This Week

announced 6/29/2022 via BusinessWire

Walmart, will acquire Memomi Labs Inc

synopsis: Walmart and Memomi, an augmented reality (AR) optical tech company, announced they have entered into an agreement for Walmart to acquire Memomi. Memomi Labs Inc is a leading provider of cutting-edge technology to enhance virtual try-on user experiences through artificial intelligence, deep learning and augmented reality.
buyer: Walmart (WMT:$572,754.00)
Walmart Inc. helps people around the world save money and live better - anytime and anywhere - in retail stores, online, and through their mobile devices. Each week, approximately 220 million customers and members visit approximately 10,500 stores and clubs under 48 banners in 24 countries. "
target: Memomi Labs Inc
Memomi Labs Inc is a leading provider of cutting-edge technology to enhance virtual try-on user experiences through artificial intelligence, deep learning and augmented reality.
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announced 6/29/2022 via BusinessWire

Logility, Inc., will acquire Starboard Solutions Corp.

synopsis: Logility, Inc., a leader in supply chain innovation powering the sustainable and resilient enterprise, announced it has signed a definitive agreement to acquire Starboard Solutions Corp., a Traverse City, Michigan based innovator of supply chain network design software.
buyer parent: American Software Inc.
buyer: Logility, Inc.
Logility is a leading provider of collaborative supply chain optimization and advanced retail planning solutions that help small, medium, large, and Fortune 500 companies realize substantial bottom-line results in record time. "
target: Starboard Solutions Corp.
Starboard Solutions Corp. is a Traverse City, Michigan based innovator of supply chain network design software. Starboard offers a unique supply chain visualization solution that can optimize for unknown locations, meaning users do not have to map their plans to a physical location.
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announced 6/29/2022 via Company Press Release

LinkedIn Corporation, will acquire EduBrite

synopsis: Linkedin will acquire EduBrite, a platform that specializes in creating, hosting and deploying professional certificates. By integrating EduBrite’s rigorous certification assessment engine into its learning platform, Linkedin will be able to better test and verify the skills people have to help them grow in their careers.
buyer parent: Microsoft Corporation
buyer: LinkedIn Corporation (LNKD:$3,213.87)
LinkedIn is the world's largest professional network with more than 830 million members in more than 200 countries and territories worldwide. LinkedIn leads a diversified business with revenues from membership subscriptions, advertising sales and recruitment solutions. "
target: EduBrite
EduBrite is a privately held technology start-up. EduBrite provides a SaaS-based online learning platform that enables businesses and training institutes to deliver end-to-end training solutions to their employees, partners and customers.
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closed 6/29/2022 via PR Newswire

Vertafore, Inc., acquired MGA Systems, Inc.

synopsis: Vertafore®, the leader in modern insurance technology, announced that it acquired MGA Systems, a leading provider of purpose-built software for MGAs (Managing General Agents). The company's management team has more than 30 years of real-world brokerage and MGA experience, which is reflected in the design of its flagship product, the IMS.
buyer parent: Roper Technologies, Inc.
buyer: Vertafore, Inc.
Vertafore, a leader in modern insurance technology, builds and supports InsurTech solutions to connect every point of the distribution channel. Vertafore's agency management, ratings, regulation, compliance, and connectivity products streamline workflows, improve efficiency and drive productivity. "
target: MGA Systems, Inc.
MGA Systems, Inc. is a software development company working exclusively in the insurance industry. The company's management team has more than 30 years of real-world brokerage and MGA experience, which is reflected in the design of its flagship product, the Insurance Management System (IMS).
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closed 6/29/2022 via BNC Analysis

Asseco SEE, acquired Bithat Solutions S.R.L.

synopsis: ASEE, the largest IT company in South-East Europe, part of Asseco Group, continues to expand and makes a new strategic investment in document management solutions by joining forces with Bithat, one of the local players in the field of digitalization and data automation, documents and business processes.
buyer parent: The Asseco Group
buyer: Asseco SEE
The group Asseco SEE (ASEE Group) is the largest operator in South-Eastern Europe in terms of revenue derived from sales of its software and services. ASEE Group, which is listed on the Warsaw stock exchange, was founded in April 2007. "
target: Bithat Solutions S.R.L.
Bithat is a Romanian company with 100% private capital, which aims to be the leader in the field of storage, archiving and management (data & documents) solutions in Romania. Bithat provides complete integration throughout the entire life cycle of information generated by a company.
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closed 6/29/2022 via BNC Analysis

Marcus Thomas LLC, acquired ROInsights, LLC

synopsis: In the US, marcoms agency Marcus Thomas has acquired data transformation and analytics firm ROInsights. Cincinnati-based ROInsights specializes in helping businesses collect and analyze data and information at scale, and providing roadmaps for measuring ROI (return on investment).
buyer: Marcus Thomas LLC
Marcus Thomas is a fully integrated marketing communications agency focused on audience insight, idea generation and alternative delivery. Marcus Thomas helps their clients find new ways to solve old problems. Their clients include Akron Children's Hospital, Diebold, Quanex, NESTLE, and more. "
target: ROInsights, LLC
Cincinnati-based ROInsights specializes in helping businesses collect and analyze data and information at scale, and providing roadmaps for measuring ROI (return on investment). The firm helps clients with business analytics, data visualization and database integration.
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closed 6/29/2022 via BNC Analysis

Careem, acquired Munch:On

synopsis: Careem, the region’s leading multi-service platform, announced the acquisition of Munch:On in the UAE. Dubai-based Munch:On is a subscription-based food delivery platform which connects customers to meals at a discount by tapping into underutilised kitchen capacity and using scheduling, bundling and routing software.
buyer parent: Uber Technologies, Inc.
buyer: Careem
Careem is the MENA region’s favorite ride-hailing service. Users can make bookings on the app or website and can track their rides in real-time, pay with cards or cash and access receipts online. Careem makes arranging ground transportation reliable, personal, and convenient. "
target: Munch:On
Founded in 2016 by Mohammad Al Zaben, Dana Baki, and Awn Ali, Dubai-based Munch:On is a subscription-based food delivery platform which connects customers to meals at a discount by tapping into underutilised kitchen capacity and using scheduling, bundling and routing software.
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closed 6/29/2022 via PR Web

Endeavor Schools, acquired The Baltimore Montessori

synopsis: Endeavor Schools is proud to announce the acquisition of The Baltimore Montessori, an acclaimed school with two campuses in the downtown Baltimore vicinity. Founded in 2006, The Baltimore Montessori offers childcare and educational programs for children between the ages of 18 months and 6 years.
buyer parent: Leeds Equity Partners
buyer: Endeavor Schools
Endeavor Schools is a leading education management company with a family of unique, well-established private schools that serve as pillars to their respective communities in a growing number of markets across the US. "
target: The Baltimore Montessori
The Baltimore Montessori offers childcare and educational programs for children between the ages of 18 months and 6 years. In addition to its foundational Montessori curriculum, the school provides children with an eclectic array of activities, including gardening, yoga, art, Spanish, and more.
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announced 6/29/2022 via BNC Analysis

Miniclip, will acquire SYBO ApS

synopsis: Miniclip, a mobile game developer in Europe, will acquire SYBO, a mobile games studio in Denmark. SYBO strives to craft meaningful experiences that can be enjoyed by everyone, regardless of their skill. Their titles include Subway Surfers and Blades of Brim.
buyer parent: Tencent Holdings Ltd.
buyer: Miniclip
Miniclip, based in Switzerland, is a global leader in digital games with a mission of unleashing the gamer in everyone. The Company develops, publishes and distributes highly engaging games to an audience of over 250 million monthly active users across mobile, social and online platforms. "
target: SYBO ApS
SYBO is a mobile games studio in Denmark. SYBO strives to craft meaningful experiences that can be enjoyed by everyone, regardless of their skill. Their titles include Subway Surfers and Blades of Brim.
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closed 6/29/2022 via BNC Analysis

