GrowthPoint Technology Partners provides weekly summary and outlook on last week’s technology M&A deal activity:
100 deals announced
Median multiple of 1.4x
$93.4B announced total deal value year to date in technology M&A activity with 1,656 closed transactions announced
Notable deals in technology M&A include:
Carrier to Acquire Viessman – Read More
Carrier says it will acquire Germany’s Viessmann Climate Solutions in a cash and stock deal valued at €12 billion. The transaction will see Carrier acquire Viessmann’s heat pump business, which is currently valued at $5 billion and expected to triple in size to $15 billion by 2027.
Alarm.com to Acquire Vintra – Read More
Alarm.com (Nasdaq: ALRM), the leading platform for the intelligently connected property, today announced the acquisition of substantially all assets of Vintra, a software provider of award-winning AI-powered video analytics for the enterprise commercial market. Integrating Vintra’s software capabilities and its experienced science and engineering teams will expand Alarm.com’s deep learning program and accelerate deployment of advanced video analytics solutions for the Alarm.com and OpenEye platforms.
Paycor to Acquire Verb – Read More
Paycor HCM, Inc. (“Paycor”) (Nasdaq: PYCR), a leading provider of human capital management (HCM) software, today announced that it will acquire Verb, a people development platform incorporating behavioral science and proprietary microlearning content to create best-in-class workplace training. According to Gartner, leader and manager effectiveness is the most frequent top priority among HR leaders. With the acquisition of Verb, Paycor will support organizations with their top priority of empowering leaders to develop winning teams.
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