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  6. Arcaccsoft Acquires Adagio Accounting

M&A Deal Summary

Arcaccsoft Acquires Adagio Accounting

On August 22, 2019, Arcaccsoft acquired software company Adagio Accounting

Acquisition Highlights
  • This is Arcaccsoft’s 1st transaction in the Software sector.
  • This is Arcaccsoft’s 1st transaction in Canada.
  • This is Arcaccsoft’s 1st transaction in British Columbia.

M&A Deal Summary
Date 2019-08-22
Target Adagio Accounting
Sector Software
Buyer(s) Arcaccsoft
Deal Type Add-on Acquisition
Advisor(s) Generational Group (Financial)

Target

Adagio Accounting

Vancouver, British Columbia, Canada
Softrak Systems, Inc. develops, publishes, and supports Adagio Accounting, a full line of accounting software, comprised of 19 modules targeted at small to medium-sized businesses. Softrak Systems was founded in 1985 and is based in Vancouver, British Columbia.

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Buyer(S) 1

Buyer

Arcaccsoft

United States
Category Company
Sector Software
DESCRIPTION

Arcaccsoft Corp. is a software application company. Arcaccsoft is based in the United States.

DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: British Columbia M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2019 M&A 1 of 1
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