Add-on Acquisition • Software

BigHand Acquires PayneGroup

On November 21, 2019, BigHand acquired software company PayneGroup

Acquisition Context
  • This is BigHand’s 1st transaction in the Software sector.
  • This is BigHand’s 1st transaction in the United States.
  • This is BigHand’s 1st transaction in Washington.

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M&A Deal Summary

Date November 21, 2019
Target PayneGroup
Sector Software
Buyer(s) BigHand
Deal Type Add-on Acquisition

Target Company

PayneGroup

Seattle, Washington, United States
PayneGroup, Inc. is a software development company with products such as Metadata Assistant, Redact Assistant, and Outlook Send Assistant. PayneGroup, Inc. products are security-related and help to reduce or eliminate accidental data disclosure. Professional services include the authoring of 13 books on Microsoft Office software, high-end and end-user training, project management and support.
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Buyer Overview 1

Buyer

BigHand

London, United Kingdom

Category Company
Founded 1995
Sector Software
DESCRIPTION

BigHand provides the workflow software, including integrated speech recognition technology, that makes the creation, distribution and processing of voice files more efficient and secure. BigHand was founded in 1995 and is based in London, United Kingdom.


Deal Context for Buyer #
Overall 1 of 2
Sector: Software 1 of 2
Type: Add-on Acquisition 1 of 2
State: Washington 1 of 1
Country: United States 1 of 2
Year: 2019 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-02-02 Iridium Technology

Reno, Nevada, United States

Iridium Technology is a legal business intelligence and analytics software provider to law firms worldwide. The Company offers a combination of data-driven management tools that allow law firms to enhance their productivity and profitability. Iridium Technology was founded in 2009 and is based in Reno, Nevada.

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