{"id":32411,"date":"2024-08-08T19:42:19","date_gmt":"2024-08-08T09:42:19","guid":{"rendered":"https:\/\/flippa.com\/blog\/?p=32411"},"modified":"2024-08-08T19:42:19","modified_gmt":"2024-08-08T09:42:19","slug":"vela-software-acquisitions","status":"publish","type":"post","link":"https:\/\/flippa.com\/blog\/vela-software-acquisitions\/","title":{"rendered":"Acquirer Profile: 9 Vela Software acquisitions"},"content":{"rendered":"<p id=\"\">Acquisitions are well known to be a growth catalyst for businesses within a highly competitive market. For many firms and institutions, acquisitions are sometimes the only hope for survival in a competitive landscape.<\/p>\n<p id=\"\">Within the digital economy today, firms within the same industry are looking to beat the competition by gaining access to new disruptive technologies through acquisitions. <a id=\"\" href=\"https:\/\/velasoftwaregroup.com\/\" target=\"_blank\" rel=\"noopener\">Vela Software<\/a> is one of many M&amp;A firms helping SaaS businesses gain competitive advantage through acquisitions.<\/p>\n<p id=\"\">Vela Software is a family of enterprise software companies focused on acquiring, managing and building world-class businesses. At Vela, they leave acquired businesses as decentralized stand-alone entities and provide vertical market software expertise to help them attain organic growth. Here is a curated list of companies acquired and managed by Vela Software Group.<\/p>\n<p id=\"\">As one of many promising acquisition firms, Vela Software has acquired 9 companies, including 8 in the last 5 years. So we curated a list of SaaS companies acquired by Vela software below.<\/p>\n<p id=\"\">\u200d<\/p>\n<p id=\"\">\u200d<\/p>\n<h2 id=\"\">1. Foresiight<\/h2>\n<p id=\"\">\u200d<\/p>\n<figure class=\"w-richtext-figure-type-image w-richtext-align-normal\" data-rt-type=\"image\" data-rt-align=\"normal\">\n<div><img decoding=\"async\" src=\"https:\/\/uploads-ssl.webflow.com\/60f0b6ddb65c936961ad8085\/63b5896dee13282daff19e89_foresiight.png\" \/><\/div>\n<\/figure>\n<p id=\"\">Acqusition amount: Not disclosed<\/p>\n<p id=\"\">Acquired: 2020-02-28<\/p>\n<p id=\"\">Headquarters: Qadima, HaMerkaz, Israel<\/p>\n<p id=\"\">Industry: Enterprise Applications, Software<\/p>\n<p id=\"\">What they do: <a id=\"\" href=\"https:\/\/www.foresiight.com.au\/\" target=\"_blank\" rel=\"noopener\">Foresiight<\/a> is a company that develops, implements and supports businesses with all-in-one business management software.<\/p>\n<p id=\"\">\u200d<\/p>\n<p>\u200d<\/p>\n<h2 id=\"\">2. Coreworx<\/h2>\n<p id=\"\">\u200d<\/p>\n<figure class=\"w-richtext-figure-type-image w-richtext-align-normal\" style=\"max-width: 300px;\" data-rt-type=\"image\" data-rt-align=\"normal\" data-rt-max-width=\"300px\">\n<div><img decoding=\"async\" src=\"https:\/\/uploads-ssl.webflow.com\/60f0b6ddb65c936961ad8085\/63b5897c3b12155c74473bc8_coreworx.png\" \/><\/div>\n<\/figure>\n<p>\u200d<\/p>\n<p id=\"\">Acquisition amount: Not disclosed<\/p>\n<p id=\"\">Acquired: 2018-10-01<\/p>\n<p id=\"\">Headquarters: Kitchener, Ontario, Canada<\/p>\n<p id=\"\">Industry: Cloud Computing, Enterprise Software, Software<\/p>\n<p id=\"\">What they do: <a id=\"\" href=\"http:\/\/coreworx.com\" target=\"_blank\" rel=\"noopener\">Coreworx<\/a>, a web-based enterprise software system, enables EPCs and owner-operators to automate best practices and improve performance.