M&A Deal Summary

Daylight Acquires Proof

On January 25, 2022, Daylight acquired software company Proof

Acquisition Highlights
  • This is Daylight’s 1st transaction in the Software sector.
  • This is Daylight’s 1st transaction in Canada.
  • This is Daylight’s 1st transaction in Yukon Territory.

M&A Deal Summary
Date 2022-01-25
Target Proof
Sector Software
Buyer(s) Daylight
Deal Type Add-on Acquisition

Target

Proof

Whitehorse, Yukon Territory, Canada
website
Proof is a digital platform designed to modernize government processes. The company's proprietary cloud-based platform instantly tracks approvals and routes paperwork digitally across departments in a secure manner. Its current client portfolio includes the Government of Canada. Proof was formed in 2016 and is based in Whitehorse, Yukon Territory.

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Buyer(S) 1

Buyer

Daylight

Toronto, Ontario, Canada

website

Category Company
Founded 2015
Sector Software
DESCRIPTION

Daylight is a cloud-based low-code platform that allows organizations to rapidly build and deploy personalized digital solutions. Daylight's low-code process automation platform enables teams to improve the overall efficiency of legacy processes, automate data-intensive workflows and eliminate paper-based processes by creating personalized digital experiences for any internal or external process. Daylight was formed in 2015 and is based in Toronto, Ontario.

DEAL STATS #
Overall 1 of 1
Sector (Software) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Yukon Territory) 1 of 1
Country (Canada) 1 of 1
Year (2022) 1 of 1
Mergr

Product

Company

Legal