M&A Deal Summary

Sage Acquires XRT SA

On September 11, 2007, Sage acquired software company XRT SA for 30M GBP

Acquisition Highlights
  • This is Sage’s 18th transaction in the Software sector.
  • This is Sage’s 10th largest (disclosed) transaction.
  • This is Sage’s 4th transaction in France.

M&A Deal Summary

Date 2007-09-11
Target XRT SA
Sector Software
Buyer(s) Sage
Deal Type Add-on Acquisition
Deal Value 30M GBP

Target

XRT SA

Puteaux, France
XRT SA is a supplier of treasury management software and payment software for medium-sized businesses in France, Spain, Portugal, Italy and Latin America. XRT’s software solutions enable thousands of organizations worldwide to centralise cash flow information, streamline key business processes across the organization, and automate financial communication with banking and business partners. Combined with ERP systems, XRT’s software enables its 6,000 customers to carry out end-to-end straight-through processing and electronic payments around the globe.

Search 215,058 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Sage

Newcastle upon Tyne, United Kingdom

Category Company
Founded 1981
Sector Software
Employees10,740
Revenue 2.3B GBP (2024)
DESCRIPTION
Sage office in Reston, Virginia.
Sage office in Reston, Virginia.

Sage provides business management software and services for small and medium-sized businesses. Sage was founded in 1981 and is based in Newcastle upon Tyne, United Kingdom.


DEAL STATS #
Overall 20 of 36
Sector: Software M&A 18 of 29
Type: Add-on Acquisition M&A Deals 16 of 30
Country: France M&A 4 of 4
Year: 2007 M&A 5 of 6
Size (of disclosed) 10 of 23
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-07-02 Creative Software Pte

Singapore, Singapore

Creative Software Pte Ltd. is a provider of payroll and human resource management software solutions. CSPL has 4000 customers spread across Singapore, Malaysia, Indonesia, Brunei and Hong Kong. With branch offices in Kuala Lumpur and Hong Kong, CSPL employs around 70 people and is based in Singapore.

Buy S$10M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-10-29 KCS Global Holdings

Newcastle Upon Tyne, United Kingdom

KCS Global Holdings Ltd. is a supplier of Personnel, Payroll and Time & Attendance solutions, available separately or as a fully integrated solution. Through first class implementation and support services, KCS ensures a close match to clients’ expectations delivering real strategic benefits to a wide range of customers, including Reg Vardy, Specsavers and Paul Smith.

Buy £20M