M&A Deal Summary

TMA Systems Acquires Maxpanda

On March 14, 2023, TMA Systems acquired internet software and services company Maxpanda

Acquisition Highlights
  • This is TMA Systems’ 1st transaction in the Internet Software and Services sector.
  • This is TMA Systems’ 1st transaction in Canada.
  • This is TMA Systems’ 1st transaction in Manitoba.

M&A Deal Summary

Date 2023-03-14
Target Maxpanda
Sector Internet Software and Services
Buyer(s) TMA Systems
Deal Type Add-on Acquisition

Target

Maxpanda

Winnipeg, Manitoba, Canada
Maxpanda is a provider of cloud based facility maintenance management software that streamlines operations and enhances efficiency. Maxpanda was founded in 2004 and is based in Winnipeg, Manitoba.

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Buyer(S) 1

Buyer

TMA Systems

Tulsa, Oklahoma, United States

Category Company
Sector Software
DESCRIPTION

TMA Systems is a provider of advanced Computerized Maintenance Management Systems (CMMS) and Enterprise Asset Management Solutions (EAMS). The company's advanced solutions meet or exceed the needs of education, healthcare, corporate, government, telecommunication, transportation, manufacturing, and retail organizations. TMA Systems is based in Tulsa, Oklahoma.


DEAL STATS #
Overall 3 of 3
Sector (Internet Software and Services) 1 of 1
Type (Add-on Acquisition) 3 of 3
State (Manitoba) 1 of 1
Country (Canada) 1 of 1
Year (2023) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-02-23 Prime Technologies

Exton, Pennsylvania, United States

Prime Technologies expertise enables to provide clients with a well-structured, data-centric software platform that will improve and formalize their calibration and maintenance management practices. Prime Technologies was founded in 1989 and is based in Exton, Pennsylvania.

Buy -