M&A Deal Summary

Bow River Capital Acquires Vitruvi

On July 19, 2023, private equity firm Bow River Capital acquired software company Vitruvi

Acquisition Highlights
  • This is Bow River Capital’s 3rd transaction in the Software sector.
  • This is Bow River Capital’s 3rd transaction in Canada.
  • This is Bow River Capital’s 2nd transaction in Alberta.

M&A Deal Summary
Date 2023-07-19
Target Vitruvi
Sector Software
Buyer(s) Bow River Capital
Deal Type Buyout (LBO, MBO, MBI)

Target

Vitruvi

Calgary, Alberta, Canada
Vitruvi is a utility construction management software that allows you to efficiently manage every aspect of your utility construction project. It's an end-to-end, GIS-based platform that connects all stakeholders, seamlessly, for unmatched project control and collaboration. Vitruvi was founded in 2016 and is based in Calgary, Alberta.

Search 201,292 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

Bow River Capital

Denver, Colorado, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2003
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Bow River Capital is a private equity firm that provides equity capital and mezzanine debt to high growth companies. The Firm targets businesses generating sales of $25 and $200 million and EBITDA of $5 to $20 million. Bow River will consider investments throughout the US and Canada, however, the Firm's primary focus is on opportunities in the Rocky Mountain and Western regions of the US and Canada. Target industries include manufacturing, distribution, transportation, business and consumer services, financial services, natural resources and real estate. The Firm will consider both control and minority positions. Bow River Capital was established in 2003 and is based in Denver, Colorado.

DEAL STATS #
Overall 26 of 28
Sector (Software) 3 of 3
Type (Buyout (LBO, MBO, MBI)) 6 of 6
State (Alberta) 2 of 2
Country (Canada) 3 of 3
Year (2023) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-09-13 HRSoft

Blue Bell, Pennsylvania, United States

HRSoft's SaaS platform is a low-code platform that empowers enterprises to take control of employee compensation, rewards, and performance management. HRSoft was founded in 2012 and is based in Blue Bell, Pennsylvania.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-10-05 Landmark Aquatic

Maryland Heights, Missouri, United States

Landmark Aquatic brings together Progressive Commercial Aquatics and Westport Pools to create a national platform offering innovative aquatic solutions from design and build to maintenance, repair, and renovation. Landmark Aquatic is based in Maryland Heights, Missouri.

Buy -
Mergr

Product

Company

Legal