Paragon ID, acquired UrbanThings

synopsis: Paragon ID, a leading provider of identification solutions in France, has acquired UrbanThings, a UK-based technology company that makes travel simple for cities and operators. UrbanThings provides cities and transport operators with a smart transport platform for mobile ticketing and reservations, vehicle tracking and rich passenger analytics.
buyer parent: Paragon Group UK Limited
buyer: Paragon ID
Paragon ID is a leading provider of identification solutions in France. Using the latest technologies, Paragon ID provides smart cards, tickets, labels and tags to worldwide clients in diverse markets including public transport, aviation, automotive, manufacturing, logistics, pharma and retail. "
target: UrbanThings
UrbanThings is a UK-based technology company that makes travel simple for cities and operators. UrbanThings provides cities, local authorities and passenger transport operators with a smart transport platform for mobile ticketing and reservations, live vehicle tracking and rich passenger analytics.
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closed 6/29/2022 via BusinessWire

Trackforce Valiant, acquired TrackTik

synopsis: Trackforce Valiant, a leading provider of security workforce management solutions, announced the acquisition of TrackTik Software, one of the most innovative and fastest growing cloud-based security workforce management providers.
buyer: Trackforce Valiant
Trackforce Valiant is a leader in security workforce management solutions and provides fully integrated security solutions to its partners and customers. Clients include the world’s leading security guard service providers, major airports, universities, and corporations across the globe. "
target: TrackTik
TrackTik Software is one of the most innovative and fastest growing cloud-based security workforce management providers.
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closed 6/29/2022 via GlobeNewswire

Performant Capital, acquired Design Manager

synopsis: Performant Capital, a Chicago-based private equity firm focused on investments in technology-driven companies, announced that it has acquired Design Manager from 1stDibs, a leading marketplace for extraordinary design. Design Manager is a leading project management and accounting software company for the interior design industry.
buyer: Performant Capital
Performant Capital is a Chicago-based, lower middle market private equity firm focused on investments in technology-driven companies. Performant acquires businesses across SaaS, technology-enabled services, and data intelligence products and services. "
target parent: 1stdibs
target: Design Manager
Design Manager is the leading project management and accounting software for interior designers. Design Manager’s cloud-based project management and accounting tools are easy to use and helps designers save time, money, and frustration, while eliminating countless hours of paperwork.
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closed 6/29/2022 via PR Newswire

Pave Inc., acquired Advanced-HR, Inc.

synopsis: Pave, the real time compensation platform that helps companies plan, communicate and benchmark against the market, has acquired Advanced-HR from Morgan Stanley. Advanced-HR is the trusted source for compensation data in the venture capital and private company ecosystem.
buyer: Pave Inc.
Pave is a real-time compensation platform that helps companies effectively plan, communicate, and benchmark compensation. The Pave suite integrates with dozens of applicant tracking systems, HR information systems, and equity management tools, including Greenhouse, TriNet, BambooHR, and Namely. "
target parent: Morgan Stanley
target: Advanced-HR, Inc.
Advanced-HR is the trusted source for compensation data in the venture capital and private company ecosystem. Through its products, OptionDriver and OptionImpact, the company has unparalleled expertise with compensation data and services.
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closed 6/29/2022 via GlobeNewswire

Colendi, acquired SETL

synopsis: Colendi, the fastest growing embedded fintech services platform in Turkey and surrounding regions, has acquired London-based SETL, a blockchain settlements and payments provider. SETL is one of the world's leading enterprise blockchain companies known for its high-profile work with selected Central Banks and T1 Financial Institutions.
buyer: Colendi
Based in Turkey, Colendi is a multifunctional Banking as a Service Platform that democratizes banking services for consumers, merchants, and financial institutions. Colendi services over 10 million wallets with integrated payments, credit, and investment services. "
target: SETL
UK-based SETL specialises in the developing proprietary digitization and tokenization platforms for regulated financial institutions and Central Banks. SETL changes how businesses interact while helping shape how the industry operates across settlement, custody, issuance, tokenisation and much more.
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closed 6/29/2022 via Company Press Release

Talentry merged with CleverConnect,

synopsis: Talentry has merged with CleverConnect, a leading provider of cloud-based recruiting solutions in France. Talentry is a leading provider of talent relationship management solutions in Germany. Talentry provides a complete Talent Relationship Platform for talent sourcing, candidate relationship management, recruitment events, and more.
buyer: CleverConnect
CleverConnect is a leading provider of cloud-based recruiting solutions in France. CleverConnect helps more than 2,500 companies to attract, convert and evaluate their candidates in an efficient way. They offer SaaS solutions for resume matching, video interviews, and smart career websites. "
target: Talentry
Talentry is a leading provider of talent relationship management solutions in Germany. Talentry provides a complete Talent Relationship Platform for talent sourcing, candidate relationship management, recruitment events, employee referrals and internal mobility.
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announced 6/29/2022 via BusinessWire

SMART Global Holdings, Inc., will acquire Stratus Technologies Inc

synopsis: SMART Global Holdings, Inc. announced that it has entered into a definitive agreement with affiliates of Siris Capital Group, LLC, to acquire Stratus Technologies, a global leader in simplified, protected, and autonomous computing solutions in the data center and at the Edge.
buyer: SMART Global Holdings, Inc.
SMART Global Holdings, Inc. is focused on the design and manufacture of specialty solutions for the computing, memory and light emitting diode (LED) markets. The Company is organized into three lines of business: Memory Solutions, Intelligent Platform Solutions (IPS) and LED Solutions. "
target parent: Siris Capital Group
target: Stratus Technologies Inc
Stratus Technologies is the leading provider of infrastructure based solutions that keep applications running continuously in today’s always-on world. Stratus enables rapid deployment of always-on infrastructures, from enterprise servers to clouds, without any changes to applications.
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closed 6/28/2022 via PR Newswire

SEDNA, acquired Shelly

synopsis: SEDNA, a leading smart email platform based in the UK, has acquired Shelly, an email automation solution. The move forms part of SEDNA's strategy to continue its expansion into the global logistics and freight forwarding space, and further cements its position as the number one communication solution for supply chain organizations.
buyer: SEDNA
UK-based SEDNA is a smart email platform that helps enterprises in the supply chain and beyond to escape the noise and confusion of traditional email systems. SEDNA provides high-performance teams with the tools they need to communicate with confidence and execute tasks with speed and precision. "
target parent: Fox Logistics
target: Shelly
Shelly is an advanced email automation platform that utilizes artificial intelligence, pattern matching, and natural language processing to build workflows that reduce manual activities inside of users' inboxes.
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closed 6/28/2022 via BNC Analysis

DeepMatter Group Plc, acquired ChemIntelligence SAS

synopsis: DeepMatter Group Plc, the digital chemistry data and software company, has acquired ChemIntelligence SAS, an AI-based software solution in France that accelerates chemistry and materials R&D. ChemIntelligence provides an advanced platform that uses R&D data to help businesses reduce the number of experiments needed to develop new products.
buyer: DeepMatter Group Plc (:$0.00)
DeepMatter provides an integrated software, hardware and AI-enabled platform, DigitalGlassware™, to scientists across research and process development sectors. The platform allows chemistry experiments to be accurately and systematically recorded, coded and entered into a shared data cloud. "
target: ChemIntelligence SAS
ChemIntelligence is an AI-based software solution in France that accelerates chemistry and materials R&D. ChemIntelligence provides an advanced platform that learns complex relationships from R&D data to help businesses reduce the number of experiments needed to develop new products.
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closed 6/28/2022 via GlobeNewswire

Wolters Kluwer Legal & Regulatory, acquired Level Programs S.L.

synopsis: Wolters Kluwer Legal & Regulatory, a leading global provider of information, business intelligence, and regulatory and legal workflow solutions, has acquired Level Programs S.L., a provider of legal practice management software in Spain. Level Programs will become part of Legal & Regulatory’s Legal Software business in Europe.
buyer parent: Wolters Kluwer NV
buyer: Wolters Kluwer Legal & Regulatory
Wolters Kluwer Legal & Regulatory is a leading global provider of information, business intelligence, and regulatory and legal workflow solutions for legal, corporate, and compliance professionals across several industries. "
target: Level Programs S.L.
Level Programs is a provider of legal practice management software in Spain. Its main product, LEVEL Kmaleon, is a software platform that covers file management, contact management, documentary control, time and cost control, and billing and accounting.
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announced 6/28/2022 via GlobeNewswire

