GrowthPoint Technology Partners provides weekly summary and outlook on last week’s technology M&A deal activity:
90 deals announced
Median multiple of 3x
$81.7B announced total deal value year to date in technology M&A activity with 1,764 closed transactions announced
Notable deals in technology M&A include:
The Citation Group to Acquire HRdownloads – Read More
HRdownloads Inc., a Canadian provider of HR software, content, and advisory support, has been acquired by global compliance leader The Citation Group.
GBST to Acquire CreativeMass – Read More
Fintech software company GBST said it bought WealthConnect which provides an investment platform based wholly on Salesforce, for an undisclosed sum.
WealthConnect is developed by Melbourne’s CreativeMass, and is a digital advisor practice management, customer relationship management and compliance system, GBST said.
Intapp to Acquire Paragon – Read More
Intapp (NASDAQ: INTA), a leading provider of cloud software for the global professional and financial services industry, announces that it has acquired Paragon Data Labs (Paragon), a leading cloud-based employee compliance software solution provider. The employee compliance solution addresses regulatory compliance by leveraging advanced technology to monitor, identify, and manage employee adherence to firm policies in a centralized location.
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