M&A Deal Summary

Convenient Brands Acquires ImEX Systems

On January 17, 2023, Convenient Brands acquired software company ImEX Systems

Acquisition Highlights
  • This is Convenient Brands’ 4th transaction in the Software sector.
  • This is Convenient Brands’ 1st transaction in Canada.
  • This is Convenient Brands’ 1st transaction in British Columbia.

M&A Deal Summary
Date 2023-01-17
Target ImEX Systems
Sector Software
Buyer(s) Convenient Brands
Deal Type Add-on Acquisition

Target

ImEX Systems

Vancouver, British Columbia, Canada
website
ImEX Systems provides full management software to auto body shops, including a recently released web-based app that has functionality for repair estimates, technician scheduling, parts ordering, and time tracking. ImEX Systems was founded in 1994 and is based in Vancouver, British Columbia.

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Buyer(S) 1

Buyer

Convenient Brands

Draper, Utah, United States

website

Category Company
Founded 2012
Sector Information Technology
DESCRIPTION

Convenient Brands is an advanced technology provider of end-to-end payment solutions, integration platforms, and stored-value products for private and public sectors, in person, and online. Convenient Brands was founded in 2012 and is based in Draper, Utah.

DEAL STATS #
Overall 5 of 6
Sector (Software) 4 of 5
Type (Add-on Acquisition) 5 of 6
State (British Columbia) 1 of 1
Country (Canada) 1 of 1
Year (2023) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-08-04 Dealer Pay

St. Louis, Missouri, United States

Dealer Pay provider of modern payments and point-of-sale software solutions for the dealership industries. The company's solutions are web-based and offer a tech-forward approach to payments technology and end-user functionality, providing an invaluable offering exclusive to dealers. The solution is designed to improve daily efficiencies, increase revenue, streamline operations, and enhance security, and along with real-time support and ongoing product development, has enabled Dealer Pay to serve some of the largest dealerships and automotive groups in the U.S. Dealer Pay was formed in 2013 and is based in St. Louis, Missouri.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-01-24 Web-Est

Oldsmar, Florida, United States

Web-Est provides auto collision estimation software to independent auto body shops in the United States. The Company’s software enables body shops to complete repair estimates through a low-cost, high-value, logic-based software solution. Web-Est is based in Oldsmar, Florida.

Buy -
Mergr

Product

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