M&A Deal Summary

Ackroo Acquires InterActive DMS

On May 21, 2021, Ackroo acquired software company InterActive DMS from Valsoft for 9M USD

Acquisition Highlights
  • This is Ackroo’s 4th transaction in the Software sector.
  • This is Ackroo’s largest (disclosed) transaction.
  • This is Ackroo’s 1st transaction in the United States.

M&A Deal Summary

Date 2021-05-21
Target InterActive DMS
Sector Software
Buyer(s) Ackroo
Sellers(s) Valsoft
Deal Type Divestiture
Deal Value 9M USD

Target

InterActive DMS

United States
website
InterActive DMS provides fast, user-friendly software for used car dealers, motorcycle dealers, boat dealers and finance companies that manage all aspects of inventory, sales processing, forms printing, collections, custom management reports, and electronic document scanning and storage.

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Buyer(S) 1

Buyer

Ackroo

Hamilton, Ontario, Canada

website


Category Company
Founded 2012
Sector Software
Revenue 6M CAD (2021)
DESCRIPTION

Ackroo is a gift card, loyalty and rewards technology and services provider. Ackroo’s web-based solutions provide the power of a massively scalable software platform in a lightweight online tool that works with existing point-of-sale equipment, making it easy and affordable for businesses to launch gift card & loyalty programs that deliver immediate return on investment. Ackroo was incorporated in 2012 and is based in Hamilton, Canada.


DEAL STATS #
Overall 10 of 11
Sector (Software) 4 of 4
Type (Divestiture) 5 of 5
Country (United States) 1 of 2
Year (2021) 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-04-03 BNA Smart Payment Systems

Aurora, Ontario, Canada

BNA Smart Payment Systems Ltd. is a payment processing company for merchants across North America. With a focus on unparalleled customer service, BNA provides certified credit and debit payment solutions from various different payment processors, serving industries such as automotive, general retail, restaurant, entertainment, and professional services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-12-12 Simpliconnect

Bloomington, Minnesota, United States

Simpliconnect is a SaaS provider focused on driving client engagement for small to medium-sized merchants, specifically focusing on chains with 2-100 sites/locations. The company offers a powerful and customizable loyalty management system, including mobile apps for its merchants. Simpliconnect was formed in 2019 and is based in Bloomington, Minnesota.

Buy $2M

Seller(S) 1

SELLER

Valsoft

Montreal, Quebec, Canada

website


Category Company
Sector Financial Services
DESCRIPTION

Valsoft Corp. is to acquire and grow vertical software businesses that provide mission-critical solutions in their respective niche or market. Unlike private equity and venture capital firms, Valsoft look to buy companies and hold them forever. That is correct, Valsoft e do not sell companies.


DEAL STATS #
Overall 1 of 2
Sector (Software) 1 of 2
Type (Divestiture) 1 of 2
Country (United States) 1 of 1
Year (2021) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-04 ScholarChip

Hicksville, New York, United States

ScholarChip is a provider of identity management, visitor management, and behavioral software for the K-12 vertical. ScholarChip provides integrated solutions to help schools holistically solve their biggest challenges and succeed. ScholarChip was founded in 2003 and is based in Hicksville, New York.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-09 Telematel

Barcelona, Spain

Telematel is a software company for the construction sector. Tens of thousands of customers use its management solutions daily, including the ERP GO! Manage. The brand has 30 years of experience developing services and projects for manufacturers and distributors. In addition, it manages updated information on more than 1,200 brands (5 million products) and serves this data to more than 1,000 companies through Go! Catalog, the largest cloud database in the construction market. Telematel is based in Barcelona, Spain.

Buy -