List of 43 Software Companies that have Acquired in Belgium

Name	Sector	Revenue $mlns	M&A Activity			Last 5 Years
Name	Sector	Revenue $mlns	Total	Buy	Sell	Last 5 Years
Visma PE Backed GIC HgCapital Alberta Investment Management Corporation (AIMCo) General Atlantic TPG 2017-06-29 Oslo, Norway website	Software	622	91	87	4
Synopsys NASDAQ : SNPS Sunnyvale, California, United States website	Software	5,842	73	70	3
The Descartes Systems Group NASDAQ : DSGX Waterloo, Ontario, Canada website	Software	486	55	54	1
Cadence NASDAQ : CDNS San Jose, California, United States website	Software	4,090	52	51	1
Aptean PE Backed Vista Equity Partners TA Associates Golub Capital Charlesbank Capital Partners Insight Partners Clearlake Capital 2012-08-07 Alpharetta, Georgia, United States website	Software	-	52	50	2
Enghouse Systems Toronto (TSX) : ENGH Markham, Ontario, Canada website	Software	345	50	50	-
Bentley NASDAQ : BSY Exton, Pennsylvania, United States website	Software	1,228	42	41	1
Dassault Systemes Euronext : DASTY Velizy-Villacoublay, France website	Software	6,706	40	40	-
Solera PE Backed Vista Equity Partners 2015-09-14 $6.5B Westlake, Texas, United States website	Software	-	40	40	-
WiseTech Global (CargoWise) Private Schaumburg, Illinois, United States website	Software	-	29	29	-
ServiceNow NYSE : NOW Santa Clara, California, United States website	Software	8,971	29	29	-
EPAM Systems NYSE : EPAM Newtown, Pennsylvania, United States website	Software	4,691	28	28	-
Software Public Darmstadt, Germany website	Software	1,080	21	18	3
Deltek, Inc. Acquired Roper Technologies 2016-12-06 $2.8B Herndon, Virginia, United States website	Software	-	16	16	-
Kerridge PE Backed CapVest 2023-07-13 $1.23152B Hungerford, United Kingdom website	Software	43	13	13	-
Alludo PE Backed KKR 2019-07-03 Ottawa, Ontario, Canada website	Software	-	14	12	2

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