10
EBITDA ($mm)
($49.01)
EBIT ($mm)
($53.51)
Net Income ($mm)
Employees
618
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Ticker: PAY
 
 
 
 
 
 
 
 
Paymentus Corporation
Paymentus Corporation
Paymentus is a leading provider of cloud-based bill payment technology and solutions. The company's omni-channel platform provides consumers with easy-to-use, flexible and secure electronic bill payment experiences through their preferred payment channel and type.
year
2021
rev ($mm)
$346.16
EBITDA ($mm)
$19.83
EBIT ($mm)
$17.33
Net Income ($mm)
$10.46
Employees
843
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Ticker: PCTY
 
 
 
 
 
 
 
 
Paylocity
Paylocity
Paylocity is a leading provider of cloud-based HR and payroll software solutions. Paylocity offers an intuitive, easy-to-use product suite that helps businesses tackle challenges while moving them toward the promise of tomorrow.
year
2021
rev ($mm)
$635.63
EBITDA ($mm)
$77.79
EBIT ($mm)
$58.04
Net Income ($mm)
$70.82
Employees
4150
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Ticker: ASX:PYG
 
 
 
 
 
 
 
 
PayGroup Ltd
PayGroup Ltd
Headquartered in Melbourne Australia, PayGroup is the holding company of Pay Asia Pte Limited. Pay Asia, headquartered in Singapore, is a trusted provider of Multi-Country Payroll and cloud based Software as a Service (SaaS) Human Resource Outsourcing Solutions.
year
2020
rev ($mm)
$10.29
EBITDA ($mm)
($0.02)
EBIT ($mm)
($0.09)
Net Income ($mm)
Employees
229
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Ticker: US:SENCF
 
 
 
 
 
 
 
 
Serenic Corporation
Serenic Corporation
Serenic is an international software company that conducts its operations through three active wholly owned subsidiaries: Serenic Software, Inc. ("SSI"), Serenic Canada Inc. ("SCI") and Serenic Software (EMEA) Limited ("SSE").
year
2008
rev ($mm)
EBITDA ($mm)
EBIT ($mm)
Net Income ($mm)
Employees
0
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Ticker: SEHK:46
 
 
 
 
 
 
 
 
Computer And Technologies Holdings Limited
Computer And Technologies Holdings Limited
Computer And Technologies Holdings Limited is an information technology services company. C&T has built its business on a vision to deliver competitive advantage for enterprises to progress by optimizing their information systems efficiently.
year
2014
rev ($mm)
$25.89
EBITDA ($mm)
$5.32
EBIT ($mm)
$5.17
Net Income ($mm)
$6.30
Employees
283
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Ticker: GB:DSG
 
 
 
 
 
 
 
 
Dillistone Group PLC
Dillistone Group PLC
Dillistone Group Plc, through its subsidiaries, provides computer software and related support services to executive search firms, and in-house executive search and source teams in the United Kingdom, the Middle East, Africa, Europe, the United States, and the Asia Pacific.
year
2014
rev ($mm)
$13.76
EBITDA ($mm)
$3.03
EBIT ($mm)
$2.44
Net Income ($mm)
$1.78
Employees
94
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