Company acquisitions in the Professional Services 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 20 acquisitions that took place in the Professional Services industry.
Avacta Animal Health acquired by Nextmune
Details about the transaction:
Acquisition amount: $3,000,190
Announcement: 15 March 2022
Details about the company:
Avacta Animal Health offers veterinary laboratory services, diagnostic tests for surgeons' operating rooms, and laboratories on animal allergies.
Headquarter:
Where to find them: Website
Industry: Biotechnology, Health Care, Medical, Professional Services, Veterinary
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
Compass Water Solutions acquired by CECO Environmental Corp
Details about the transaction:
Acquisition amount: $12,500,000
Announcement: 10 May 2022
Details about the company:
Bilge design and layout, installation oversight, start-up and commissioning services, and onboard repair are all offered by Compass Water Solutions.
Headquarter:
Where to find them: Website
Industry: Consulting, Facilities Support Services, Professional Services
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
Corpository acquired by Yubi
Details about the transaction:
Acquisition amount: $13,021,800
Announcement: 26 April 2022
Details about the company:
Users of the Corpository web platform may access information and keep tabs on directors and corporations.
Headquarter:
Where to find them: Website
Industry: Information Services, Online Portals, Professional Services
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
Corebi acquired by NowVertical Group
Details about the transaction:
Acquisition amount: $8,000,000
Announcement: 12 January 2022
Details about the company:
Data governance, data architecture, data visualization, and data science are all services provided by Corebi, a data and analytics firm.
Headquarter:
Where to find them: Website
Industry: Analytics, Data Visualization, Information Technology, Professional Services
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
Connesi acquired by DHH
Details about the transaction:
Acquisition amount: $5,605,661
Announcement: 28 July 2022
Details about the company:
Customers of Connesi can access the internet through wireless, fiber optic, and xDSL.
Headquarter:
Where to find them: Website
Industry: Internet of Things, Professional Services, Wireless
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
Dawson Van Orden acquired by urban-gro, Inc.
Details about the transaction:
Acquisition amount: $7,250,000
Announcement: 13 October 2022
Details about the company:
An engineering company called Dawson Van Orden provides structural, civil, electrical, and MEP engineering services.
Headquarter:
Where to find them: Website
Industry: Civil Engineering, Mechanical Engineering, Professional Services
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
Enhancers acquired by Warrant Hub
Details about the transaction:
Acquisition amount: $17,986,695
Announcement: 15 March 2022
Details about the company:
Enhancers is an IT company that creates human-centered IoT solutions and digital ecosystems.
Headquarter:
Where to find them: Website
Industry: IT Management, Professional Services, Software
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
GuildLink acquired by MedAdvisor
Details about the transaction:
Acquisition amount: $6,348,254
Announcement: 26 July 2022
Details about the company:
Healthcare industry software solutions and professional programs are GuildLink's area of expertise.
Headquarter:
Where to find them: Website
Industry: Consulting, Health Care, Pharmaceutical, Professional Services, Software
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
Gurus Solutions acquired by Alan Allman Associates
Details about the transaction:
Acquisition amount: $1,574,006
Announcement: 8 February 2022
Details about the company:
Gurus Solutions has 15 years of expertise helping organizations expand up using cloud technology and has been a 5-star NetSuite ERP & Dell Boomi partner for 9 years.
Headquarter:
Where to find them: Website
Industry: Cloud Computing, Consulting, Enterprise Resource Planning (ERP), Information Technology, Professional Services, SaaS, Software
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
HyperPointe acquired by XpresSpa Group
Details about the transaction:
Acquisition amount: $5,500,000
Announcement: 10 January 2022
Details about the company:
A customer experience management software called HyperPointe fosters relationships, builds better businesses, and brings campaigns to life.
Headquarter:
Where to find them: Website
Industry: Advertising, Marketing, Professional Services
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
Innomate acquired by 24SevenOffice
Details about the transaction:
Acquisition amount: $2,022,018
Announcement: 28 January 2022
Details about the company:
Web-based HR solutions are created and implemented by Innomate to assist businesses in streamlining and upgrading their HR procedures.
Headquarter:
Where to find them: Website
Industry: Human Resources, Professional Services, Software, Web Development
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
Intake acquired by IDP Education
Details about the transaction:
Acquisition amount: $55,567,086
Announcement: 20 September 2022
Details about the company:
An education consulting company called Intake provides services including applications, counseling, student housing, and studying abroad.
Headquarter:
Where to find them: Website
Industry: Advice, Education, Professional Services
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
Langleys Solicitors acquired by Knights Plc
Details about the transaction:
Acquisition amount: $15,461,686
Announcement: 31 January 2022
Details about the company:
A unique sort of law practice, Langleys offers a variety of excellent, competent legal services.
Headquarter:
Where to find them: Website
Industry: Consulting, Law Enforcement, Legal, Professional Services
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
Newoldstamp acquired by Black Pearl
Details about the transaction:
Acquisition amount: $3,035,223
Announcement: 25 November 2022
Details about the company:
An email signature marketing platform called Newoldstamp converts users' emails into effective marketing tools.
Headquarter:
Where to find them: Website
Industry: Digital Marketing, Email, Email Marketing, Professional Services
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
Omuni (Arvind Internet) acquired by Shiprocket
Details about the transaction:
Acquisition amount: $25,045,037
Announcement: 19 July 2022
Details about the company:
Omuni offers cutting-edge and simple-to-integrate omnichannel solutions for physical businesses, online marketplaces, social media platforms, and blogs.
Headquarter:
Where to find them: Website
Industry: E-Commerce, Professional Services, Retail
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
Parseport acquired by Workiva
Details about the transaction:
Acquisition amount: $100,000,000
Announcement: 1 April 2022
Details about the company:
Using XBRL services, ParsePort provides yearly and tax reporting services.
Headquarter:
Where to find them: Website
Industry: Database, Financial Services, Professional Services, Software
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
Promotion Activators acquired by Votigo
Details about the transaction:
Acquisition amount: $1,650,000
Announcement: 1 April 2022
Details about the company:
Promotion Activators offers specialized services such idea assessment, establishment of official norms, surety bonds, and legal services.
Headquarter:
Where to find them: Website
Industry: Marketing, Professional Services, Web Development
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
Skogheim Profil & Yrkesklær acquired by Ahlsell
Details about the transaction:
Acquisition amount: $3,253,930
Announcement: 3 March 2022
Details about the company:
Skogheim Profil & Yrkesklær is a well-known operator in Østfold with a wide range of high-quality work wear.
Headquarter:
Where to find them: Website
Industry: Professional Services
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
Terri Jie acquired by KWG Living
Details about the transaction:
Acquisition amount: $25,886,414
Announcement: 11 January 2022
Details about the company:
Terri Jie offers services for managing municipal garbage and providing city sanitation.
Headquarter:
Where to find them: Website
Industry: CleanTech, Professional Services, Waste Management, Water Purification
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
Texan Bank acquired by Home Bancorp
Details about the transaction:
Acquisition amount: $66,500,000
Announcement: 15 December 2021
Details about the company:
Texan Bank is a full-service commercial bank run by residents of the Houston region that has a warm local atmosphere.
Headquarter:
Where to find them: Website
Industry: Customer Service, Professional Services, Public Relations
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
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