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M&A Deal Summary

Acronis Acquires GroupLogic

On September 7, 2012, Acronis acquired software company GroupLogic

Acquisition Highlights
  • This is Acronis’ 1st transaction in the Software sector.
  • This is Acronis’ 1st transaction in the United States.
  • This is Acronis’ 1st transaction in Vermont.

M&A Deal Summary
Date 2012-09-07
Target GroupLogic
Sector Software
Buyer(s) Acronis
Deal Type Add-on Acquisition
Advisor(s) Signal Hill Capital (Financial)

Target

GroupLogic

Arlington, Vermont, United States
GroupLogic, Inc. provides software products help enterprise IT organizations enable enterprise users to connect, communicate and collaborate in an easy to manage and secure environment, regardless of platform. GroupLogic delivers easy-to-install, affordable products that integrate existing and emerging platforms and devices into the IT ecosystem, so IT organizations can differentiate competitively, improve employee productivity, mitigate risk and reduce IT hardware costs.

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Buyer(S) 1

Buyer

Acronis

Schaffhausen, Switzerland
Category Company
Founded 2003
Sector Internet Software and Services
DESCRIPTION

Acronis is a provider of virtualization, the explosion of data creation and the opportunities Cloud services offer are bringing new challenges to maintaining effective backup and disaster recovery programs for critical data. Acronis was founded in 2003 and is based in Schaffhausen, Switzerland.

DEAL STATS #
Overall 1 of 6
Sector: Software M&A 1 of 4
Type: Add-on Acquisition M&A Deals 1 of 6
State: Vermont M&A 1 of 1
Country: United States M&A 1 of 4
Year: 2012 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-09-02 BackupAgent BV

Delft, Netherlands

BackupAgent BV the pioneering company in cloud backup.

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Mergr

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