M&A Deal Summary

Envera Systems Acquires ABDi

On July 24, 2024, Envera Systems acquired software company ABDi

Acquisition Highlights
  • This is Envera Systems’ 1st transaction in the Software sector.
  • This is Envera Systems’ 1st transaction in the United States.
  • This is Envera Systems’ 1st transaction in Florida.

M&A Deal Summary

Date 2024-07-24
Target ABDi
Sector Software
Buyer(s) Envera Systems
Deal Type Add-on Acquisition

Target

ABDi

Boca Raton, Florida, United States
ABDi is a software development company that specializes in highly customizable community management and access control solutions for gated communities, condominiums, high-rise apartments, and country clubs throughout the country. ABDi is based in Boca Raton, Florida.

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Buyer(S) 1

Buyer

Envera Systems

Coconut Creek, Florida, United States

Category Company
Founded 2007
Sector Safety/Security
DESCRIPTION

Envera Systems provides remotely monitored electronic security services to gated communities, including live monitored access control at gated entry points and active video monitoring of common areas such as pools and club houses. Envera Systems was founded in 2007 and is based in Coconut Creek, Florida.


DEAL STATS #
Overall 1 of 1
Sector (Software) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Florida) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1