Company acquisitions in the Project Management 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 8 acquisitions that took place in the Project Management industry.
Sharktower AI acquired by MyProteus (Proteus)
Details about the transaction:
Acquisition amount: $13,600,000
Announcement: February 21 2022
Details about the company:
Edinburgh‑based intelligent change delivery platform providing AI‑driven project management and predictive analytics.
Headquarter:
Where to find them: Website
Industry: Project Management, Artificial Intelligence, SaaS, Software
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
Chint Science and Technology Innovation Park acquired by Chint Electrics
Details about the transaction:
Acquisition amount: $36,079,891
Announcement: 22 December 2022
Details about the company:
Science and technology innovation and entrepreneurship parks are developed by CSTIP.
Headquarter:
Where to find them: Website
Industry: Advanced Materials, Corporate Training, Project Management
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
Compass Computer Consultants acquired by Advanced
Details about the transaction:
Acquisition amount: $19,614,209
Announcement: 3 February 2014
Details about the company:
Bespoke software is designed and implemented by Compass Computer Consultants Ltd.
Headquarter:
Where to find them: Website
Industry: Apps, Project Management, Software
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
Excite IT acquired by CipherPoint
Details about the transaction:
Acquisition amount: $3,250,000
Announcement: 28 July 2022
Details about the company:
Excite IT is a provider of cloud-based project management solutions in the information technology industry.
Headquarter:
Where to find them: Website
Industry: Information Technology, Project Management, Software
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
Karl Etzel GmbH acquired by ABC Technologies
Details about the transaction:
Acquisition amount: $95,000,000
Announcement: 21 January 2022
Details about the company:
An innovative and prosperous medium-sized business, Karl Etzel GmbH specializes in plastic injection molding.
Headquarter:
Where to find them: Website
Industry: Automotive, Manufacturing, Project Management
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
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Mail Manager acquired by Ideagen
Details about the transaction:
Acquisition amount: $35,725,788
Announcement: 9 February 2022
Details about the company:
The Outlook tool called Mail Manager was created to help project-based enterprises get rid of their email management problems.
Headquarter:
Where to find them: Website
Industry: Information Technology, Project Management, Software
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
Sharktower AI acquired by MyProteus
Details about the transaction:
Acquisition amount: $13,591,148
Announcement: 20 February 2022
Details about the company:
With our AI project management platform, Sharktower AI hopes to revolutionize how organizations implement change.
Headquarter:
Where to find them: Website
Industry: Artificial Intelligence, Machine Learning, Project Management, SaaS, Software
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
Syntell acquired by CAG Group
Details about the transaction:
Acquisition amount: $6,875,709
Announcement: 14 June 2022
Details about the company:
Through organizational growth, training, and project support from knowledgeable consultants, Syntell assures a long-term benefit.
Headquarter:
Where to find them: Website
Industry: Management Consulting, Project Management, Training
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
Young Group of Companies acquired by Vertex Resource Group
Details about the transaction:
Acquisition amount: $13,800,000
Announcement: 30 September 2022
Details about the company:
Tank services, trash management, project management, consultancy, and other industries are among those in which the Young Group of Companies works.
Headquarter:
Where to find them: Website
Industry: Consulting, Project Management, Service Industry, Waste Management
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website