Duck Creek Technologies, will purchase Prima XL from Prima Solutions

synopsis: Duck Creek Technologies, the intelligent solutions provider defining the future of property and casualty (P&C) insurance, has agreed to acquire Prima XL, France-based Prima Solutions’ flagship commercial reinsurance technology solution.
buyer parent: Apax Partners
buyer: Duck Creek Technologies (DCT:$260.35)
Duck Creek Technologies is the intelligent solutions provider defining the future of the property and casualty (P&C) and general insurance industry. "
seller parent: Carlyle Group
seller: Prima Solutions
The cloud-based, powerful and intuitive Prima XL is a reinsurance software that collects, centralizes, and analyzes all data for insurers, reinsurers, and brokers. Prima XL tracks all the information related to reinsurance policies.
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announced 6/24/2022 via BNC Analysis

Deloitte LLP, will acquire PRGATE Co. Ltd.

synopsis: Deloitte Korea has officially signed to acquire PRGATE, a local communications and consulting company with an expertise in setting up brand strategies. PRGATE offers services to over 500 local and global companies, ranging from brand strategy, risk management and media advocacy to digital publicity.
buyer: Deloitte LLP
Deloitte is the largest global professional services and consulting network. With over 312,000 professionals in more than 150 countries, Deloitte brings world-class capabilities and high-quality services to their clients. "
target: PRGATE Co. Ltd.
PRGATE, based in South Korea, is a local communications and consulting company with an expertise in setting up brand strategies. PRGATE offers services to over 500 local and global companies, ranging from brand strategy, risk management and media advocacy to digital publicity.
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announced 6/24/2022 via BusinessWire

Hellman & Friedman LLC, Permira, will acquire Zendesk

synopsis: Zendesk, Inc. announced it has entered into a definitive agreement to be acquired by an investor group led by leading global investment firms Permira and Hellman & Friedman LLC. Zendesk provides a customer service platform designed to bring organizations and their customers closer together.
buyer: Permira
buyer: Hellman & Friedman LLC
Hellman & Friedman is a global private equity firm focused on large-scale equity investments in high-quality growth businesses. Permira is a global investment firm. "
target: Zendesk (ZEN:$1,428.88)
Zendesk provides a customer service platform designed to bring organizations and their customers closer together. Zendesk serves businesses across a multitude of industries, with more than 145,000 paid customer accounts offering service and support in more than 30 languages.
price ($mm)
$10,200
rev ($mm)
$1,429
EBITDA ($mm)
EV / rev
7.1x
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closed 6/24/2022 via BNC Analysis

Visma Advantage, acquired Teamleader

synopsis: Norway-born SaaS company Visma has acquired Teamleader, a fast-growing SaaS scale-up with headquarters in Ghent, Belgium. With two work management products and a customer-oriented attitude, they have already helped more than 12,000 European entrepreneurs sell, bill and organise in one place.
buyer: Visma Advantage
Norway-based Visma is a leading provider of mission-critical business software. The group comprises five business areas which are Visma Software, Visma BPO Accounting & Payroll, Visma Procurement & Collecting, Visma Retail and Visma System Development & Integration. "
target: Teamleader
Teamleader is a fast-growing SaaS scale-up with headquarters in Ghent, Belgium. With two work management products and a customer-oriented attitude, they have already helped more than 12,000 European entrepreneurs sell, bill and organise in one place.
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closed 6/24/2022 via BNC Analysis

Zomato, acquired Blinkit

synopsis: Zomato, an Indian multinational restaurant aggregator and food delivery company, has acquired Blinkit, an Indian instant delivery service. Customers of the company use a mobile application to order groceries and essentials online.
buyer: Zomato (:$254.21)
Zomato is an Indian multinational restaurant aggregator and food delivery company. They provide information, menus and user-reviews of restaurants as well as food delivery options from partner restaurants in select cities. "
target: Blinkit
Blinkit is an Indian instant delivery service. Customers of the company use a mobile application to order groceries and essentials online. Blinkit's employees then secure the items from their warehouse and deliver the items to the consumer within 10 minutes.
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$568
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closed 6/24/2022 via PR Newswire

Thrive Networks, Inc, acquired DSM Technology Consultants

synopsis: Thrive, a premier provider of NextGen Managed Services, announces that it has acquired DSM, a Florida-based provider of managed IT services to State, Local, and Education government agencies.
buyer parent: M/C Partners
buyer: Thrive Networks, Inc
Thrive is a provider of NextGen managed services, driving business outcomes through application enablement and optimization. The company's Thrive5 Methodology combines its Application Performance Platform and services to ensure business applications operate at peak performance, scale and are secure."
target: DSM Technology Consultants
DSM is leader in data assurance and cloud migration. DSM redefines its client's business outcomes that they consider possible from their IT infrastructure ensuring that their data is protected and available when and where they need it, saving time and money.
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announced 6/24/2022 via BNC Analysis

PagarBook, will acquire Vara app

synopsis: PagarBook, an employee management tool for small businesses in India, will acquire Vara, a staff management solution based in Singapore. Vara makes staff management easier for small businesses and their workers. Their lightweight staff management platform enables businesses to easily setup and manage their attendance and payroll.
buyer: PagarBook
PagarBook is an employee management tool for small businesses in India. PagarBook offers a wide range of products especially designed to support their client's unique business needs. Their products provide solutions for staff attendance, payroll management, salaries, and more. "
target: Vara app
Vara is a staff management solution based in Singapore. Vara makes staff management easier for small businesses and their workers. Their lightweight staff management platform enables businesses to easily setup and manage their attendance and payroll.
price ($mm)
$5.60
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announced 6/24/2022 via Company Press Release

CrowdFundMe S.p.A., will acquire Trusters S.R.L.

synopsis: CrowdFundMe and Trusters, among the Italian leaders in the Lending Crowdfunding sector dedicated to real estate transactions, have signed an agreement that gives life to the first Italian Crowdinvesting group. Trusters is the Italian real estate crowdfunding platform, which allows users to carry out financing transactions in real estate.
buyer: CrowdFundMe S.p.A. (BIT:CFM:$1.41)
CrowdFundMe is the pioneering equity crowdfunding portal in Italy, leader in terms of number of investors and successfully closed campaigns. CrowdFundMe is a portal authorized and regulated by CONSOB, with which startups and SMEs raise capital online. "
target: Trusters S.R.L.
Trusters is the Italian real estate crowdfunding platform, which allows users to carry out financing transactions in real estate. Trusters carries out peer-to-peer lending crowdfunding services.
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closed 6/24/2022 via Company Press Release

Activity Stream Ltd., acquired crowdEngage

synopsis: Activity Stream has acquired crowdEngage - a platform to create a brilliant visitor experience with audience messaging, mobile ticketing, and seamless pre-ordering for food, drinks, merchandise, and more. crowdEngage creates a brilliant experience that will keep audiences engaged and coming back for more.
buyer: Activity Stream Ltd.
Throughout an event's lifecycle, Activity Stream offers a range of solutions that can help event marketing succeed. Activity Stream allows users to see the latest sales trends, gain insights and actionable intelligence, and deliver amazing campaigns. "
target: crowdEngage
crowdEngage is a platform to create a brilliant visitor experience with audience messaging, mobile ticketing, and seamless pre-ordering for food, drinks, merchandise, and more.
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closed 6/24/2022 via Company Press Release

Activity Stream Ltd., acquired Yesplan

synopsis: Activity Stream has acquired Yesplan - which brings together event which brings together event planning and operations, staff logistics, and event financials integrated into the leading ticketing and admission systems. Yesplan provides cloud-based software that allows the cultural industry to work smarter and faster.
buyer: Activity Stream Ltd.
Throughout an event's lifecycle, Activity Stream offers a range of solutions that can help event marketing succeed. Activity Stream allows users to see the latest sales trends, gain insights and actionable intelligence, and deliver amazing campaigns. "
target: Yesplan
Yesplan provides cloud-based software that allows the cultural industry to work smarter and faster. Yesplan centralises all event and venue planning activities into one system.
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closed 6/24/2022 via BNC Analysis

Broadlake Capital, acquired Rota

synopsis: Broadlake Capital, an Irish private equity firm, has acquired Rota, an online staffing platform in the UK. Rota accelerates organisations and agencies, helping them build, manage and engage their entire workforce with one platform. Their solution enables businesses to save time, reduce costs, and have full visibility over their workforce.
buyer: Broadlake Capital
Broadlake Capital is an Irish private equity firm. Broadlake invests in ambitious entrepreneurs who have established and growing SMEs. They provide businesses with the knowledge, expertise, support and capital they need to succeed. "
target: Rota
Rota is an online staffing platform in the UK. Rota accelerates organisations and agencies, helping them build, manage and engage their entire workforce with one easy to use platform. Their solution enables businesses to save time, reduce costs, and have full visibility over their workforce.
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closed 6/24/2022 via BNC Analysis

