Absolute - M&A Summary, Ownership, and Business Overview

SoftwareCompany

Absolute M&A Summary

Absolute has acquired 3 companies of its own, including 1 in the last 5 years. A total of 1 acquisition came from private equity firms. It has also divested 2 assets.

Absolute’s largest acquisition to date was in 2021, when it acquired NetMotion Software for $340M. Absolute has acquired in 3 different US states. The Company’s most targeted sectors include software (67%) and internet software and services (34%).

Absolute Ownership

Who owns Absolute?

Absolute is owned by Crosspoint Capital Partners. It was acquired on May 11, 2023.

Is Absolute PE-backed?

Yes. Absolute is owned by private equity investor Crosspoint Capital Partners.

Absolute Business Overview

Where is Absolute headquartered?

Absolute is headquartered in Vancouver, British Columbia.

What is Absolute’s revenue?

Absolute disclosed revenue of 197M USD for 2022 and 121M USD for 2021.

What sector is Absolute in?

Absolute is a software company.

When was Absolute founded?

Absolute was founded in 1993.

M&A Summary

  • M&A Total Activity5
    • M&A Buy Activity3
    • M&A Sell Activity2
  • Total Sectors Invested 2
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 2
  • M&A Advisors 3

Absolute

Absolute Software Corp.

Four Bentall Centre Suite 1400 1055 Dunsmuir Street PO Box 49211,
Vancouver, British Columbia V7X 1K8
Canada,
(604) 730-9851
www.absolute.com

Absolute Software is a provider of self-healing, intelligent security solutions. Embedded in more than 600 million devices, Absolute's platform offers a permanent digital connection that intelligently and dynamically applies visibility, control and self-healing capabilities to endpoints, applications, and network connections - helping customers to strengthen cyber resilience against the escalating threat of ransomware and malicious attacks. Absolute was founded in 1993 and is based in Vancouver, Canada.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.2/yr) # 2 - 1 - - - 3
vol $340M $340M
Sell (0.0/yr) # 2 - - - - - 2
  5

Most Recent M&A

Company Date Value Type
NetMotion Software, Inc. 2021-05-11 340M USD Add-on Acquisition
Seattle, Washington · www.netmotionsoftware.com
Absolute Manage 2015-09-21 - Divestiture
, Canada · www.absolutemanage.com
Absolute Service 2015-09-21 - Divestiture
, Canada
Palisade Systems, Inc. 2013-06-25 - Add-on Acquisition
Des Moines, Iowa · www.palisadesys.com
LiveTime Software, Inc. 2012-11-19 - Add-on Acquisition
Newport Beach, California · www.livetime.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Software 2 (67%) 340M (100%) 1 (50%) -
Internet Software and Services 1 (33%) - - -
Information Technology - - 1 (50%) -
Total 3 $340M 2 -

By Geo

State/Country Buy Value Sell Value
United States 3 340M - -
  Washington 1 340M - -
  Iowa 1 - - -
  California 1 - - -
Canada - - 2 -
Domestic - - 2 (100%) -
Cross-border 3 (100%) 340M (100%) - -
Total 3 $340M 2 -

Top M&A Advisors

Financial Deals
Foros Group LLC
 1
Legal Deals
Cooley LLP
 1
Blake, Cassels & Graydon LLP
 1

Deal Values

buy # Total
$100M to $1B 1 $340M
TOTAL $340M
Largest NetMotion Software, Inc.
$340M (2021-05-11)

M&A Connections

Deals
Acquired from
Investor(s)
33%
1 (33%)
Divested to
Strategic(s)
100%
2 (100%)

Company Summary

SECTOR

Software

Revenue

197   63% 2022
121   16% 2021
105   7% 2020
99   6% 2019
94   4% 2018
91   3% 2017
89   6% 2016
94   4% 2015
91   2014
(millions of USD) Show More Show Less

Established

1993

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