M&A Deal Summary

Poppulo Acquires SmartSpace Software - Enterprise Software Business

On August 13, 2020, Poppulo acquired software company SmartSpace Software - Enterprise Software Business from SmartSpace Software for 5M GBP

Acquisition Highlights
  • This is Poppulo’s 1st transaction in the Software sector.
  • This is Poppulo’s 0th largest (disclosed) transaction.
  • This is Poppulo’s 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2020-08-13
Target SmartSpace Software - Enterprise Software Business
Sector Software
Buyer(s) Poppulo
Sellers(s) SmartSpace Software
Deal Type Divestiture
Deal Value 5M GBP

Target

SmartSpace Software - Enterprise Software Business

London, United Kingdom
SmartSpace Software Plc - Enterprise Software Business develops and sells ‘Workplace’, the Group’s Enterprise platform.

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Buyer(S) 1

Buyer

Poppulo

Denver, Colorado, United States

website


Category Company
Founded 2005
Sector Software
DESCRIPTION

Poppulo is a provider of enterprise content management solutions for visual communications. The Company’s enterprise-grade software and data integrations enable customers to deploy and manage visual content and applications on digital displays while integrating real-time data. Poppulo delivers functionality, integrations and services through a cloud management interface, flexible authoring tool, cross-platform support and vertically-tailored applications. Poppulo was formed in 2005 and is based in Denver, Colorado.


DEAL STATS #
Overall 1 of 2
Sector (Software) 1 of 2
Type (Divestiture) 1 of 1
Country (United Kingdom) 1 of 1
Year (2020) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-15 Poppulo

Cork, Ireland

Poppulo is an internal communications software developer. Poppulo’s pioneering software is transforming internal communications, creating more connected, aligned and successful organizations all over the world. Poppulo is based in Cork, Ireland.

Buy -

Seller(S) 1

SELLER

SmartSpace Software

Bury Saint Edmunds, United Kingdom

website


Category Company
Founded 2000
Sector Software
Employees68
Revenue 5M GBP (2022)
DESCRIPTION

SmartSpace Software is focused on technologies that make real estate more efficient and businesses more effective. Its businesses, Redstone and Connect IB, provide the infrastructure capabilities and the software applications to deliver smart building and smart workspace solutions for commercial businesses, public sector organisations, real estate owners and managers. Smartspace Software was founded in 2000 and is based in Bury Saint Edmunds, the United Kingdom.


DEAL STATS #
Overall 3 of 3
Sector (Software) 1 of 1
Type (Divestiture) 3 of 3
Country (United Kingdom) 3 of 3
Year (2020) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-10-19 Swiped On

Tauranga, New Zealand

Swiped On Ltd. is a developer of a visitor management software solution that provides visitor registration functionality for organisations. The software can instantly notify employees of visitor arrivals via email and/or SMS, whilst also custom printing visitor ID badges. Swiped On was founded in 1995 and is based in Tauranga, New Zealand.

Buy -