SmartBear - M&A Summary, Ownership, and Business Overview

SoftwareCompany

SmartBear M&A Summary

SmartBear has acquired 15 companies of its own, including 7 in the last 5 years. A total of 1 acquisition came from private equity firms.

SmartBear has acquired in 6 different US states, and 8 countries. The Company’s most targeted sectors include software (54%) and internet software and services (27%).

SmartBear Ownership

Who owns SmartBear?

SmartBear is owned by Francisco Partners and Vista Equity Partners. It was acquired on May 3, 2017.

Is SmartBear PE-backed?

Yes. SmartBear is owned by private equity investors Francisco Partners and Vista Equity Partners.

SmartBear Business Overview

Where is SmartBear headquartered?

SmartBear is headquartered in Beverly, Massachusetts.

How many employees does SmartBear have?

SmartBear has 170 employees.

What sector is SmartBear in?

SmartBear is a software company.

When was SmartBear founded?

SmartBear was founded in 1999.

M&A Summary

  • M&A Total Activity15
    • M&A Buy Activity15
  • Total Sectors Invested 4
  • Total Countries Invested 8
  • M&A Buy/Sell Connections 4

SmartBear

SmartBear Software, Inc.

100 Cummings Center, Suite 234 North,
Beverly, Massachusetts 01915
United States,
(978) 236-7900
www.smartbear.com

SmartBear is a software testing tools company that provides quality and performance management solutions used by more than one million software development and operations professionals worldwide. SmartBear was established in 1999 and is headquartered in Beverly, Massachusetts.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (1.0/yr) # 10 1 1 1 2 - 15
Sell (0.0/yr) # - - - - - - 0
  15

Most Recent M&A

Company Date Value Type
Stoplight, Inc. 2023-08-22 - Add-on Acquisition
Austin, Texas · www.stoplight.io
Aspecto 2023-03-21 - Add-on Acquisition
Tel Aviv, Israel · www.aspecto.io
Pactflow 2022-04-05 - Divestiture
Sydney, Australia · www.pactflow.io
Bugsnag, Inc. 2021-04-28 - Add-on Acquisition
San Francisco, California · www.bugsnag.com
TM4J - Test Management for Jira 2020-03-31 - Divestiture
London, United Kingdom
Bitbar Technologies 2019-08-29 - Add-on Acquisition
Helsinki, Finland · www.bitbar.com
Cucumber Ltd. 2019-06-25 - Add-on Acquisition
Edinburgh, United Kingdom · www.cucumber.io
D Software, Inc. 2018-08-28 - Add-on Acquisition
Newark, California · www.getzephyr.com
Zaphyre 2018-08-28 - Add-on Acquisition
Raleigh, North Carolina · www.zaphyrpro.com
Hiptest, Inc. 2018-05-09 - Add-on Acquisition
Besançon, France · www.hiptest.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Software 8 (53%) - - -
Internet Software and Services 4 (27%) - - -
Information Technology 2 (13%) - - -
Business Services 1 (7%) - - -
Total 15 - - -

By Geo

State/Country Buy Value Sell Value
United States 7 - - -
  California 2 - - -
  Texas 1 - - -
  Tennessee 1 - - -
  North Carolina 1 - - -
  Massachusetts 1 - - -
  Florida 1 - - -
United Kingdom 2 - - -
Australia 1 - - -
Finland 1 - - -
France 1 - - -
Israel 1 - - -
Spain 1 - - -
Sweden 1 - - -
Domestic 7 (47%) - - -
Cross-border 8 (53%) - - -
Total 15 - - -

M&A Connections

Deals
Acquired from
Investor(s)
7%
1 (7%)
Strategic(s)
20%
3 (20%)

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