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  5. Allego Acquires Refract Software

M&A Deal Summary

Allego Acquires Refract Software

On December 9, 2020, Allego acquired internet software and services company Refract Software

Acquisition Highlights
  • This is Allego’s 1st transaction in the Internet Software and Services sector.
  • This is Allego’s 1st transaction in the United Kingdom.

M&A Deal Summary
Date 2020-12-09
Target Refract Software
Sector Internet Software and Services
Buyer(s) Allego
Deal Type Add-on Acquisition

Target

Refract Software

Newcastle upon Tyne, United Kingdom
Refract Software Ltd. is a provider of sales engagement and conversation analytics that helps sales teams around the world improve conversations and close more deals. Refract Software is based in Newcastle upon Tyne, United Kingdom.

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Buyer(S) 1

Buyer

Allego

Waltham, Massachusetts, United States
Category Company
Founded 2013
Sector Internet Software and Services
DESCRIPTION

Allego is a provider of SaaS platform used by enterprise sales teams to deliver continuous, personalized, video-based training. Allego’s mobile-first platform is designed to drive faster onboarding, enhanced engagement, better long-term knowledge retention and improved customer interactions. Allego was founded in 2013 and is based in Waltham, Massachusetts.

DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: United Kingdom M&A 1 of 1
Year: 2020 M&A 1 of 1
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