Ackroo - M&A Summary and Business Overview

SoftwareCompany

Ackroo M&A Summary

Ackroo has acquired 11 companies, including 5 in the last 5 years.

Ackroo’s largest acquisition to date was in 2021, when it acquired InterActive DMS for $9M. Ackroo has acquired in 2 different US states, and 2 countries. The Company’s most targeted sectors include software (37%) and internet software and services (37%).

Ackroo Business Overview

Where is Ackroo headquartered?

Ackroo is headquartered in Hamilton, Ontario.

What is Ackroo’s revenue?

Ackroo disclosed revenue of 7M CAD for 2023 and 6M CAD for 2022.

What sector is Ackroo in?

Ackroo is a software company.

When was Ackroo founded?

Ackroo was founded in 2012.

M&A Summary

  • M&A Total Activity10
    • M&A Buy Activity10
  • Total Sectors Invested 4
  • Total Countries Invested 2
  • M&A Buy/Sell Connections 5

Ackroo

Ackroo, Inc.

1250 South Service Road 3rd Floor, Unit A3-1,
Hamilton, Ontario L8E 5R9
Canada,
(888) 405-0066
www.ackroo.com

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, Ontario.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.8/yr) # 6 2 1 1 - - 10
vol $9M $2M $11M
Sell (0.0/yr) # - - - - - - 0
  10

Most Recent M&A

Company Date Value Type
SimpliConnect, Inc. 2022-12-12 2M USD Add-on Acquisition
Bloomington, Minnesota · www.simpliconnect.com
InterActive DMS 2021-05-21 9M USD Divestiture
, United States · www.interactivedms.com
BNA Smart Payment Systems Ltd. 2020-04-03 - Add-on Acquisition
Aurora, Ontario · www.bnasmartpayment.com
Resulto - WinWin Marketing 2020-02-28 - Divestiture
Montréal, Quebec
Mobi724 Global Solutions - DMBI Business 2019-05-10 - Divestiture
Montréal, Quebec
Loyalint/Fidelint 2016-09-15 - Divestiture
Dollard-Des-Ormeaux, Quebec · www.fidelint.com
Dealer Rewards Canada 2016-05-10 - Add-on Acquisition
Hamilton, Ontario
Appetite 2016-03-15 - Divestiture
Toronto, Ontario · www.appetiteapp.com
OnTab 2016-02-23 - Add-on Acquisition
Toronto, Ontario · www.ontab.com
PhotoGIFTCARD.com 2015-01-29 - Add-on Acquisition
Ottawa, Ontario · www.photogiftcard.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Internet Software and Services 4 (40%) 2M (18%) - -
Software 4 (40%) 9M (82%) - -
Information Technology 1 (10%) - - -
Marketing 1 (10%) - - -
Total 10 $11M - -

By Geo

State/Country Buy Value Sell Value
Canada 9 - - -
  Ontario 6 - - -
  Quebec 3 - - -
United States 2 11M - -
  Minnesota 1 2M - -
Domestic 9 (82%) - - -
Cross-border 2 (18%) 11M (100%) - -
Total 11 $11M - -

Deal Values

buy # Total
< $100M 2 $11M
TOTAL $11M
Largest InterActive DMS
$9M (2021-05-21)

M&A Connections

Deals
Acquired from
Strategic(s)
50%
5 (50%)

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