<\/p>\n<p id=\"\">\u200d<\/p>\n<p>\u200d<\/p>\n<h2 id=\"\">3. Escriba<\/h2>\n<p id=\"\">\u200d<\/p>\n<figure class=\"w-richtext-figure-type-image w-richtext-align-normal\" data-rt-type=\"image\" data-rt-align=\"normal\">\n<div><img decoding=\"async\" src=\"https:\/\/uploads-ssl.webflow.com\/60f0b6ddb65c936961ad8085\/63b589907225de2ad2c74081_escriba.png\" \/><\/div>\n<\/figure>\n<p id=\"\">Acquisition amount: Not disclosed<\/p>\n<p id=\"\">Acquired: 2021-09-29<\/p>\n<p id=\"\">Headquarters: Curitiba, Parana, Brazil<\/p>\n<p id=\"\">Industry: Information Services, Information Technology<\/p>\n<p id=\"\">What they do: <a id=\"\" href=\"https:\/\/escriba.com.br\" target=\"_blank\" rel=\"noopener\">Escriba<\/a> is an Information Technology Company that developing solutions for Notarial and Registrar areas.<\/p>\n<p id=\"\">\u200d<\/p>\n<p>\u200d<\/p>\n<h2 id=\"\">4. Navarik<\/h2>\n<p id=\"\">\u200d<\/p>\n<figure class=\"w-richtext-figure-type-image w-richtext-align-normal\" data-rt-type=\"image\" data-rt-align=\"normal\">\n<div><img decoding=\"async\" src=\"https:\/\/uploads-ssl.webflow.com\/60f0b6ddb65c936961ad8085\/63b5899cef5960687e44c60f_Navarik.png\" \/><\/div>\n<\/figure>\n<p id=\"\">Acquisition amount: Not disclosed<\/p>\n<p id=\"\">Acquired: 2020-09-04<\/p>\n<p id=\"\">Headquarters: Vancouver, British Columbia, Canada<\/p>\n<p id=\"\">Industry: Information Technology, Insurance, Software, Supply Chain Management, Trading Platform<\/p>\n<p id=\"\">What they do: <a id=\"\" href=\"https:\/\/www.navarik.com\" target=\"_blank\" rel=\"noopener\">Navarik<\/a> is a software service provider to the petroleum supply and trading industry.<\/p>\n<h2 id=\"\">5. Kurier<\/h2>\n<p id=\"\">\u200d<\/p>\n<figure id=\"\" class=\"w-richtext-figure-type-image w-richtext-align-normal\" style=\"max-width: 300px;\" data-rt-type=\"image\" data-rt-align=\"normal\" data-rt-max-width=\"300px\">\n<div id=\"\"><img decoding=\"async\" id=\"\" src=\"https:\/\/uploads-ssl.webflow.com\/60f0b6ddb65c936961ad8085\/63b589ab0779740407113495_Logotipo-Kurier-2016-PNG.png\" width=\"auto\" height=\"auto\" \/><\/div>\n<\/figure>\n<p id=\"\">\u200d<\/p>\n<p id=\"\">Acquisition amount: Not disclosed<\/p>\n<p id=\"\">Acquired: 2020-04-13<\/p>\n<p id=\"\">Headquarters: Recife, Bahia, Brazil<\/p>\n<p id=\"\">Industry: Analytics, Legal, Legal Tech, Software<\/p>\n<p id=\"\">What they do: <a id=\"\" href=\"https:\/\/kuriertecnologia.com.br\/\" target=\"_blank\" rel=\"noopener\">Kurier<\/a> offers a data analytics platform so legal firms can monitor all the happenings going on within the Brazilian justice system.