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Weekly M&A Report – November 21st, 2022


GrowthPoint Technology Partners provides weekly summary and outlook on last week’s technology M&A deal activity:

  • 66 deals announced
  • 1.9x median multiple, from a limited amount of revenue multiples announced
  • $592.3B total deal value year to date in technology M&A activity

Notable deals in technology M&A include:

Bending Spoons to Acquire EvernoteRead More

Evernote, the note-taking and task management app founded over 20 years ago, has been acquired by Milan-based app developer Bending Spoons. In a post on Evernote’s newsroom, Evernote CEO Ian Small said that Bending Spoons will take ownership of Evernote in a transaction expected to close in early 2023.

PTC to Acquire ServiceMax Read More

PTC has signed a definitive agreement to acquire ServiceMax. ServiceMax is a recognized leader in cloud-native, product-centric field service management (FSM) software. The acquisition is expected to strengthen PTC’s closed-loop product lifecycle management (PLM) offerings by extending the digital thread of product information into downstream enterprise asset management (EAM) and FSM capabilities.

Ignite Tech to Acquire AnswerHubRead More

IgniteTech, the company “Where Software Goes to Live™,” today announced the asset acquisition of AnswerHub, Inc., a powerful knowledge management platform built to capture, curate, and distribute the expertise of developers and technical teams.

Download the full report below: