M&A Deal Summary

Applied Software Technology Acquires Tekni Consulting

On February 22, 2016, Applied Software Technology acquired software company Tekni Consulting

Acquisition Highlights
  • This is Applied Software Technology’s 2nd transaction in the Software sector.
  • This is Applied Software Technology’s 2nd transaction in the United States.
  • This is Applied Software Technology’s 1st transaction in Missouri.

M&A Deal Summary
Date 2016-02-22
Target Tekni Consulting
Sector Software
Buyer(s) Applied Software Technology
Deal Type Add-on Acquisition

Target

Tekni Consulting

Chesterfield, Missouri, United States
Tekni Consulting LLC (The Tekni Group) is a reseller of autodesk software for the manufacturing marketplace.

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Buyer(S) 1

Buyer

Applied Software Technology

Atlanta, Georgia, United States
Category Company
Founded 1982
Sector Information Technology
DESCRIPTION

Applied Software Technology is a full-service professional services firm serving the AEC and manufacturing industries, as well as a leading Building Information Modeling (BIM) services provider. Applied Software Technology was founded in 1982 and is based in Atlanta, Georgia.

DEAL STATS #
Overall 2 of 4
Sector (Software) 2 of 4
Type (Add-on Acquisition) 2 of 3
State (Missouri) 1 of 1
Country (United States) 2 of 4
Year (2016) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-10-05 Enceptia

San Antonio, Texas, United States

Enceptia is a design technology consulting firm providing innovative software solutions and services to the building, infrastructure and manufacturing industries.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-08-08 Technical Sales International

Austin, Texas, United States

Technical Sales International, Inc. is a provider of sales, consulting, training, data and support services for Autodesk fabrication software products Fabrication CADmep, Fabrication ESTmep and Fabrication CAMduct. Technical Sales International, Inc. was established in 2001 and is based in Austin, Texas.

Buy -
Mergr

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