<\/p>\n<p id=\"\">\u200d<\/p>\n<p id=\"\">\u200d<\/p>\n<h2 id=\"\">6. Tecplot<\/h2>\n<p id=\"\">\u200d<\/p>\n<figure id=\"\" class=\"w-richtext-figure-type-image w-richtext-align-normal\" style=\"max-width: 300px;\" data-rt-type=\"image\" data-rt-align=\"normal\" data-rt-max-width=\"300px\">\n<div id=\"\"><img decoding=\"async\" id=\"\" src=\"https:\/\/uploads-ssl.webflow.com\/60f0b6ddb65c936961ad8085\/63b589bf8e3bf10351948045_TECPLOT-logo.png\" width=\"auto\" height=\"auto\" \/><\/div>\n<\/figure>\n<p id=\"\">\u200d<\/p>\n<p id=\"\">Acquisition amount: Not disclosed<\/p>\n<p id=\"\">Acquired: 2016-05-16<\/p>\n<p id=\"\">Headquarters: Bellevue, Washington, United States<\/p>\n<p id=\"\">Industry: Computer, Software<\/p>\n<p id=\"\">What they do: <a id=\"\" href=\"http:\/\/www.tecplot.com\/\" target=\"_blank\" rel=\"noopener\">Tecplot<\/a> is a provider of visual data analysis.<\/p>\n<p id=\"\">\u200d<\/p>\n<p id=\"\">\u200d<\/p>\n<h2 id=\"\">7. Atex<\/h2>\n<p id=\"\">\u200d<\/p>\n<figure id=\"\" class=\"w-richtext-figure-type-image w-richtext-align-normal\" data-rt-type=\"image\" data-rt-align=\"normal\">\n<div id=\"\"><img decoding=\"async\" id=\"\" src=\"https:\/\/uploads-ssl.webflow.com\/60f0b6ddb65c936961ad8085\/63b589d18f521e4e56f46f2b_atex.png\" width=\"auto\" height=\"auto\" \/><\/div>\n<\/figure>\n<p id=\"\">Acquisition amount: Not disclosed<\/p>\n<p id=\"\">Acquired: 2017-09-06<\/p>\n<p id=\"\">Headquarters: Reading, Reading, United Kingdom<\/p>\n<p id=\"\">Industry: CMS, Content, Information Technology, Publishing, Software<\/p>\n<p id=\"\">What they do: <a id=\"\" href=\"http:\/\/atex.com\" target=\"_blank\" rel=\"noopener\">Atex<\/a> is the media industry&#8217;s leading supplier of software systems and services. With a 37-year track record of continuous innovation and a<\/p>\n<p id=\"\">\u200d<\/p>\n<p id=\"\">\u200d<\/p>\n<h2 id=\"\">8. Geovariances<\/h2>\n<p id=\"\">\u200d<\/p>\n<figure id=\"\" class=\"w-richtext-figure-type-image w-richtext-align-normal\" style=\"max-width: 300px;\" data-rt-type=\"image\" data-rt-align=\"normal\" data-rt-max-width=\"300px\">\n<div id=\"\"><img decoding=\"async\" id=\"\" src=\"https:\/\/uploads-ssl.webflow.com\/60f0b6ddb65c936961ad8085\/63b589ddceade9e48fcc66a1_geovariances_logo.png\" width=\"auto\" height=\"auto\" \/><\/div>\n<\/figure>\n<p id=\"\">\u200d<\/p>\n<p id=\"\">Acquisition amount: Not disclosed<\/p>\n<p id=\"\">Acquired: 2022-06-02<\/p>\n<p id=\"\">Headquarters: Fontainebleau, Ile-de-France, France<\/p>\n<p id=\"\">Industry: Information Technology, Software<\/p>\n<p id=\"\">What they do: <a id=\"\" href=\"http:\/\/www.geovariances.com\" target=\"_blank\" rel=\"noopener\">Geovariances<\/a> is a software company provides geostatistics solutions for mining, oil and gas and also the environmental field.<\/p>\n<p id=\"\">\u200d<\/p>\n<p id=\"\">\u200d<\/p>\n<h2 id=\"\">9. Petrosys<\/h2>\n<p id=\"\">\u200d<\/p>\n<figure id=\"\" class=\"w-richtext-figure-type-image w-richtext-align-normal\" style=\"max-width: 300px;\" data-rt-type=\"image\" data-rt-align=\"normal\" data-rt-max-width=\"300px\">\n<div id=\"\"><img decoding=\"async\" id=\"\" src=\"https:\/\/uploads-ssl.webflow.com\/60f0b6ddb65c936961ad8085\/63b589f160387e03bdefb340_Petrosys.png\" width=\"auto\" height=\"auto\" \/><\/div>\n<\/figure>\n<p id=\"\">\u200d<\/p>\n<p id=\"\">Acquisition amount: Not disclosed<\/p>\n<p id=\"\">Acquired: 2017-07-19<\/p>\n<p id=\"\">Headquarters: Adelaide, South Australia, Australia<\/p>\n<p id=\"\">Industry: Energy, Oil and Gas<\/p>\n<p id=\"\">What they do: <a id=\"\" href=\"http:\/\/www.petrosys.com.au\/\" target=\"_blank\" rel=\"noopener\">Petrosys<\/a> is an oil and gas technology company.