M&A Deal Summary

CaseWare Acquires Extractly

On January 21, 2025, CaseWare acquired information technology company Extractly

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

M&A Deal Summary

Date 2025-01-21
Target Extractly
Sector Information Technology
Buyer(s) CaseWare
Deal Type Add-on Acquisition

Target

Extractly

North Wollongong, Australia
Extractly provides intelligent document processing solutions that streamline the audit process for accounting and finance teams. The company offers solutions that understand and process accounting and financial documents, delivering actionable results and enabling automated workflows. Extractly was formed in 2021 and is based in North Wollongong, Australia.

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Buyer(S) 1

Buyer

CaseWare

Toronto, Ontario, Canada

Category Company
Founded 1988
Sector Software
DESCRIPTION

CaseWare develops cutting-edge audit software solutions for accounting firms, corporations, and governments. CaseWare’s platforms – Working Papers and IDEA – aim to change the future of audit and audit analytics by adopting cloud technology as well as artificial intelligence and machine learning, enabling measurable returns on efficiency, quality and value, for customers and their clients. CaseWare was formed in 1988 and is based in Toronto, Ontario.


DEAL STATS #
Overall 4 of 4
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 3 of 3
Country: Australia M&A 1 of 1
Year: 2025 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-01-07 LeaseJava

Atlanta, Georgia, United States

LeaseJava is a software-as-a-service (SaaS) solution designed and developed by leasing standards experts. The company enables audit firms, corporations, and non-profit/government entities to manage their leases and ensure compliance with accounting standards such as ASC 842, IFRS 16, and GASB 87. It provides support for lease modifications without the need to create a new lease, as modifications can easily be added to existing leases, considerably simplifying the process for auditors. LeaseJava is based in Atlanta, Georgia.

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