M&A Deal Summary

Volaris Group Acquires Zeit

On February 22, 2024, Volaris Group acquired software company Zeit

Acquisition Highlights
  • This is Volaris Group’s 48th transaction in the Software sector.
  • This is Volaris Group’s 5th transaction in Switzerland.

M&A Deal Summary
Date 2024-02-22
Target Zeit
Sector Software
Buyer(s) Volaris Group
Deal Type Add-on Acquisition

Target

Zeit

Sursee, Switzerland
website
Zeit is a provider of workforce management solutions catering to the needs of complex European organizations. Zeit’s technology helps customers address time tracking for employees and projects, workforce and shift planning, and attendance management requirements. Zeit was founded in 1994 and is based in Sursee, Switzerland.

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Buyer(S) 1

Buyer

Volaris Group

Mississauga, Ontario, Canada

website

Category Company
Sector Software
DESCRIPTION

Volaris acquires, strengthens and grows vertical market technology companies. As an Operating Group of Constellation Software Inc., Volaris is all about strengthening businesses within the markets they compete and enabling them to grow – whether that growth comes through organic measures such as new initiatives and product development, day-to-day business, or through complementary acquisitions.

DEAL STATS #
Overall 74 of 74
Sector (Software) 48 of 48
Type (Add-on Acquisition) 65 of 65
Country (Switzerland) 5 of 5
Year (2024) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-01-19 Avencall/Xivo

Lyon, France

AVENCALL is a provider of software solutions that supports Call Centers & Public Authorities in their critical and unified communications.

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Mergr

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