<\/p>\n<p id=\"\">\u200d<\/p>\n<p id=\"\">\u200d<\/p>\n<h3 id=\"\">Conclusion<\/h3>\n<p id=\"\">Vela Software is a global provider of software solutions to a number of vertical industries and a well-known acquirer of world-class software businesses. With a few acquisitions attached to its profile, Vela software is one of many acquiring firms to look out for in 2023.<\/p>\n<p id=\"\">This concludes our list of acquisitions made by Vela Software.<\/p>\n<p id=\"\">Want to learn more about <a id=\"\" href=\"https:\/\/www.flippa.com\/blog\/constellation-software-acquisitions\">Constellation Software&#8217;s<\/a> subsidiaries?\u00a0Check out our deep dives on <a href=\"https:\/\/www.flippa.com\/blog\/harris-acquisitions\">Harris<\/a>, <a id=\"\" href=\"https:\/\/www.flippa.com\/blog\/volaris-group-acquisitions\">Volaris<\/a> and <a id=\"\" href=\"https:\/\/www.flippa.com\/blog\/jonas-software-acquisitions\">Jonas Software<\/a>. Or <a href=\"https:\/\/www.flippa.com\/blog\/valsoft-corporation-acquisitions\">Valsoft<\/a>, their competitor.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Acquisitions are well known to be a growth catalyst for businesses within a highly competitive market. For many firms and institutions, acquisitions are sometimes the only hope for survival in a competitive landscape. Within the digital economy today, firms within the same industry are looking to beat the competition by gaining access to new disruptive [&hellip;]<\/p>\n","protected":false},"author":145,"featured_media":32589,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","content-type":"","inline_featured_image":false,"footnotes":""},"categories":[568],"tags":[],"dipi_cpt_category":[],"acf":[],"_links":{"self":[{"href":"https:\/\/flippa.com\/blog\/wp-json\/wp\/v2\/posts\/32411"}],"collection":[{"href":"https:\/\/flippa.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/flippa.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/flippa.com\/blog\/wp-json\/wp\/v2\/users\/145"}],"replies":[{"embeddable":true,"href":"https:\/\/flippa.com\/blog\/wp-json\/wp\/v2\/comments?post=32411"}],"version-history":[{"count":1,"href":"https:\/\/flippa.com\/blog\/wp-json\/wp\/v2\/posts\/32411\/revisions"}],"predecessor-version":[{"id":32590,"href":"https:\/\/flippa.com\/blog\/wp-json\/wp\/v2\/posts\/32411\/revisions\/32590"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/flippa.com\/blog\/wp-json\/wp\/v2\/media\/32589"}],"wp:attachment":[{"href":"https:\/\/flippa.com\/blog\/wp-json\/wp\/v2\/media?parent=32411"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/flippa.com\/blog\/wp-json\/wp\/v2\/categories?post=32411"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/flippa.com\/blog\/wp-json\/wp\/v2\/tags?post=32411"},{"taxonomy":"dipi_cpt_category","embeddable":true,"href":"https:\/\/flippa.com\/blog\/wp-json\/wp\/v2\/dipi_cpt_category?post=32411"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}