Layer 3 Communications merged with MGT of America Consulting, LLC,

synopsis: Layer 3 Communications has merged with MGT, a national solutions and technology services firm with a 48-year track record of partnering with state, local, and education (SLED) clients across the country. Based in Atlanta, Georgia, Layer 3 has a 24-year history of delivering complex network, security and data center IT deployments.
buyer: MGT of America Consulting, LLC
MGT is a national public sector solutions and technology services firm that delivers diverse services to a wide range of state, local, and education clients across the U.S. and abroad. "
target: Layer 3 Communications
Layer 3 Communications provides industry leading solutions for the world's most demanding information technology needs. Layer 3 specializes in cloud and managed solutions, cyber security solutions, and complex infrastructure engagements.
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closed 6/23/2022 via BNC Analysis

Gift Universe Group Limited, acquired Prezzybox

synopsis: Gift Universe, parent company of gifts and gadgets retailer Menkind, has officially completed the acquisition of Prezzybox, an established brand in the gifting industry. Family-run Prezzybox was founded by Zak Edwards in 2000 where it set out on its mission ‘to create moments of happiness by delivering the extraordinary’.
buyer: Gift Universe Group Limited
Gift Universe is parent company of gifts and gadgets retailer Menkind. Menkind is one of the UK’s leading and fastest growing operators in the gifts and gadgets industry. Gift Universe has unrivalled reach into the market through their own retail stores nationwide and multiple e-commerce channels. "
target: Prezzybox
Family-run Prezzybox was founded by Zak Edwards in 2000 where it set out on its mission ‘to create moments of happiness by delivering the extraordinary’. UK-based Prezzybox helps customers find the perfect present for any special occasion.
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announced 6/23/2022 via BNC Analysis

Reato Group, will acquire Your Hotel Worldwide

synopsis: Reato Group, a Swedish company focused on the hospitality sector, will acquire Your Hotel Worldwide (YHW), a Swedish company that helps small and medium-sized hotels to stay competitive in the digital space. YHW provides their clients with white-label booking solutions and support services to help them get more bookings and increase their revenue.
buyer: Reato Group (OM:REATO:$0.00)
Reato Group is a Swedish company focused on the hospitality sector. Reato Group is focused on European hotel franchises, hotel properties in Scandinavia and hospitality technology companies. The company provides franchise rights to hotels affiliated with the First Hotels chain. "
target: Your Hotel Worldwide
Your Hotel Worldwide (YHW) is a Swedish company that helps small and medium-sized hotels to stay competitive in the digital space. YHW provides their clients with white-label booking solutions and support services to help them get more bookings and increase their revenue.
price ($mm)
$0.50
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$0
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EV / rev
3.5x
EV / EBITDA
closed 6/23/2022 via BusinessWire

Connect Partnership Group, acquired HARLON

synopsis: Connect Partnership Group, a Dallas-based sports and entertainment agency, announced the strategic acquisition of HARLON, a full-service sponsorship sales agency that specializes in representing rights holders across sports, music, and entertainment.
buyer: Connect Partnership Group
Connect Partnership Group is a strategic sales and consultancy agency that specializes in representing and selling sponsorships, naming rights and other media assets in sports and entertainment, while also providing an outsourced business development team to companies that sell products and services"
target: HARLON
HARLON is a full-service sponsorship sales agency that specializes in representing rights holders across sports, music, and entertainment.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 6/23/2022 via BusinessWire

Alliance Entertainment Corp will be merged with Adara Acquisition Corp.,

synopsis: Adara Acquisition Corp., a special purpose acquisition corporation, announced the signing of a definitive business combination agreement with Alliance Entertainment Holding Corporation, a distributor and wholesaler of the world’s largest in stock selection of music, movies, video games, electronics, arcades, and collectibles.
buyer: Adara Acquisition Corp. (ADRA:$0.00)
Adara Acquisition Corp. is a special purpose acquisition corporation organized for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities. "
target: Alliance Entertainment Corp
Alliance Entertainment is a premier distributor of music, movies, and consumer electronics. They offer 485,000 unique in stock SKU’s, including over 57,300 unique compact discs, vinyl LP records, DVDs, Blu-rays, and video games.
price ($mm)
$480
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/23/2022 via BusinessWire

Degreed, acquired LEARN IN

synopsis: Degreed, the global innovator in professional lifelong learning chosen by more than one in three Fortune 50 companies, announced the acquisition of talent academy platform, Learn In, and the return of Co-founder David Blake as CEO.
buyer: Degreed
Degreed is a workforce learning and skills tracking platform. The company integrates and curates all the resources people use to learn, all in one place, including learning management systems and millions of courses, videos, articles, books, and podcasts from thousands of sources. "
target: LEARN IN
Learn In helps companies establish talent academies that steer all the resources needed for building a highly skilled workforce. HR, Talent and L&D leaders use Learn In to modernize access to learning budgets and world-class programs, to simplify the delivery of custom programs to employee groups.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/23/2022 via Company Press Release

Pine Labs Private Limited, acquired Setu

synopsis: Pine Labs, a leading merchant commerce platform in India, has acquired Setu, a provider of digital finance infrastructure solutions in India. Setu aims to rebuild and future-proof India’s fintech architecture. Their API solutions enables businesses to reimagine onboarding, payments, deposits, lending, and data empowerment for their end customers.
buyer: Pine Labs Private Limited
Pine Labs is a leading merchant platform company in India. The company's cloud-based software platform enables it to offer a wide range of payment acceptance and merchant commerce solutions including enterprise automation systems such as inventory management and customer relationship management. "
target: Setu
Setu is a provider of digital finance infrastructure solutions in India. Setu aims to rebuild and future-proof India’s fintech architecture. Their API solutions enables businesses to reimagine onboarding, payments, deposits, lending, and data empowerment for their end customers.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/23/2022 via BusinessWire

Planview, Inc., acquired Enrich Consulting, Inc.

synopsis: Planview, the global leader in Portfolio Management and Work Management, has announced the acquisition of Enrich, a product portfolio analytics company that empowers R&D organizations with complex portfolios to make strategic business decisions in real-time.
buyer parent: TA Associates
buyer: Planview, Inc.
Planview has one focus: enabling the transformation journey as organizations rewire strategy to delivery in today’s fast-paced, highly disruptive markets. Their solutions uniquely help organizations navigate this journey and accelerate on-strategy delivery at enterprise scale. "
target: Enrich Consulting, Inc.
Founded in 1998, Enrich provides flexible analytics, scenario planning, simulation, and optimization techniques tailored for R&D teams to enable portfolio planning and prioritization, decision support, and risk analysis for highly-complex product portfolios.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/23/2022 via PR Newswire

Johnson Controls, acquired Tempered

synopsis: Johnson Controls, the global leader for smart, healthy, and sustainable buildings, has acquired Tempered Networks, a zero trust cybersecurity provider. Acquiring Tempered Networks allows Johnson Controls to secure buildings data from edge to cloud using the company's zero trust based Airwall technology.
buyer: Johnson Controls (JCI:$24,693.00)
Johnson Controls transforms the environments where people live, work, learn and play. As the global leader in smart, healthy and sustainable buildings, Johnson Controls' mission is to reimagine the performance of buildings to serve people, places and the planet. "
target: Tempered
Tempered's Airwall solution protects critical infrastructure with the industry's only, truly native Zero Trust platform. Airwall helps businesses easily secure things and facilities while still allowing them to monitor and connect remotely, from anywhere.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/23/2022 via PR Newswire

Enghouse Systems Limited, acquired Competella AB

synopsis: Enghouse Systems Limited announced it has acquired Competella AB, a provider of a SaaS and On-Premise contact center and attendant console solutions based in Stockholm, Sweden.
buyer: Enghouse Systems Limited (TSX:ENGH:$362.86)
Enghouse is a Canadian publicly traded company that provides enterprise software solutions focusing on contact centers, video communications, healthcare, telecommunications, public safety and the transit market. "
target: Competella AB
Competella, a provider of a SaaS and On-Premise contact center and attendant console solutions, offers a complete platform built on Microsoft Teams. The Competella Communication Suite includes solutions for Contact Centers and Attendants as well as complementary Office User add-ons.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 6/17/2022 via PR Newswire

