12 Acquisitions in the CRM industry
Company acquisitions in the CRM industry always make headlines! Especially since related startups and technology companies have become very popular with private equity firms, strategic buyers and even family offices.
In this blog post, we are taking a closer look at 12 acquisitions that took place in the CRM industry.
CloudCME acquired by HealthStream
Details about the transaction:
Acquisition amount: $4,080,000
Announcement: 18 May 2022
Details about the company:
A mobile app called CloudCME offers continuing education while also serving as a CMS, ERP, and CRM platform.
Headquarter:
Where to find them: Website
Industry: Apps, CMS, CRM, E-Learning, Enterprise Resource Planning (ERP)
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
Craftware acquired by BlueSoft
Details about the transaction:
Acquisition amount: $30,274,591
Announcement: 7 December 2020
Details about the company:
CRM is used by Craftware, a software development firm, to support commercial services.
Headquarter:
Where to find them: Website
Industry: CRM, Information Technology, Software
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
e-bot7 acquired by LivePerson
Details about the transaction:
Acquisition amount: $53,100,000
Announcement: 20 July 2021
Details about the company:
A low-code Conversational AI platform from e-bot7 enables businesses to increase the effectiveness of customer care.
Headquarter:
Where to find them: Website
Industry: Artificial Intelligence, CRM, Machine Learning, Marketing Automation, SaaS, Sales Automation, Software, Virtual Assistant
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
Esavvy acquired by Empired
Details about the transaction:
Acquisition amount: $2,051,946
Announcement: 19 May 2014
Details about the company:
Enterprise resource planning, customer relationship management, and content management are the main areas that Esavvy provides solutions and services for.
Headquarter:
Where to find them: Website
Industry: Financial Services, Information Technology, Small and Medium Businesses, Social CRM
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
Helpshift acquired by Keywords Studios
Details about the transaction:
Acquisition amount: $75,000,000
Announcement: 5 December 2022
Details about the company:
A conversational customer care platform called Helpshift uses messaging-based communication, AI, and bots.
Headquarter:
Where to find them: Website
Industry: Artificial Intelligence, CRM, Customer Service, Internet, Mobile, SaaS
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
Making It Easy to Sell Online Businesses
Flippa provides owners and investors with the tools and expertise to sell.
400,000+ Weekly Active Buyers
15 In-house Brokers and 120 Broker Partners
Negotiate and Receive Offers Fast
Integrated Legal, Insurance and Payments
Lorex Technology acquired by FLIR Systems
Details about the transaction:
Acquisition amount: $60,000,000
Announcement: 20 December 2012
Details about the company:
For households and companies, Lorex Technology provides video monitoring and surveillance systems.
Headquarter:
Where to find them: Website
Industry: CRM, Information Technology, Security, Software, Video
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
Neura acquired by Otonomo
Details about the transaction:
Acquisition amount: $50,000,000
Announcement: 5 October 2021
Details about the company:
generating useful insights from anonymised data and activity signals to enable enterprises to make strategic decisions.
Headquarter:
Where to find them: Website
Industry: Artificial Intelligence, CRM, Internet of Things, Machine Learning, Marketing Automation, Mobile, Mobile Apps, Software
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
NexJ Systems acquired by Harris Computer Systems
Details about the transaction:
Acquisition amount: $12,000,000
Announcement: 29 August 2022
Details about the company:
To provide CRM solutions for the financial services, insurance, and healthcare sectors, NexJ Systems creates cloud-based software.
Headquarter:
Where to find them: Website
Industry: CRM, Enterprise Software, Software, Wealth Management
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
oddity acquired by WONGDOODY
Details about the transaction:
Acquisition amount: $55,146,856
Announcement: 22 March 2022
Details about the company:
Oddity is a digital communication and commerce firm with a focus on offering solutions for the digital ecosystem.
Headquarter:
Where to find them: Website
Industry: Content Marketing, CRM, E-Commerce, Internet, Social Media
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
PhoenixATS acquired by ReadyTech
Details about the transaction:
Acquisition amount: $2,435,726
Announcement: 17 March 2022
Details about the company:
PhoenixHRIS is a provider of online software for HR administration and recruiting.
Headquarter:
Where to find them: Website
Industry: CRM, Human Resources, Recruiting, Software
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
Making It Easy to Sell Online Businesses
Flippa provides owners and investors with the tools and expertise to sell.
400,000+ Weekly Active Buyers
15 In-house Brokers and 120 Broker Partners
Negotiate and Receive Offers Fast
Integrated Legal, Insurance and Payments
Praemium acquired by Morningstar
Details about the transaction:
Acquisition amount: $46,440,286
Announcement: 21 December 2021
Details about the company:
Praemium offers investing platforms, tools for managing and executing portfolios, CRM, and financial planning.
Headquarter:
Where to find them: Website
Industry: CRM, Financial Services
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
SalesVoodoo acquired by xRM Global
Details about the transaction:
Acquisition amount: $13,000,000
Announcement: 2 October 2009
Details about the company:
Enterprise customer relationship management platform as a service provided by EM Technologies.
Headquarter:
Where to find them: Website
Industry: CRM, Information Technology, SaaS, Sales
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
Ray is the VP of Sales at Flippa and has a passion for helping buyers find their dream digital asset, and helping sellers find a successful pathway to exit. Ray is motivated to create a more intuitive way to buy and sell online businesses, with success in managing multi-million dollar deals.
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