M&A Deal Summary

Tempo Software Acquires Alpha Serve

On January 24, 2024, Tempo Software acquired software company Alpha Serve

Acquisition Highlights
  • This is Tempo Software’s 3rd transaction in the Software sector.
  • This is Tempo Software’s 1st transaction in Ukraine.

M&A Deal Summary
Date 2024-01-24
Target Alpha Serve
Sector Software
Buyer(s) Tempo Software
Deal Type Add-on Acquisition

Target

Alpha Serve

Kyiv, Ukraine
website
Alpha Serve provides enterprise-grade data connectivity, offering a suite of powerful BI connectors for popular business applications like Jira, ServiceNow, and Zendesk. Their connectors enable seamless data integration with platforms like Power BI and Tableau, empowering organizations to gain actionable insights from their data. Alpha Serve was founded in 2003 and is based in Kyiv, Ukraine.

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Buyer(S) 1

Buyer

Tempo Software

Boston, Massachusetts, United States

website

Category Company
Founded 1987
Sector Internet Software and Services
DESCRIPTION

Tempo Software provides a user-friendly, high-performance software suite for time tracking, resource management, and budgeting. Tempo enables organizations to plan, optimize, and manage resources, budget, and track project costs, and track and report time for team efficiency. Tempo Software was founded in 1987 and is based in Boston, Massachusetts.

DEAL STATS #
Overall 6 of 6
Sector (Software) 3 of 3
Type (Add-on Acquisition) 6 of 6
Country (Ukraine) 1 of 1
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-04-17 Old Street Solutions

London, United Kingdom

Old Street Solutions is a globally distributed company making custom reporting software for Jira dashboards that anyone can start using straight away. The company aims to eliminate the steep learning curve that comes with most business intelligence platforms so that business teams and non-technical users can produce live reports in minutes. Old Street Solutions is based in London, United Kingdom.

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