VITEC Software Group, will acquire Scanrate Financial Systems A/S

synopsis: Vitec Software Group AB is to acquire all shares in the Danish software company Scanrate Financial Systems A/S, which develops and delivers software for analysis, valuation, and risk management with a focus on the Danish bond market.
buyer: VITEC Software Group (OM:VIT B:$1,644.58)
Vitec is the market leader for Vertical Market Software in the Nordic region. They develop and deliver standard niche software. Vitec grows through acquisitions of well-managed and well-established software companies. Their employees are based in Denmark, Finland, Norway and Sweden. "
target: Scanrate Financial Systems A/S
The software company Scanrate Financial Systems A/S develops and delivers software for analysis, valuation, and risk management with a focus on the Danish bond market.
price ($mm)
rev ($mm)
$6
EBITDA ($mm)
EV / rev
0.0x
EV / EBITDA
announced 6/17/2022 via BNC Analysis

Digital Bros S.p.A., will acquire D3 Go!

synopsis: Digital Bros, a video game developer and publisher based in Italy, will acquire D3 Go! from D3 Publisher, a Japanese video game developer and publisher. D3 Go! is a global publisher and developer of mobile games. Their games include Puzzle Quest: The Legend Returns, Alien: Blackout, Adventure Gnome, Word Designer: Country Home, and more.
buyer: Digital Bros S.p.A. (BIT:DIB:$118.16)
Digital Bros is a video game developer and publisher based in Italy. Digital Bros creates video games for all Consoles, PC, Mobile and Streaming platforms, and distributes them worldwide through digital and retail channels. Their games include Ghostrunner, Portal Knights, Gems of War, and more. "
target parent: BANDAI NAMCO Holdings, Inc.
target: D3 Go!
D3 Go! is a global publisher and developer of mobile games. D3 Go! is dedicated to creating the gaming best experiences for their players. Their games include Puzzle Quest: The Legend Returns, Alien: Blackout, Adventure Gnome, Word Designer: Country Home, and more.
price ($mm)
$1.50
rev ($mm)
$19
EBITDA ($mm)
EV / rev
0.3x
EV / EBITDA
announced 6/17/2022 via BusinessWire

Ftx Trading Ltd., will acquire Bitvo, Inc.

synopsis: FTX Trading Limited, a leading global crypto-asset trading platform, announced that it has entered into an agreement to acquire Bitvo, Inc., a Canadian crypto asset trading platform that facilitates buying and selling of crypto assets through its best-in-class website and mobile applications.
buyer: Ftx Trading Ltd.
Hong Kong-based FTX is a cryptocurrency exchange that offers innovative products, including industry-first derivatives, options, volatility products and leveraged tokens. The company strives to develop a platform robust enough for professional trading firms and intuitive enough for first-time users."
target: Bitvo, Inc.
Bitvo is a Canadian crypto asset trading platform that facilitates buying and selling of crypto assets through its best-in-class website and mobile applications.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 6/17/2022 via BNC Analysis

OrderYOYO, will acquire app smart GmbH

synopsis: OrderYOYO, a leading European online ordering, payment, and marketing software solution provider, will acquire app smart, a leading provider of e-commerce solutions and POS systems in Germany. app smart helps restaurants to optimize their business. Their solutions enable businesses to easily setup online shops and more efficiently manage orders.
buyer: OrderYOYO (CPSE:YOYO:$15.41)
OrderYOYO is a leading European online ordering, payment, and marketing software solution provider. OrderYOYO is a SaaS solution that enables small independent takeaway restaurants to have their own-branded online presence direct to consumers. "
target: app smart GmbH
app smart is a leading provider of e-commerce solutions and POS systems in Germany. app smart helps restaurants to optimize their business and become more competitive. Their solutions enable businesses to easily setup online and mobile shops, and more efficiently manage orders.
price ($mm)
$31
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/17/2022 via PR Newswire

Talent Systems, LLC, acquired Staff Me Up, Inc.

synopsis: Talent Systems, a leading provider of casting and auditioning software, has acquired Staff Me Up, the leading hiring platform for media production. Staff Me Up provides freelancers with access to exclusive production jobs and gives media production companies the ability to efficiently hire qualified crew members.
buyer: Talent Systems, LLC
Talent Systems is a leading provider of casting and auditioning software. Talent Systems enables casting directors and agents worldwide to source and manage talent across film, television, commercials, theater and digital projects. "
target: Staff Me Up, Inc.
Staff Me Up is the leading hiring platform for media production. Staff Me Up provides freelancers with access to exclusive production jobs and insights to help them advance their careers; and gives media production companies the ability to efficiently hire qualified crew members.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/17/2022 via BNC Analysis

Buggy, acquired Ninja Delivery

synopsis: Buggy, an online grocery and alcohol delivery service in Canada, has acquired Ninja Delivery, a grocery delivery company in Canada. Ninja delivers everything their customers need to their doorsteps within 10 minutes. Their mobile app allows users to order eggs, chips, ice cream, milk, fresh produce, meat, drinks, and more.
buyer: Buggy
Buggy is an online grocery and alcohol delivery service in Canada. Buggy enables users to shop from their favourite grocery stores, and have them delivered to their home. Buggy’s personal shoppers handpick, pack and deliver orders to ensure quality and freshness. "
target: Ninja Delivery
Ninja Delivery is a grocery delivery company in Canada. Ninja delivers everything their customers need to their doorsteps within 10 minutes. Their mobile app allows users to order eggs, chips, ice cream, milk, fresh produce, meat, drinks, and more.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/17/2022 via BNC Analysis

InvestReady, acquired EarlyIQ

synopsis: InvestReady, an industry-leading third-party provider of accredited investor verifications, announced today that it is acquiring its rival EarlyIQ, which also provides accredited investor verifications, as well as “Bad Actor” background checks and company diligence reports.
buyer: InvestReady
InvestReady is the safest and most reliable investor verification and accreditation service in the world. InvestReady understands the complexity and sensitivity of requiring investors to verify and maintain their accredited status on an ongoing basis. "
target: EarlyIQ
Founded in 2012, EarlyIQ is the leading provider of simple, secure online diligence and compliance solutions for private financial markets including crowdfunding, peer lending, angel, accredited, private equity, and venture capital.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/16/2022 via BNC Analysis

BrickRed Systems LLC, acquired EvenFlow Solutions

synopsis: Brickred Systems has acquired EvenFlow Solutions, a leading supplier of outsourced Technical and Accounting/Finance based solutions. EvenFlow Solutions, founded in 2019 and headquartered in Dallas, Texas, has established itself as a valued consulting partner to Healthcare Service providers by optimizing their business models and services.
buyer: BrickRed Systems LLC
BrickRed Systems is a global leader in next-generation technology, consulting, and business process service companies. They enable clients to navigate their digital transformation. BrickRed Systems delivers a range of consulting services to its clients across multiple industries around the world. "
target: EvenFlow Solutions
EvenFlow Solutions offers personalized recruiting and consulting services which are tailored to the unique needs of each business. Evenflow specializes in a variety of sectors, including accounting and finance, administrative, information technology, life sciences, human resources, and more.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/16/2022 via BNC Analysis

Symboticware Inc., acquired Palifer Inc.

synopsis: Ontario-based Symboticware has acquired Palifer, the developer of a deep-learning Natural Language Processing AI software that generates data from work orders created in natural language. Palifer’s AI will enable Symboticware’s customers to reduce unscheduled downtime, prevent unsafe incidents caused by equipment failure and optimize maintenance.
buyer: Symboticware Inc.
Based in Ontario, Symboticware is the nerve-center of mining intelligence. Its 4-Sight.ai product is an end-to-end System of Intelligence that provides AI-driven actionable insights to empower its customers to make smart, informed, and on-time decisions. "
target: Palifer Inc.
Palifer is a developer of a deep-learning Natural Language Processing (NLP) AI software that generates data from work orders created in natural language. Its AI algorithm extracts meaning from unstructured work orders and repair history files generated by technicians, repair mechanics and operators.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/16/2022 via BNC Analysis

