M&A Deal Summary

Priority Acquires Optimize Group

On March 19, 2019, Priority acquired software company Optimize Group

Acquisition Highlights
  • This is Priority’s 3rd transaction in the Software sector.
  • This is Priority’s 1st transaction in Belgium.

M&A Deal Summary

Date 2019-03-19
Target Optimize Group
Sector Software
Buyer(s) Priority
Deal Type Add-on Acquisition

Target

Optimize Group

Overpelt, Belgium
Optimize Group is a full-service ICT services provider for over 1,000 customers from various market sectors. OPTIMIZE and its four business divisions – M-SOFT, solutions for the steel industry, Jamadata, for the beverage industry, DAVE (Just Software), a solution for SMEs working on Mac and Windows, and OPTIMIZE, a professional services division, provide both standard and customized ERP, as well as other business software and optimization support services. These include advanced Business Intelligence (BI), Customer Relationship Management (CRM) services, Business Process Management (BPM), e-commerce, and consultancy services. Optimize Group was founded in 2003 and is based in Overpelt, Belgium.

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Buyer(S) 1

Buyer

Priority

Rosh Haayin, Israel

Category Company
Founded 1986
Sector Software
DESCRIPTION

Priority is a fully-integrated, comprehensive ERP software solution serving a wide spectrum of industries and organizations, including multi-national and multi-lingual corporations. Its main modules include: finance, manufacturing, logistics, human resources, time and attendance, payroll, business intelligence, project management and customer service and support. Priority was founded in 1986 and is based in Rosh Haayin, Israel.


DEAL STATS #
Overall 3 of 9
Sector: Software M&A 3 of 9
Type: Add-on Acquisition M&A Deals 3 of 9
Country: Belgium M&A 1 of 1
Year: 2019 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-04 Acclivity Group

Rockaway, New Jersey, United States

Acclivity Group LLC is an accounting software and business solutions company. Acclivity Group was founded in 1983 and is based in Rockaway, New Jersey.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-01 EDEA Applied Management Consulting

Lod, Israel

EDEA Applied Management Consulting Ltd. is a provider of UNIFIED COMMERCE solution, that enables retailers to deliver an advanced Omnichannel customer experience. Edea specializes in the retail and hospitality industries, known for its flagship 'OneCore' product, a headless commerce solution designed via microservices to serve all commerce's unique core business capabilities to various front-end solutions developed by Edea, such as mobile POS, self-service kiosk, online ordering apps, and to any third parties, including e-commerce, payments, CRM, and marketing automation solutions and providers. EDEA Applied Management Consulting was founded in 2005 and is based in Lod, Israel.

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