M&A Deal Summary

Pitney Bowes Acquires Maponics

On July 25, 2016, Pitney Bowes acquired internet software and services company Maponics

Acquisition Highlights
  • This is Pitney Bowes’ 5th transaction in the Internet Software and Services sector.
  • This is Pitney Bowes’ 17th transaction in the United States.
  • This is Pitney Bowes’ 1st transaction in Vermont.

M&A Deal Summary
Date 2016-07-25
Target Maponics
Sector Internet Software and Services
Buyer(s) Pitney Bowes
Deal Type Add-on Acquisition

Target

Maponics

White River Junction, Vermont, United States
website
Maponics LLC is a provider of online spatial data services. Maponics defines geographic boundaries that are meaningful at the local level, such as neighborhood boundaries, ZIP Codes, and school attendance zones.

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Buyer(S) 1

Buyer

Pitney Bowes

Stamford, Connecticut, United States

website

Category Company
Founded 1920
Sector Business Services
Employees11,500
Revenue 3.5B USD (2022)
DESCRIPTION
Pitney Bowes facility in Danbury, Connecticut.
Pitney Bowes facility in Danbury, Connecticut.

Pitney Bowes provides technology solutions for small, mid-size and large firms that help them connect with customers to build loyalty and grow revenue. Many of the company's solutions are delivered on open platforms to best organize, analyze and apply both public and proprietary data to two-way customer communications. Pitney Bowes includes direct mail, transactional mail and call center communications in its solution mix along with digital channel messaging for the Web, email and mobile applications. Pitney Bowes was founded in 1920 and is based in Stamford, Connecticut.

DEAL STATS #
Overall 23 of 26
Sector (Internet Software and Services) 5 of 8
Type (Add-on Acquisition) 16 of 18
State (Vermont) 1 of 1
Country (United States) 17 of 19
Year (2016) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-12 Enroute Systems

Bellevue, Washington, United States

Enroute Systems Corp. is cloud-based, software-as-a-service transportation management system company, delivering enterprise-grade, multi-carrier shipping solutions.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-02-15 PPS Business

Naperville, Illinois, United States

PPS Business Corp. (dba ProSORT Services) is a provider of mail presort services for First-Class and Standard Class mail in the Chicagoland area. ProSORT serves a wide range of First Class and Standard Mail customers in such industries as banking and financial services, insurance, energy, healthcare, education, printing/mailing, and advertising. PPS Business Corp. was founded in 1983 and is based in Naperville, Illinois.

Buy -
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