M&A Deal Summary

Katabat Acquires Simplicity Collection Software

On January 5, 2021, Katabat acquired software company Simplicity Collection Software

Acquisition Highlights
  • This is Katabat’s 1st transaction in the Software sector.
  • This is Katabat’s 1st transaction in the United States.
  • This is Katabat’s 1st transaction in Idaho.

M&A Deal Summary

Date 2021-01-05
Target Simplicity Collection Software
Sector Software
Buyer(s) Katabat
Deal Type Add-on Acquisition

Target

Simplicity Collection Software

Idaho Falls, Idaho, United States
Simplicity Collection Software provides a detailed, cloud-based collection solution allowing real-time access to the status of any collection account entered into the system. Simplicity Collection Software was founded in 2010 and is based in Idaho Falls, Idaho.

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Buyer(S) 1

Buyer

Katabat

Wilmington, Delaware, United States

Category Company
Founded 2006
Sector Software
DESCRIPTION

Katabat is a provider of debt management software solutions for lenders, fintech, and collection agencies. The software synchronizes customer offers, implements customer workflows, and builds integrated content and treatments across all customer channels. Katabat was founded in 2006 and is based in Wilmington, Delaware.


DEAL STATS #
Overall 1 of 1
Sector (Software) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Idaho) 1 of 1
Country (United States) 1 of 1
Year (2021) 1 of 1