M&A Deal Summary

StarDyne Technologies Acquires SRB Education Solutions

On April 1, 2006, StarDyne Technologies acquired software company SRB Education Solutions

Acquisition Highlights
  • This is StarDyne Technologies’ 4th transaction in the Software sector.
  • This is StarDyne Technologies’ 4th transaction in Canada.
  • This is StarDyne Technologies’ 1st transaction in Ontario.
Investment Fate
  • SRB Education Solutions was divested to a consortium of strategic buyers in 2016.

M&A Deal Summary

Date 2006-04-01
Target SRB Education Solutions
Sector Software
Buyer(s) StarDyne Technologies
Deal Type Add-on Acquisition

Target

SRB Education Solutions

Markham, Ontario, Canada
SRB Education Solutions, Inc. is a provider of complementary administrative and ERP software solutions for K-12 school boards and districts in Ontario and throughout the Canadian provinces.

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Buyer(S) 1

Buyer

StarDyne Technologies

Kelowna, British Columbia, Canada

Category Company
Founded 2001
Sector Software
DESCRIPTION

StarDyne Technologies, Inc. is a provider of software and related services to the public sector, primarily local government and education markets. StarDyne offers, through its group companies, alternative and complimentary solutions to satisfy customer requirements.


DEAL STATS #
Overall 4 of 8
Sector: Software M&A 4 of 6
Type: Add-on Acquisition M&A Deals 4 of 8
State: Ontario M&A 1 of 3
Country: Canada M&A 4 of 7
Year: 2006 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-07-01 The Tempest Development Group

Surrey, British Columbia, Canada

The Tempest Development Group, Inc. is a provider of software suite for property and revenue generating systems, including Desktop Mapping, Bylaw Enforcement, Licensing, Centralized Cash Collection, Permits and Development Tracking, and Citizen Self-Service to the local government sector.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-03-01 Pacific Alliance Technologies

Burnaby, British Columbia, Canada

Pacific Alliance Technologies, Inc. is a provider of GIS, web-based mapping, and architectural and building design software and services.

Buy -