The Berry Recruitment Group, acquired First Recruitment Services

synopsis: St Albans-based staffing firm Berry Recruitment Group (BRG) announced that it has acquired First Recruitment Services, a highly respected, independent employment agency providing office and warehouse staff throughout Sussex, Surrey, Kent & London.
buyer: The Berry Recruitment Group
Berry Recruitment Group is a rapidly expanding group of companies consisting of Berry Recruitment, Wild Recruitment, Wild Berry Associates, and BuzzHire. Each brand has its own unique profile but they work closely together and are united under the BRG banner. "
target: First Recruitment Services
First Recruitment Services is a highly respected, independent employment agency providing office and warehouse staff throughout Sussex, Surrey, Kent & London.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 6/16/2022 via BNC Analysis

Europris, will acquire Strikkemekka

synopsis: Europris, Norway’s largest discount variety retailer, will acquire a 67% stake in Strikkemekka Holding AS, an online yarn and knitting store in Norway. Strikkemekka offers an extensive portfolio of products from leading brands. They offer knitting packages, yarn, knitting needles, braided needles, knitting nets, zippers, crochet hooks, and more.
buyer: Europris (OB:EPR:$862.44)
Europris is Norway’s largest discount variety retailer. Europris offers its customers a broad range of quality private-label and brand-name merchandise across various categories, including personal care, groceries, laundry, clothes, hobby, travel, sport, home and garden, electronics, pets, and more."
target: Strikkemekka
Strikkemekka is an online yarn and knitting store in Norway. Strikkemekka offers an extensive portfolio of products from leading brands. They offer knitting packages, yarn, knitting needles, braided needles, knitting nets, zippers, crochet hooks, and more.
price ($mm)
$9.13*
rev ($mm)
$19
EBITDA ($mm)
EV / rev
0.7x
EV / EBITDA
closed 6/16/2022 via BusinessWire

Unite Digital, acquired Millennium Communications

synopsis: Digital marketing and advertising pioneer Millennium Communications is being acquired by Unite Digital, which is disrupting the agency world with its unique strategy of gathering the most talented organizations and providing them with an expanded range of capabilities and resources.
buyer: Unite Digital
Unite Digital is an agency investment and advisory group exclusively focused on creating a successful, thriving corporate ecosystem for marketing firms to better serve middle market and enterprise clients. "
target: Millennium Communications
Millennium Communications is a digital problem-solving agency specializing in helping clients leverage technology for superior accessibility, privacy, security, compliance, and marketing.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/16/2022 via BNC Analysis

Back2Work, acquired Just IT Training

synopsis: Back2Work Group, the leading, national adult learning and pre-employment training provider, has acquired Just IT Training, a provider of IT and digital apprenticeships and skills ‘boot camps’, based in London.
buyer parent: Palatine Private Equity
buyer: Back2Work
Back2Work Group is the leading, national adult learning and pre-employment training provider in the UK. They specialize in delivering intensive training courses to help the long-term unemployed return to work, retrain or reskill. "
target: Just IT Training
Just IT Training is a provider of IT and digital apprenticeships and skills ‘boot camps’, based in London. They work with clients such as Sainsbury’s, National Rail, Google and public sector organizations, such as the NHS and Bank of England.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/16/2022 via PR Newswire

Talent Systems, LLC, purchased eTribez Casting Platform from eTribez

synopsis: Talent Systems, a provider of casting and auditioning software, has acquired the eTribez Casting Platform from eTribez, the entertainment industry’s leading digital solutions provider. The eTribez Casting Platform enables television and film producers to receive and efficiently filter an enormous number of candidates in a short period of time.
buyer: Talent Systems, LLC
Talent Systems is a leading provider of casting and auditioning software. Talent Systems enables casting directors and agents worldwide to source and manage talent across film, television, commercials, theater and digital projects. "
seller: eTribez
The eTribez Casting Platform enables television and film producers to receive and efficiently filter an enormous number of candidates in a short period of time. The eTribez Casting Platform is a product of eTribez, the entertainment industry’s leading digital solutions provider.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/16/2022 via BusinessWire

Devtech, acquired Saturized

synopsis: Devtech, a global digital innovation services company, today announced the acquisition of Saturized – a creative agency focused on transforming ideas into digital experiences. The acquisition further accelerates Devtech’s organic growth of more than 60% YoY annual recurring revenue (ARR).
buyer: Devtech
Devtech provides outcome-driven digital innovation services and helps companies better respond to change. With a multi-disciplinary team of experts across North America and Europe, Devtech partners with leading software vendors, telcos, cloud service providers, and managed service providers. "
target: Saturized
Saturized is a professional digital creative agency, focused on creating and delivering a high quality interactive experience. Their agency offers a range of services that include branding, interface design, websites design & development, digital applications, 3D models, interactive presentations.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/16/2022 via BusinessWire

Veritone, acquired VocaliD, Inc.

synopsis: Veritone, Inc., creator of aiWARE, a hyper-expansive enterprise AI platform, announced the acquisition of VocaliD, Inc., a U.S.-based company that pioneered the creation of personalized synthetic voices.
buyer: Veritone (VERI:$131.42)
Veritone has created the world’s first operating system for artificial intelligence. Veritone’s aiWARE operating system leverages the power of cognitive computing to transform and analyze audio, video and other data sources in an automated manner to generate actionable insights. "
target: VocaliD, Inc.
VocaliD is a Boston-based speech technology company that creates bespoke AI-generated voices for discerning brands that understand the power of voice for social connection, trust, and engagement.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/16/2022 via BusinessWire

Acrisure, LLC, acquired QuickInsured, LLC

synopsis: Acrisure, a fast-growing fintech leader that operates a top-10 global insurance broker, announced it has acquired QuickInsured (QI), a best-in-class tech-enabled insurance agency.
buyer: Acrisure, LLC
Acrisure specializes in intelligence-driven financial services, providing a broad array of products including Insurance, Real Estate Services, Cyber Services, and Asset Management. "
target: QuickInsured, LLC
QuickInsured (QI) is a best-in-class tech-enabled insurance agency. QuickInsured’s technology provides access to top-rated carriers, eliminating the time-consuming shopping process while providing consumers with the best insurance products for their needs.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 6/16/2022 via Company Press Release

TaskRay, will acquire Flux Capacity LLC

synopsis: TaskRay, a provider of a Salesforce-native collaborative work management solution designed for managing post-sale processes, announced that it has signed a definitive agreement to acquire Flux Capacity, a resource management solution purpose-built for TaskRay. 
buyer: TaskRay
TaskRay, the company, is the maker of the top-rated enterprise customer onboarding solution on the Salesforce AppExchange. Since 2010, they’ve provided innovative solutions that help companies scale their onboarding and implementation processes—all within Salesforce. "
target: Flux Capacity LLC
Flux Capacity is a robust resource management and capacity planning solution purpose-built for the TaskRay work management solution. Flux Capacity has resource intelligence features such as forecasting, capacity planning, team workload management, and analytics.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/16/2022 via BNC Analysis

ReadyTech Holdings Limited, acquired IT Vision

synopsis: Publicly listed SaaS provider ReadyTech has acquired IT Vision, who develops Digital Enterprise Solutions for Local Government and similar industries in an effort to boost its position in the local government sector.
buyer: ReadyTech Holdings Limited (ASX:RDY:$34.97)
Based in Australia, ReadyTech is a leading provider of mission-critical SaaS for the education, workforce management, government and justice sectors. ReadyTech creates technology that helps their customers navigate complexity, while also delivering meaningful outcomes. "
target: IT Vision
IT Vision has been developing Digital Enterprise Solutions for Local Government and similar industries. Their fully integrated SynergySoft suite delivers a wide array of modules and features based on the everyday needs of council staff, and their latest addition, Altus, a fully cloud‑based solution.
price ($mm)
$16
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/16/2022 via BusinessWire

Hudl, acquired BlueFrame Technology

synopsis: Hudl, the leader in sports performance analysis, video and data technology announced that livestreaming leader BlueFrame Technology is joining the Hudl family. The two companies offer broadcasting tools with an industry-leading revenue share model. BlueFrame Technology services over 1,500 clients across North America.
buyer: Hudl
Hudl is a software product offered by Agile Sports Technologies, a provider of coaching software for the sports industry. Hudl is a Web-based interactive video editing system that enables users to capture their team's videos, analyze and watch the videos online, and more. "
target: BlueFrame Technology
BlueFrame Technology is the premier end-to-end video streaming provider servicing over 1,500 clients across North America. BlueFrame has official partnerships with over 40 collegiate conferences and national organizations spanning all levels of competition.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/10/2022 via Company Press Release

