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  6. StarDyne Technologies Acquires The Tempest Development Group

M&A Deal Summary

StarDyne Technologies Acquires The Tempest Development Group

On July 1, 2005, StarDyne Technologies acquired software company The Tempest Development Group

Acquisition Highlights
  • This is StarDyne Technologies’ 3rd transaction in the Software sector.
  • This is StarDyne Technologies’ 3rd transaction in Canada.
  • This is StarDyne Technologies’ 3rd transaction in British Columbia.
Investment Fate
  • The Tempest Development Group was divested to a consortium of strategic buyers in 2016.

M&A Deal Summary
Date 2005-07-01
Target The Tempest Development Group
Sector Software
Buyer(s) StarDyne Technologies
Deal Type Add-on Acquisition

Target

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.

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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 3 of 8
Sector (Software) 3 of 6
Type (Add-on Acquisition) 3 of 8
State (British Columbia) 3 of 4
Country (Canada) 3 of 7
Year (2005) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2003-04-01 Diamond Municipal Solutions

Kelowna, British Columbia, Canada

Diamond Municipal Solutions is an ERP solution focused on financial and revenue management software with over 300 public sector customers in North America.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-04-01 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.

Buy -
Mergr

Product

Company

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