M&A Deal Summary

SumTotal Systems Acquires SoftScape

On September 1, 2010, SumTotal Systems acquired software company SoftScape

Acquisition Highlights
  • This is SumTotal Systems’ 2nd transaction in the Software sector.
  • This is SumTotal Systems’ 2nd transaction in the United States.
  • This is SumTotal Systems’ 1st transaction in Massachusetts.

M&A Deal Summary

Date 2010-09-01
Target SoftScape
Sector Software
Buyer(s) SumTotal Systems
Deal Type Add-on Acquisition

Target

SoftScape

Wayland, Massachusetts, United States
Softscape is a provider of performance management, compensation, learning and other core HR management software products. It offers the Softscape Apex platform, a software suite that combines talent management, core HR management and on-boarding solutions.

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Buyer(S) 1

Buyer

SumTotal Systems

Gainesville, Florida, United States

Category Company
Founded 1985
Sector Software
Employees832
DESCRIPTION

SumTotal Systems is the HR software solution provider to deliver more than Human Capital Management with Talent Expansion, a whole new approach to discovering, developing, and unleashing the hidden potential within our customers' workforce. SumTotal Systems was founded in 1985 and is based in Gainesville, Florida.


DEAL STATS #
Overall 2 of 5
Sector: Software M&A 2 of 5
Type: Add-on Acquisition M&A Deals 2 of 5
State: Massachusetts M&A 1 of 1
Country: United States M&A 2 of 5
Year: 2010 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-10-04 Pathlore Software

Columbus, Ohio, United States

Pathlore Software Corp. is a provider of learning management software and services to industry and government worldwide.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-01-05 GeoLearning

West Des Moines, Iowa, United States

GeoLearning is the leading provider of on-demand learning and performance management technology platforms.

Buy -