Cambridge Information Group, LLC, acquired Emerald Group

synopsis: The Emerald Group announced they were acquired by Cambridge Information Group (CIG). or over 50 years, Emerald has been an independent publishing house, formed by a group of management academics at the University of Bradford, UK, and latterly run as a family-owned business, spearheaded by the late Dr. Keith Howard OBE.
buyer: Cambridge Information Group, LLC
Cambridge Information Group (CIG) is a family owned global investment firm with a focus on information services, education and technology. CIG builds companies for long-term success by reinvesting in the growth and development of existing portfolio companies as well as acquiring new businesses. "
target: Emerald Group
Emerald is a global learning organization based in West Yorkshire. While their roots are in publishing, and bringing research to life, their corporate learning division provides learners with the insight and tools they need to overcome challenges, improve performance and excel in the workplace.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 6/10/2022 via PR Newswire

IBM, will acquire Randori

synopsis: IBM is to acquire Randori, a leading attack surface management (ASM) and offensive cybersecurity provider based in the Boston area. Randori helps clients continuously identify external facing assets, both on-premise or in the cloud, that are visible to attackers – and prioritize exposures which pose the greatest risk.
buyer: IBM (IBM:$58,361.00)
IBM is a leading cloud platform and cognitive solutions company. Restlessly reinventing since 1911, they are the largest technology and consulting employer in the world. With Watson, the AI platform for business, powered by data, IBM is building industry-based solutions to real-world problems. "
target: Randori
Randori is a leading attack surface management and offensive cybersecurity provider based in the Boston area. Randori helps clients continuously identify external facing assets, both on-premise or in the cloud, that are visible to attackers – and prioritize exposures which pose the greatest risk.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/10/2022 via Company Press Release

Red Nucleus Solutions LLC, acquired Actando SA

synopsis: Red Nucleus (“RN”), the premier provider of strategic learning and development for the life sciences industry, announced that it has acquired Actando SA, a global learning organization that provides technology-enabled learning solutions to life sciences commercial teams that advance critical skills and capabilities across marketing.
buyer parent: The Riverside Company
buyer: Red Nucleus Solutions LLC
Red Nucleus is the premier provider of strategic learning and development, scientific services and advisory, and medical communications solutions exclusively for the life sciences industry. Red Nucleus delivers global solutions designed to boost understanding, efficiency, and compliance. "
target: Actando SA
Actando SA is a global learning organization that provides technology-enabled learning solutions to life sciences commercial teams that advance critical skills and capabilities across marketing, omnichannel, sales, key account management, and market access.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 6/10/2022 via BusinessWire

Made4net, will acquire Zethcon

synopsis: Thompson Street Capital Partners has announced the acquisition of Zethcon by TSCP portfolio company Made4net. Zethcon is a leading North American warehouse management system (WMS) software company with a robust cloud-based product platform designed specifically for the unique requirements of the third-party logistics (3PL) market.
buyer parent: Thompson Street Capital Partners
buyer: Made4net
Made4net is a leading global provider of best-in-class, cloud-based supply chain execution and warehouse management solutions for organizations of all sizes to improve the speed and efficiency of their supply chain. "
target: Zethcon
Zethcon is a leading North American warehouse management system (WMS) software company with a robust cloud-based product platform designed specifically for the unique requirements of the third-party logistics (3PL) market.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/10/2022 via Company Press Release

SmartCraft, acquired Elverdi

synopsis: SmartCraft ASA, a Nordic provider of software solutions for craftsmen and the construction industry, has acquired Elverdi Norge AS, a leading provider of software solutions for electricians in Norway. Elverdi helps electricians to increase their sales. Their mobile solutions enables electricians to instantly provide offers and upsell to customers.
buyer: SmartCraft (OB:SMCRT:$23.49)
SmartCraft is the leading Nordic provider of software solutions for craftsmen and the construction industry. SmartCraft provides modern SaaS solutions to help companies become more efficient and profitable. They offer solutions for ERP, project management, quality assurance, and more. "
target: Elverdi
Elverdi is a leading provider of software solutions for electricians in Norway. Elverdi helps electricians to increase their sales. Their mobile solutions enables electricians in the field to easily and instantly provide offers and upsell to customers.
price ($mm)
$1.75
rev ($mm)
$1
EBITDA ($mm)
EV / rev
3.0x
EV / EBITDA
closed 6/10/2022 via PR Web

Accelerist Inc., acquired GiveWorx

synopsis: Accelerist, a SaaS platform supporting companies and nonprofits in their partnership efforts, has acquired GiveWorx, a financial software company that helps businesses and nonprofits raise money from their constituents.
buyer: Accelerist Inc.
Accelerist is the leader in social impact partnership technology. Accelerist’s software platform supports corporate partnership teams, account management, and leadership in sustaining, vetting, and growing their partnership portfolios. "
target: GiveWorx
GiveWorx is the go-to Impact-as-a-Service technology that enables businesses to fulfill their Corporate Social Responsibility. Its suite of digital giving tools makes it easy for businesses and nonprofits to engage customers, employees, and communities!
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 6/10/2022 via GlobeNewswire

Blue Nile Inc. will be merged with Mudrick Capital Acquisition Corporation II,

synopsis: Blue Nile, Inc., the leading online retailer of GIA graded, conflict-free diamonds, diamond engagement rings, and fine jewelry, and Mudrick Capital Acquisition Corporation II, a publicly-traded SPAC, announced they have entered into a definitive agreement for a business combination that will result in Blue Nile becoming a public company.
buyer: Mudrick Capital Acquisition Corporation II
Mudrick Capital Acquisition Corporation II is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. "
target: Blue Nile Inc. (NILE:$471.91)
Blue Nile, Inc. is the largest online retailer of high-quality, conflict-free, GIA graded diamonds and fine jewelry.
price ($mm)[EV]
$342 [$343]
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 6/10/2022 via BNC Analysis

Fenix Entertainment, will acquire Verve Media Company

synopsis: Fenix Entertainment, a film and music production company in Italy, will acquire a 60% stake in Verve Media Company, an Italian production company that produces original TV and multimedia content. Verve produces content for national and international markets. Their genres include light entertainment, infotainment, game show, and documentaries.
buyer: Fenix Entertainment
Fenix Entertainment is a film and music production company in Italy. Fenix Entertainment produces films, TV shows, documentaries, docu-films, soundtracks, and more. Their productions include Diva!, Bride in Red, Behind the Night, That's Love, Super Cafoni, and more. "
target: Verve Media Company
Verve Media Company is an Italian production company that produces original TV and multimedia content. Verve has produced more than 5000 hours of content for national and international markets. Their genres include light entertainment, infotainment, game show, docu-reality and documentaries.
price ($mm)
$1.26*
rev ($mm)
EBITDA ($mm)
$1
EV / rev
EV / EBITDA
3.0x
closed 6/9/2022 via PR Newswire

RealWear, Inc., acquired Genba, Inc.

synopsis: RealWear, the world's leading provider of assisted reality solutions for frontline industrial workers, has acquired Genba AI, opening new industrial channels for Realwear to serve. Genba seamlessly captures critical knowledge and enables workflows for industrial maintenance technicians using speech-to-text and natural language processing.
buyer: RealWear, Inc.
RealWear is the world's leading provider of assisted reality wearable solutions that engage, empower, and elevate the modern frontline industrial worker to perform work tasks more safely, and with increased efficiency and precision. "
target: Genba, Inc.
Genba empowers the frontline industrial workforce with the most straightforward, dependable and intelligent software in the world, built specifically for them. Genba allows teams to complete workflows by voice, and delivers insights in real time from the floor.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/9/2022 via BusinessWire

