Startups have been the driving force for innovation in global digital economies. But for innovation to be sustainable, startups require significant investments from investors and industry stakeholders. One of many ways to make investments in startups is through mergers and acquisitions.
Investors and key industry players seek access to new technologies, markets and innovative processes by acquiring startups from their founders or parent company. Harris is one of many prominent industry players acquiring startups within the digital landscape.
Harris is a leading specialist in creating vertical market software and acquiring SaaS businesses to grow and expand their portfolio.
While Harris is open to discussing any opportunity with sellers or owners, their preferred businesses have the following characteristics: Diversified Customer Base, Low Customer Attrition, Leading or Increasing Market Share, Mission Critical Enterprise Software Solutions, Fragmented Competition, and Potential to grow through Geographic Expansion, Product Expansion, & Acquisition.
Over the years, Harris has made over 170+ acquisitions including 52 in the last 5 years, while operating in more than 25 vertical markets across different regions.
In 2022 Harris made its largest acquisition to date when it acquired Allscripts Healthcare – Hospitals & Large Physician Practices for $700M.
As one of many major acquiring firms in the world, we decided to curate a list of acquisitions made by Harris software in recent times.
1. Iatric Systems
Acquisition amount: Not disclosed
Acquired: 2018-08-28
Headquarters: Daytona Beach, Florida, United States
Industry: Hardware, Health Care, IT Infrastructure, Software
What they do: Iatric Systems helps healthcare providers succeed by delivering the most comprehensive healthcare IT integration.
2. OneFile
Acquisition amount: Not disclosed
Acquired: 2021-11-01
Headquarters: Manchester, Manchester, United Kingdom
Industry: Software
What they do: OneFile are developers of the UK’s most loved and most used e-portfolio software.
3. SIV.AG
Acquisition amount: Not disclosed
Acquired: 2016-02-10
Headquarters: Roggentin, Mecklenburg-Vorpommern, Germany
Industry: Information Technology, Renewable Energy, Software
What they do: SIV.AG has been one of the leading solution providers for energy and water distribution companies for more than 20 years.
4. Picis
Acquisition amount: Not disclosed
Acquired: 2015-05-20
Headquarters: Wakefield, Massachusetts, United States
Industry: Computer, Internet, Software
What they do: Picis, is a developer of software and Internet-based perioperative and critical care information systems.
5. Globys
Acquisition amount: Not disclosed
Acquired: 2021-11-05
Headquarters: Seattle, Washington, United States
Industry: B2B, Billing, FinTech, Payments
What they do: Globys is an invoice-to-cash platform that accelerates cash flow, reduces OPEX, and increase customer satisfaction.
6. mquadr.at software engineering & consulting
Acquisition amount: Not disclosed
Acquired: 2019-10-01
Headquarters: Vienna, Wien, Austria
Industry: Software
What they do: mquadr.at software engineering & consulting is a software company for digital self-service solutions in telecommunications.
7. Aclara – Consumer Analytics Solutions business
Acquisition amount: Not disclosed
Acquired: 2021-06-10
Headquarters: St Louis, Missouri, United States
Industry: Analytics, Consumer, Information Services
What they do: Consumer Analytics Solutions business provides insights matched to the unique expectations and requirements of consumers.
8. Eagle Advantage Solutions
Acquisition amount: Not disclosed
Acquired: 2021-01-19
Headquarters: Carrollton, Georgia, United States
Industry: Computer, Software
What they do: Eagle Advantage Solutions is a provider of public safety software.
9. Ormed Information Systems
Acquisition amount: Not disclosed
Acquired: 2016-09-29
Headquarters: Herndon, Virginia, United States
Industry: E-Commerce, Health Care, Information Technology
What they do: Ormed is a leader in the advancement of fully integrated and e-commerce enabled management information systems
10. Magor Communications
Acquisition amount: $2,750,000
Acquired: 2017-06-28
Headquarters: Ottawa, Ontario, Canada
Industry: Collaboration, Software, Telecommunications, Video
What they do: Magor Communications is a software company providing solutions in video technology.
11. digichart
Acquisition amount: Not disclosed
Acquired: 2016-08-16
Headquarters: Brentwood, Tennessee, United States
Industry: Health Care, Information Services
What they do: digichart provides electronic medical records (EMR) and practice management solutions for physicians.
12. Genial Genetics
Acquisition amount: Not disclosed
Acquired: 2020-11-13
Headquarters: Chester, Cheshire, United Kingdom
Industry: Customer Service, Health Care, Pharmaceutical
What they do: Genial Geneticsis a health care equipment & services company.
