M&A Deal Summary

Enghouse Systems Acquires Qumu

On December 19, 2022, Enghouse Systems acquired internet software and services company Qumu for 18M USD

Acquisition Highlights
  • This is Enghouse Systems’ 8th transaction in the Internet Software and Services sector.
  • This is Enghouse Systems’ 11th largest (disclosed) transaction.
  • This is Enghouse Systems’ 15th transaction in the United States.
  • This is Enghouse Systems’ 1st transaction in Minnesota.

M&A Deal Summary
Date 2022-12-19
Target Qumu
Sector Internet Software and Services
Buyer(s) Enghouse Systems
Deal Type Merger
Deal Value 18M USD
Advisor(s) Craig-Hallum (Financial)
Ballard Spahr LLP (Legal)

Target

Qumu

Minneapolis, Minnesota, United States
website
Qumu is a provider of tools to create, manage, secure, distribute, and measure the success of live and on-demand video for the enterprise. Qumu platform enables global organizations to drive employee engagement, increase access to video, and modernize the workplace by providing a more efficient and effective way to share knowledge. Qumu was founded in 1978 and is based in Minneapolis, Minnesota.

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Buyer(S) 1

Buyer

Enghouse Systems

Markham, Ontario, Canada

website

Category Company
Founded 1984
Sector Software
Employees1,729
Revenue 454M CAD (2023)
DESCRIPTION
Enghouse Systems' corporate headquarters in Markham, Ontario.
Enghouse Systems' corporate headquarters in Markham, Ontario.

Enghouse Systems is a developer of software products for Automated Mapping/Facilities Management/Geographic Information Systems ('AM/FM/GIS') for the telecommunications and utilities industries. Enghouse Systems was founded in 1984 and is based in Markham, Ontario.

DEAL STATS #
Overall 47 of 50
Sector (Internet Software and Services) 8 of 10
Type (Merger) 1 of 1
State (Minnesota) 1 of 1
Country (United States) 15 of 18
Year (2022) 4 of 4
Size (of disclosed) 11 of 23
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-09-06 VoicePort

Rochester, New York, United States

VoicePort is a provider of automated, configurable, and integrated customer self-service software. VoicePort's products, including inbound and outbound IVR and AI-powered chatbots with 2-way text messaging, are designed and orchestrated to be fully integrated and work seamlessly across organizations and their supporting resources and systems. VoicePort is based in Rochester, New York.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-05-17 LifeSize

Austin, Texas, United States

Lifesize is a global provider of video conferencing and omnichannel contact center solutions to millions of users through channel partners in over 100 countries. LifeSize was formed in 2003 and is based in Austin, Texas.

Buy -
Mergr

Product

Company

Legal