M&A Deal Summary

Avionte Acquires SimpleVMS

On August 1, 2023, Avionte acquired internet software and services company SimpleVMS

Acquisition Highlights
  • This is Avionte’s 2nd transaction in the Internet Software and Services sector.
  • This is Avionte’s 5th transaction in the United States.
  • This is Avionte’s 1st transaction in Ohio.

M&A Deal Summary

Date 2023-08-01
Target SimpleVMS
Sector Internet Software and Services
Buyer(s) Avionte
Deal Type Add-on Acquisition

Target

SimpleVMS

Cincinnati, Ohio, United States
SimpleVMS is a vendor-neutral vendor management system (VMS) developed by staffing industry professionals to enhance the relationships between clients and their staffing partners. SimpleVMS was founded in 2009 and is based in Cincinnati, Ohio.

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Buyer(S) 1

Buyer

Avionte

Bloomington, Minnesota, United States

Category Company
Founded 2005
Sector Staffing
DESCRIPTION
Avionte's corporate headquarters in Eagan, Minnesota.
Avionte's corporate headquarters in Eagan, Minnesota.

Avionté is a provider of staffing and recruiting technology solutions for the human resources industry. Avionté delivers a fully integrated front and back office staffing software solution, including advanced reporting, compliance management and a large community of integration solution partners. Avionte was founded in 2005 and is based in Bloomington, Minnesota.


DEAL STATS #
Overall 5 of 6
Sector (Internet Software and Services) 2 of 2
Type (Add-on Acquisition) 5 of 6
State (Ohio) 1 of 1
Country (United States) 5 of 6
Year (2023) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-16 WorkN

Atlanta, Georgia, United States

WorkN is an online SaaS staffing platform featuring fully integrated mobile apps. WorkN helps staffing firms deliver innovative, touchless mobile talent solutions through the client portal for order entry, transparency, scheduling, reporting, and workforce management. WorkN was founded in 2015 and is based in Atlanta, Georgia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-08-22 AkkenCloud

Nashua, New Hampshire, United States

AkkenCloud specializes in providing comprehensive staffing and recruiting software solutions. AkkenCloud’s platform offers tools for managing front-office, middle-office, and back-office operations, tailored to enhance efficiency in the staffing and recruiting industry. AkkenCloud is based in Nashua, New Hampshire.

Buy -