M&A Deal Summary

Accruent Acquires Four Rivers Software Systems

On August 25, 2014, Accruent acquired information technology company Four Rivers Software Systems

Acquisition Highlights
  • This is Accruent’s 2nd transaction in the Information Technology sector.
  • This is Accruent’s 6th transaction in the United States.
  • This is Accruent’s 1st transaction in Pennsylvania.

M&A Deal Summary

Date 2014-08-25
Target Four Rivers Software Systems
Sector Information Technology
Buyer(s) Accruent
Deal Type Add-on Acquisition

Target

Four Rivers Software Systems

Pittsburgh, Pennsylvania, United States
Four Rivers Software Systems, Inc. is a provider of maintenance management software and computer-aided facilities management (CAFM) solutions for the healthcare industry.

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Buyer(S) 1

Buyer

Accruent

Austin, Texas, United States

Category Company
Founded 1995
Sector Software
DESCRIPTION

Accruent, Inc. is a provider of physical resource management software. Accruent provides market planning, site selection, project management, lease administration, facilities and space management software that is purpose-built for specific industries to deliver greater customer value. Accruent, Inc. was founded in 1995 and is based in Austin, Texas.


DEAL STATS #
Overall 6 of 16
Sector: Information Technology M&A 2 of 4
Type: Add-on Acquisition M&A Deals 6 of 15
State: Pennsylvania M&A 1 of 1
Country: United States M&A 6 of 14
Year: 2014 M&A 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-08-25 Facilities Technology Group

Austin, Texas, United States

Facilities Technology Group, Inc. (dba SiteFM) is a developer of software for managing healthcare facilities.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-11-17 VFA

Boston, Massachusetts, United States

VFA is a provider of facility assessment services, cloud-based facilities capital planning software, and capital planning services.

Buy -