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  6. L2L Acquires Accumine

M&A Deal Summary

L2L Acquires Accumine

On June 21, 2022, L2L acquired information technology company Accumine

Acquisition Highlights
  • This is L2L’s 1st transaction in the Information Technology sector.
  • This is L2L’s 1st transaction in Canada.
  • This is L2L’s 1st transaction in Ontario.

M&A Deal Summary
Date 2022-06-21
Target Accumine
Sector Information Technology
Buyer(s) L2L
Deal Type Add-on Acquisition

Target

Accumine

London, Ontario, Canada
Accumine is a digital transformation company that produces real-time displays to increase production by reducing wastefulness. Data is streamed through existing factory infrastructure and analyzed by data scientists using deep learning algorithms to create a digital twin of a factory and its processes. Accumine was formed in 2015 and is based in London, Ontario.

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Buyer(S) 1

Buyer

L2L

Salt Lake City, Utah, United States
Category Company
Founded 2010
Sector Information Technology
DESCRIPTION

L2L makes smart manufacturing simple so manufacturers can accelerate and win. The company's technology connects frontline teams, digitalizes operations, and solves the shop floor disruptions that create waste and limit throughput. Cloud-based and deployed within 50 days on average, its Smart Manufacturing Platform creates unmatched speed to value for over 175,000 users in 25 countries across the globe. L2L was formed in 2010 and is based in Salt Lake City, Utah.

DEAL STATS #
Overall 1 of 2
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 2
State: Ontario M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2022 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-09-04 SwipeGuide

Amsterdam, Netherlands

SwipeGuide is a global frontrunner in frontline training solutions, dedicated to simplifying complex processes through an intuitive mobile app. With a strong presence in the European market, SwipeGuide is committed to enhancing the skills and efficiency of the frontline workforce worldwide. Deployed across 93 countries, SwipeGuide simplifies frontline training for more than 300,000 factory employees. SwipeGuide was formed in 2015 and is headquartered in Amsterdam, The Netherlands.

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