M&A Deal Summary

Ideagen Acquires Scannell Solutions

On January 14, 2019, Ideagen acquired internet software and services company Scannell Solutions for 4M GBP

Acquisition Highlights
  • This is Ideagen’s 1st transaction in the Internet Software and Services sector.
  • This is Ideagen’s 8th largest (disclosed) transaction.
  • This is Ideagen’s 1st transaction in Ireland.

M&A Deal Summary

Date 2019-01-14
Target Scannell Solutions
Sector Internet Software and Services
Buyer(s) Ideagen
Deal Type Add-on Acquisition
Deal Value 4M GBP

Target

Scannell Solutions

Cork, Ireland
Scannell Solutions Ltd. is a provider of software as a service (SaaS) solutions for Environmental Health, Safety and Quality monitoring and auditing.

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Buyer(S) 1

Buyer

Ideagen

Ruddington, United Kingdom

Category Company
Founded 1993
Sector Software
Employees697
Revenue 66M GBP (2021)
DESCRIPTION

Ideagen is a software development business specializing in information management solutions for organizations that operate within industries that are subject to high regulatory standards. Ideagen was founded in 1993 and is based in Ruddington, United Kingdom.


DEAL STATS #
Overall 11 of 27
Sector: Internet Software and Services M&A 1 of 4
Type: Add-on Acquisition M&A Deals 11 of 27
Country: Ireland M&A 1 of 1
Year: 2019 M&A 1 of 1
Size (of disclosed) 8 of 12
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-09-11 InspectionXpert

Apex, North Carolina, United States

InspectionXpert Corp. is a provider of inspection planning and reporting software for precision manufacturers. InspectionXpert Corp. was founded in 2004 and is based in Apex, North Carolina.

Buy $7M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-03-06 Workrite

West Sussex, United Kingdom

Workrite offers a suite of e-learning solutions to ensure companies can keep up to date with current regulations relating to health and safety at work.

Buy £7M