M&A Deal Summary

Axway Acquires AdValvas

On April 19, 2023, Axway acquired information technology company AdValvas

Acquisition Highlights
  • This is Axway’s 1st transaction in the Information Technology sector.
  • This is Axway’s 1st transaction in Belgium.

M&A Deal Summary

Date 2023-04-19
Target AdValvas
Sector Information Technology
Buyer(s) Axway
Deal Type Add-on Acquisition

Target

AdValvas

Sint-Martens-Latem, Belgium
AdValvas is a provider of an e-Invoicing and e-Delivery services for suppliers and buyers. AdValvas was founded in 2004 and is based in Sint-Martens-Latem, Belgium.

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Buyer(S) 1

Buyer

Axway

Scottsdale, Arizona, United States

Category Company
Founded 2000
Sector Software
Employees1,525
Revenue 319M EUR (2023)
DESCRIPTION
Axway's corporate headquarters in Phoenix, Arizona.
Axway's corporate headquarters in Phoenix, Arizona.

Axway is a provider of enterprise integration, security, and technology solutions. The Company offers a variety of managed file transfer solutions for business-to-business (B2B) needs. Axway was founded in 2000 and is based in Scottsdale, Arizona.


DEAL STATS #
Overall 8 of 9
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 8 of 8
Country: Belgium M&A 1 of 1
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-10-20 Syncplicity

Denver, Colorado, United States

Syncplicity is a provider of cloud-based file management solutions. Syncplicity provides native cloud-based sync and share capabilities required by enterprise customers. Enterprise sync and share solutions are increasingly required by companies in response to the proliferation of mobile, social and cloud computing. Syncplicity was founded in 2007 and is based in Denver, Colorado.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-02-21 Sopra Banking Software

Annecy-le-Vieux, France

Sopra Banking Software is a provider of software and IT services for banks and financial institutions. Sopra Banking Software offers software, integration, support, and advice services according to customers’ needs. Sopra Banking Software was founded in 2012 and is based in Annecy-le-Vieux, France.

Buy €330M