M&A Deal Summary

Archer Acquires Atlas

On February 7, 2023, Archer acquired software company Atlas from Numo

Acquisition Highlights
  • This is Archer’s 2nd transaction in the Software sector.
  • This is Archer’s 2nd transaction in the United States.
  • This is Archer’s 1st transaction in Pennsylvania.

M&A Deal Summary
Date 2023-02-07
Target Atlas
Sector Software
Buyer(s) Archer
Sellers(s) Numo
Deal Type Divestiture

Target

Atlas

Pittsburgh, Pennsylvania, United States
Atlas is a cloud-native, secure document management application for risk, compliance, audit, and legal teams to manage policies, procedures, assessments, audits, and other business-critical documents. Atlas was formed in 2019 and is based in Pittsburgh, Pennsylvania.

Search 201,157 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Archer

Overland Park, Kansas, United States
Category Company
Sector Software
DESCRIPTION

Archer is a provider of governance, risk, and compliance (“GRC”) software solutions. Archer helps organizations of all sizes manage risk in the digital era on one configurable and integrated software platform, enabling the quick implementation of risk management processes based on industry standards and best practices. Archer is based in Overland Park, Kansas.

DEAL STATS #
Overall 2 of 4
Sector (Software) 2 of 2
Type (Divestiture) 1 of 1
State (Pennsylvania) 1 of 1
Country (United States) 2 of 4
Year (2023) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-01-01 Brabeion Software

Reston, Virginia, United States

Braberion is a provider of enterprise governance, risk and compliance (GRC) solution to Fortune clients, and it is expected to expand the exisiting GRC offerings of the acquirer firm.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-02-20 Compliance.ai

San Francisco, California, United States

Compliance.ai is a provider of artificial intelligence (AI)-driven regulatory change management solutions. Compliance.ai is based in San Francisco, California.

Buy -

Seller(S) 1

SELLER

Numo

Pittsburgh, Pennsylvania, United States
Category Company
Sector Information Technology
DESCRIPTION

Numo is a fintech incubator that identifies opportunities and builds fintech products from the ground up, leveraging in-house capabilities that span research, product design, software development, sales, and marketing, with the intent of spinning out viable, standalone companies. Numo is based in Pittsburgh, Pennsylvania.

DEAL STATS #
Overall 1 of 1
Sector (Software) 1 of 1
Type (Divestiture) 1 of 1
State (Pennsylvania) 1 of 1
Country (United States) 1 of 1
Year (2023) 1 of 1
Mergr

Product

Company

Legal