XMachina-AI, acquired The Good Register

synopsis: XMachina-AI Inc. is signing a non-binding Letter of Intent to purchase all of the outstanding shares of The Good Register, a SaaS product company in the PropTech vertical. The Good Register’s innovative platform automates building maintenance tasks, allowing properties to be more efficiently managed and increasing tenant retention and satisfaction.
buyer: XMachina-AI
XMachina-AI acquires companies that are applying AI and advanced data analytics in innovative ways to solve real world business problems. The Company then accelerates their growth by injecting capital, top tier talent and by streamlining their corporate processes. "
target: The Good Register
Founded in 2015, The Good Register spent 24 months developing a unique, open and easy-to-use solution for everyone involved in the real estate world. With more than a hundred prototypes, they marketed the first version of TGR in 2017.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/9/2022 via PR Newswire

Achieve Partners, acquired boclips

synopsis: Achieve Partners announced that it has acquired a majority stake in Boclips, whose library of video and audio content is used by publishers, schools, universities and Ministries of Education around the world. Boclips works with publishers and education providers worldwide to enrich learning with the world's best educational videos and podcasts.
buyer: Achieve Partners
Achieve Partners is engineering the future of learning and earning by investing in cutting-edge technologies and novel business models to bolster skill development and secure the future of work for millions of Americans. "
target: boclips
Boclips works with publishers and education providers worldwide to enrich learning with the world's best educational videos and podcasts. Boclips is the industry's trusted destination for rich media that are vetted for quality, sourced from leading creators, and curated specifically for education.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 6/9/2022 via BusinessWire

LawPay LLC, will acquire MyCase Inc.

synopsis: AffiniPay, the parent company of LawPay, announced that it will acquire legal practice management software company, MyCase, from funds advised by Apax. MyCase covers the entire client lifecycle with lead management, case management, billing and invoicing, and robust reporting.
buyer parent: TA Associates
buyer: LawPay LLC
LawPay was developed specifically to help law firms streamline billing and collections, providing a simple, secure solution for legal clients to pay their bills. LawPay is the industry leader in legal payments, providing a cost-effective solution for more than 50,000 law firms around the country. "
target parent: Apax Partners
target: MyCase Inc.
MyCase is complete legal practice management software designed for the modern law firm. MyCase covers the entire client lifecycle with lead management, case management, billing and invoicing, and robust reporting.
price ($mm)
$24
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 6/9/2022 via BusinessWire

Renesas Electronics Corporation, will acquire Reality Analytics

synopsis: Renesas Electronics, a premier supplier of advanced semiconductor solutions, is to acquire Reality Analytics, Inc. (Reality AI), a leading provider of embedded AI solutions. Reality AI offers a wide range of embedded AI and Tiny Machine Learning (TinyML) solutions for advanced non-visual sensing in automotive, industrial and commercial products.
buyer: Renesas Electronics Corporation (TSE:6723:$7,416.99)
Renesas Electronics Corporation is a premier supplier of advanced semiconductor solutions. A leading global provider of microcontrollers, Renesas combines their expertise in embedded processing, analog, power and connectivity to deliver complete semiconductor solutions. "
target: Reality Analytics
Reality AI offers a wide range of embedded AI and Tiny Machine Learning (TinyML) solutions for advanced non-visual sensing in automotive, industrial and commercial products.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 6/9/2022 via BusinessWire

Flexa, will acquire Drop Party

synopsis: Flexa, the world’s leading pure-digital payments network, announced that it intends to acquire Drop Party, a marketing technology company that creates engaging customer experiences via live events, performances, and online campaigns.
buyer: Flexa
Flexa is the global leader in pure-digital payments. They provide merchants and developers with simple integrations for digital currency acceptance that are fast, affordable, and completely fraud-proof. Flexa’s mission is to make payments more efficient and accessible for people all over the world. "
target: Drop Party
Drop Party is a marketing technology company that creates engaging customer experiences via live events, performances, and online campaigns.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/9/2022 via PR Newswire

Spectrum Science Communications, Inc., acquired The Seismic Collaborative

synopsis: Spectrum Science, an independent marketing agency hyper-focused on health and science, has acquired The Seismic Collaborative, a communications agency that specializes in supporting early-stage health tech and biotech companies. Seismic offers services for PR, media relations, social media, content, and more.
buyer: Spectrum Science Communications, Inc.
Spectrum Science is an integrated marketing, communications and media agency hyper-focused on health and science. Spectrum leverages human-centered insights, motivating creative, innovative storytelling and technology to reach audiences where they are with the content they need and want. "
target: The Seismic Collaborative
The Seismic Collaborative is a communications agency that specializes in supporting early-stage health tech and biotech companies. Seismic creates high impact communications campaigns to help their clients grow. They offer services for PR, media relations, social media, content, and more.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/9/2022 via BNC Analysis

Songtradr, acquired Musicube

synopsis: Songtradr, the world’s leading B2B music company, has acquired Musicube, an AI-powered metadata and music search tool. Musicube is a cloud solution that enables music companies to organize their music catalog and automatically tag their songs. Their easy-to-install widgets and customizable API makes music catalogues more searchable.
buyer: Songtradr
Songtradr is the largest B2B music licensing marketplace in the world, providing music creators and rights owners with a complete tech-enabled solution for rights management and monetization while providing B2B music users with highly-efficient, AI guided access to music. "
target: Musicube
Musicube is an AI-powered metadata and music search tool. Musicube is a cloud solution that enables music companies to organize their music catalog and automatically tag their songs. Their easy-to-install widgets and customizable API makes music catalogues more searchable.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/9/2022 via GlobeNewswire

Arryved, acquired Craftpeak

synopsis: Arryved, the leading point-of-service provider for craft beverage and food establishments, announced that it has acquired Craftpeak, a premier provider of advanced websites and ecommerce capabilities for the craft beverage industry.
buyer: Arryved
Arryved started with an idea of building an app for craft beer drinkers (like us) to track beer purchases and preferences. With a vision for the app, we shopped the idea around to our brewery friends. "
target: Craftpeak
Craftpeak is a technology agency serving customers in the US and UK. Since its inception, Craftpeak has developed innovations, strategies, thought leadership that have helped businesses create new online and DTC sales channels and new ways of authentically connecting consumers with craft creators.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 6/9/2022 via BNC Analysis

Coala Life, will acquire Vitrics Health

synopsis: Coala-Life Group AB, a Swedish medical device company, will acquire Vitrics Health, a provider of Remote Patient Monitoring (RPM) solutions. Vitrics Health offers a complete turnkey RPM software solution that makes it easy for group practices and care teams to deliver virtual care programs that generate new revenue and improve health outcomes.
buyer: Coala Life (OM:COALA:$0.41)
Coala Life is a Swedish medical device company focused on cloud-based cardiac and pulmonary diagnostics. Coala Life's Coala Heart Monitor is a cloud-based product and app that enables long-term remote monitoring, analysis and algorithm-based diagnostics of the heart. "
target: Vitrics Health
Vitrics Health is a provider of Remote Patient Monitoring (RPM) solutions. Vitrics Health offers a complete turnkey RPM software solution that makes it easy for group practices and care teams to deliver virtual care programs that generate new revenue and improve health outcomes.
price ($mm)
$4.50
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/9/2022 via BusinessWire

Notion Labs, acquired Cron Inc.

synopsis: Notion, the collaboration software company, has acquired Cron, a next-generation calendar for professionals and teams. In its mission to make software toolmaking ubiquitous, Notion will leverage Cron’s experience building beautiful products and expertise in how people organize time.
buyer: Notion Labs
Notion is a collaboration software company. Notion combines everyday work tools together in one place and is completely customizable to meet the needs of any workflow. "
target: Cron Inc.
Cron is a next-generation calendar for professionals and teams. Cron helps users spend their time wisely through well-crafted software that streamlines workflows, integrates other productivity tools, and builds collaboration right into the core experience
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/9/2022 via BusinessWire

Business Warrior, acquired Alchemy Technologies

synopsis: Business Warrior Corp., the source for small businesses in America to get more customers, announced the acquisition of Alchemy Technologies, an industry leading embedded financing software company that powers FinTech’s, Merchants and Banks with an end-to-end cloud native experience.
buyer: Business Warrior (OTCPK:BZWR:$0.39)
Business Warrior is a SaaS company providing small businesses in the United States with a suite of data-driven marketing and next-generation, funding solutions to boost local market dominance. "
target: Alchemy Technologies
Alchemy Technologies is an industry leading embedded financing software company that powers FinTech’s, Merchants and Banks with an end-to-end cloud native experience.
price ($mm)
$8.75
rev ($mm)
$3
EBITDA ($mm)
EV / rev
3.1x
EV / EBITDA

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