M&A Deal Summary

Advanced Acquires CloudTrade

On October 18, 2021, Advanced acquired software company CloudTrade from Calculus Capital

Acquisition Highlights
  • This is Advanced’s 8th transaction in the Software sector.
  • This is Advanced’s 9th transaction in the United Kingdom.

M&A Deal Summary
Date 2021-10-18
Target CloudTrade
Sector Software
Buyer(s) Advanced
Sellers(s) Calculus Capital
Deal Type Add-on Acquisition

Target

CloudTrade

London, United Kingdom
website
CloudTrade is a software company, that develops cloud-based electronic invoice processing technology. CloudTrade enables companies to automatically process electronic documents such as invoices and sales orders received by email. CloudTrade was founded in 2010 and is based in London, United Kingdom.

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Buyer(S) 1

Buyer

Advanced

Datchet, United Kingdom

website

Category Company
Sector Software
DESCRIPTION

Advanced is a provider of software and IT services to the public, private, and not-for-profit sectors which enable organizations to improve efficiency, reduce costs and drive growth. Advanced Computer Software Group is based in Datchet, England.

DEAL STATS #
Overall 12 of 12
Sector (Software) 8 of 8
Type (Add-on Acquisition) 10 of 10
Country (United Kingdom) 9 of 9
Year (2021) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-10-16 Mitrefinch

York, United Kingdom

Mitrefinch Ltd. is a developer of human capital management (HCM) software. Mitrefinch provides user-friendly, cutting-edge products across integrated time and attendance, payroll, HR, and access control with sophisticated analytic capability.

Buy -

Seller(S) 1

SELLER

Calculus Capital

Investor Investor Investor Investor Investor

website

Category Private Equity Firm
Founded 1999
Size Small
Type Sector Agnostic
DESCRIPTION

Calculus Capital is a UK-based investment group focused on fast-growth companies. Calculus Capital is sector agnostic and looks to commit £2 to £5 million per investment. Calculus Capital is based in London.

DEAL STATS #
Overall 10 of 11
Sector (Software) 1 of 2
Type (Add-on Acquisition) 7 of 8
Country (United Kingdom) 10 of 10
Year (2021) 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-27 Essentia Analytics

London, United Kingdom

Essentia Analytics is a provider of behavioral analytics and consulting services that utilize a cutting-edge cloud-based platform to bring together historical data and behavioral science to identify and address biases in thinking that impact investment performance. Essentia Analytics is based in London, United Kingdom.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-30 Destiny Pharma

Brighton, United Kingdom

Destiny Pharma is a clinical phase biotechnology company dedicated to the development of novel anti-infectives with a focus on infection prevention. Destiny Pharma was founded in 1996 and is based in Brighton, United Kingdom.

Buy -
Mergr

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