M&A Deal Summary

Yardi Systems Acquires Point2 Technologies

On September 30, 2010, Yardi Systems acquired software company Point2 Technologies

Acquisition Highlights
  • This is Yardi Systems’ 4th transaction in the Software sector.
  • This is Yardi Systems’ 1st transaction in Canada.
  • This is Yardi Systems’ 1st transaction in Saskatchewan.

M&A Deal Summary

Date 2010-09-30
Target Point2 Technologies
Sector Software
Buyer(s) Yardi Systems
Deal Type Add-on Acquisition

Target

Point2 Technologies

Saskatoon, Saskatchewan, Canada
website
Point2 Technologies, Inc. is a developer, marketer, and supports inventory management and online marketing software for the heavy equipment industry.

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Buyer(S) 1

Buyer

Yardi Systems

Santa Barbara, California, United States

website


Category Company
Founded 1982
Sector Internet Software and Services
DESCRIPTION

Yardi Systems, Inc. designs, develops, and supports software solutions for real estate investment and property management.


DEAL STATS #
Overall 7 of 27
Sector (Software) 4 of 13
Type (Add-on Acquisition) 7 of 26
State (Saskatchewan) 1 of 1
Country (Canada) 1 of 2
Year (2010) 5 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-08-04 Visual Homes Real Estate

Braham, Minnesota, United States

Visual Homes Real Estate is a provider of software solutions for public housing authorities that manage low-income housing.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-02-01 Real Estate Electronic Publishing

San Diego, California, United States

Real Estate Electronic Publishing Co., Inc. is a software provider for the affordable housing Industry focused on providing solutions for Tax Credit, HUD, and Rural Development properties.

Buy -