M&A Deal Summary

PartnerOne Acquires Evolving Systems - Activation and Marketing Businesses

On October 18, 2021, PartnerOne acquired software company Evolving Systems - Activation and Marketing Businesses from Evolving Systems for 40M USD

Acquisition Highlights
  • This is PartnerOne’s 3rd transaction in the Software sector.
  • This is PartnerOne’s largest (disclosed) transaction.
  • This is PartnerOne’s 2nd transaction in the United States.
  • This is PartnerOne’s 1st transaction in Colorado.

M&A Deal Summary
Date 2021-10-18
Target Evolving Systems - Activation and Marketing Businesses
Sector Software
Buyer(s) PartnerOne
Sellers(s) Evolving Systems
Deal Type Divestiture
Deal Value 40M USD

Target

Evolving Systems - Activation and Marketing Businesses

Englewood, Colorado, United States
Evolving Systems' activation and marketing businesses provide software and best-in-class customer service related to marketing.

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Buyer(S) 1

Buyer

PartnerOne

Montreal, Quebec, Canada

website

Category Company
Sector Software
DESCRIPTION

PartnerOne is an enterprise software company that manages the world's largest data environments through virtualized cloud storage, hyper-automation. The Company looks to acquire and build enterprise software as well. PartnerOne is based in Montreal, Quebec.

DEAL STATS #
Overall 3 of 5
Sector (Software) 3 of 4
Type (Divestiture) 1 of 2
State (Colorado) 1 of 1
Country (United States) 2 of 3
Year (2021) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-29 SL

Corte Madera, California, United States

SL is a software company, that develops real-time middleware monitoring, visualization and diagnostic software for global and mid-market companies whose businesses depend on complex, high-performance applications. SL was established in 1983 and is based in Corte Madera, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-03-30 Stromasys

Geneva, Switzerland

Stromasys is a provider of enterprise-class cross-platform virtualization solutions for SunSPARC, PA-RISC, DEC VAX, DEC Alpha, and DEC PDP-11 servers. Stromasys was founded in 1998 and is based in Geneva, Switzerland.

Buy -

Seller(S) 1

SELLER

Evolving Systems

Englewood, Colorado, United States

website

Category Company
Founded 1985
Sector Software
Employees277
Revenue 26M USD (2020)
DESCRIPTION

Evolving Systems is a provider of software solutions and systems integration services for the telecommunications industry. Evolving Systems was founded in 1985 and is based in Englewood, Colorado.

DEAL STATS #
Overall 2 of 2
Sector (Software) 2 of 2
Type (Divestiture) 2 of 2
State (Colorado) 1 of 1
Country (United States) 2 of 2
Year (2021) 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-08-16 Lumata Group

London, United Kingdom

Lumata Group Ltd. is a provider of real-time, next generation loyalty and customer lifecycle management software and services. It delivers tools and marketing expertise to service providers and brands that enable them to unlock the value in their customer data. With a customer base spanning Europe, Africa, Central America and Southeast Asia.

Buy -
Mergr

Product

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