9 Acquisitions in the Project Management industry - Flippa

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

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

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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