13. System Innovators
Acquisition amount: Not disclosed
Acquired: 2008-04-04
Headquarters: Jacksonville, Florida, United States
Industry: Software
What they do: System Innovators Centralized Cashiering, POS Software and Enterprise Revenue Management solutions
14. Cogsdale
Acquisition amount: Not disclosed
Acquired: 2010-10-01
Headquarters: Charlottetown, Prince Edward Island, Canada
Industry: Asset Management, Enterprise Resource Planning (ERP), Enterprise Software, Software
What they do: Cogsdale provides fully integrated solutions by leveraging the knowledge of their customers.
15. Collain Healthcare
Acquisition amount: Not disclosed
Acquired: 2019-02-20
Headquarters: Georgetown, Texas, United States
Industry: Health Care, Information Technology
What they do: Collain Healthcare is an EHR and virtual care vendor for the long-term and post-acute care market.
16. Clinix Medical Information Systems
Acquisition amount: Not disclosed
Acquired: 2017-10-20
Headquarters: Brentwood, Tennessee, United States
Industry: Information Technology, Software
What they do: Clinix Medical Information Systems provides practice management solutions to billing companies and medical practices in the United States.
17. Clinical Computer Systems
Acquisition amount: Not disclosed
Acquired: 2012-01-06
Headquarters: Hoffman Estates, Illinois, United States
Industry: Health Care, Information Services, Information Technology, Software
What they do: Clinical Computer Systems is an information technology company that provides electronic fatal surveillance services.
18. BobCAD CAM
Acquisition amount: Not disclosed
Acquired: 2019-11-06
Headquarters: Clearwater, Florida, United States
Industry: 3D Printing, 3D Technology, CAD, Manufacturing, Software
What they do: BobCAD-CAM develops advanced CAD-CAM solutions that allow anyone, regardless of experience level, to manufacture parts.
19. Jobillico
Acquisition amount: Not disclosed
Acquired: 2021-08-12
Headquarters: Quebec, Quebec, Canada
Industry: Enterprise Software, Human Resources
What they do: Jobillico has more than 10,000 businesses and 2 million job seekers have chosen us, making us the largest Canadian job network.
20. Ingenious Med
Acquisition amount: Not disclosed
Acquired: 2021-06-29
Headquarters: Atlanta, Georgia, United States
Industry: Cloud Infrastructure, Health Care, Health Diagnostics, Management Information Systems, Medical, Software
What they do: Ingenious Med develops and delivers inpatient practice management information systems in the United States.
21. Global Software Corporation
Acquisition amount: Not disclosed
Acquired: 2009-02-01
Headquarters: Oklahoma City, Oklahoma, United States
Industry: Software
What they do: Global Software Corporation is a Law Enforcement Records Management
22. sds softwares
Acquisition amount: Not disclosed
Acquired: 2010-01-25
Headquarters: Birmingham, Birmingham, United Kingdom
Industry: Software, Web Design, Web Development
What they do: sds softwares is a U.K.-based company that offers web development, design, and internet marketing solutions to its users.
23. Copernic
Acquisition amount: Not disclosed
Acquired: 2010-11-04
Headquarters: Quebec, Quebec, Canada
Industry: Search Engine, Software
What they do: Copernic is an eb and desktop search technology
24. Superior School Supplies
Acquisition amount: Not disclosed
Acquired: 2008-12-16
Headquarters: Wichita, Kansas, United States
Industry: Software
What they do: Superior School Supplies is a developer of software
25. Tailored Business Systems
Acquisition amount: Not disclosed
Acquired: 2009-12-08
Headquarters: Statesboro, Georgia, United States
Industry: Government, Information Technology, Robotics, Software
What they do: Tailored Business Systems (TBS) specializes in highly functional, reliable and technologically advanced municipal management and tax
26. K2 Medical Systems
Acquisition amount: Not disclosed
Acquired: 2020-10-27
Headquarters: Plymouth, Plymouth, United Kingdom
Industry: Electronics, Health Care, Information Technology
What they do: K2 Medical Systems specialising in electronic fetal monitoring, decision support and electronic health records.
27. Syscon Justice Systems
Acquisition amount: Not disclosed
Acquired: 2017-10-26
Headquarters: Richmond, British Columbia, Canada
Industry: Public Safety, Risk Management, Software
What they do: Syscon Justice Systems offers offender management solutions for jails, offender financials, medical records and business intelligence.
28. Harris ERP
Acquisition amount: Not disclosed
Acquired: 2011-04-29
Headquarters: Broomfield, Colorado, United States
Industry: Enterprise Resource Planning (ERP), Enterprise Software, Software
What they do: Harris ERP provides Enterprise Resource Planning software to the public sector.
29. VisionTEK
Acquisition amount: Not disclosed
Acquired: 2011-05-31
Headquarters: Broomfield, Colorado, United States
Industry: Legal, Messaging, Mobile, Software
What they do: VisionTEK designs, develops, and delivers public safety software solutions.
30. PrognoCIS
Acquisition amount: Not disclosed
Acquired: 2021-03-08
Headquarters: San Jose, California, United States
Industry: Electronic Health Record (EHR), Health Care, Software
What they do: PrognoCIS is a Healthcare technology company.
31. i2 Group
Acquisition amount: Not disclosed
Acquired: 2022-01-04
Headquarters: Mclean, Virginia, United States
Industry: Information Services, Law Enforcement, Software
What they do: i2 group provides visual investigation analysis software for law enforcements, intelligences, militaries, and commercial organizations.
32. 2TeaM
Acquisition amount: Not disclosed
Acquired: 2022-03-08
Headquarters: Tel Aviv, Tel Aviv, Israel
Industry: Finance, Financial Services, InsurTech, Software
What they do: 2TeaM develop a variety of state-of-the-art software solutions which will be used in the insurance and financial market in Israel.
33. Groupe PG
Acquisition amount: Not disclosed
Acquired: 2022-03-10
Headquarters: Rimouski, Quebec, Canada
Industry: Information Technology, Software
What they do: Groupe PG develops software solutions designed for the forestry industry.
34. AixConcept
Acquisition amount: Not disclosed
Acquired: 2022-07-07
Headquarters: Stolberg, Nordrhein-Westfalen, Germany
Industry: Cloud Computing, IT Infrastructure, Training
What they do: AixConcept renders IT services like cloud computing, WAN, network administration, digital solutions, and offers IT training courses.
35. Agency Software
Acquisition amount: Not disclosed
Acquired: 2022-07-11
Headquarters: Hayden, Idaho, United States
Industry: Information Technology, Insurance, Software
What they do: Agency Software is an IT company that provides property and casualty insurance software.
36. Management Consultants and Technology Services
Acquisition amount: Not disclosed
Acquired: 2022-06-08
Headquarters: Caulfield, Victoria, Australia
Industry: Consulting, Information Technology, Management Consulting
What they do: Management Consultants and Technology Services are the brains behind Birthing Outcomes System (BOS).
37. VLN Partners
Acquisition amount: Not disclosed
Acquired: 2022-10-07
Headquarters: Pittsburgh, Pennsylvania, United States
Industry: Enterprise Software, Information Technology, Software, Technical Support
What they do: VLN Partners provides virtual academy solutions, technical support services, and creative services.
38. Cushing Systems
Acquisition amount: Not disclosed
Acquired: 2022-07-25
Headquarters: Cushing, Maine, United States
Industry: Software
What they do: Cushing Systems develops a full line of software solutions specifically for all Law Enforcement and countywide Public Safety agencies.
39. Rialtas Business Solutions
Acquisition amount: Not disclosed
Acquired: 2022-10-12
Headquarters: Swindon, Wiltshire, United Kingdom
Industry: Accounting, Finance, Software
What they do: Rialtas Business Solutions offers a comprehensive range of administration software for accounting and bookkeeping services.
40. NexJ Systems
Acquisition amount: $12,000,000
Acquired: 2022-08-29
Headquarters: Toronto, Ontario, Canada
Industry: CRM, Enterprise Software, Software, Wealth Management
What they do: NexJ Systems develops cloud-based software to provide CRM solutions for the financial services, insurance and healthcare industries.
41. Azur Soft
Acquisition amount: Not disclosed
Acquired: 2022-11-02
Headquarters: Nice, Provence-Alpes-Cote d’Azur, France
Industry: Software
What they do: Founded in 1986, Azur Soft company acts in Information Technology, system integration, software development and user training.
Conclusion
Harris Computer has a track record of successfully completing merger and acquisition deals, despite the legal complexities and time-consuming negotiations involved. The company has amassed a diverse portfolio of over 170 acquisitions in the SaaS sector, spanning 200+ different offices. This is a significant accomplishment.
Want to learn more about Constellation Software’s subsidiaries? Check out our deep dives on Vela Software, Volaris and Jonas Software. Or Valsoft, their competitor.
Recommended for you
Discover more from Flippa
Subscribe to our Blog
Get the latest blog posts, insight reports and news directly to your inbox every week.