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  6. Cayuse Acquires IT WORKS!

M&A Deal Summary

Cayuse Acquires IT WORKS!

On April 5, 2018, Cayuse acquired software company IT WORKS!

Acquisition Highlights
  • This is Cayuse’s 2nd transaction in the Software sector.
  • This is Cayuse’s 1st transaction in the United States.
  • This is Cayuse’s 1st transaction in District of Columbia.

M&A Deal Summary
Date 2018-04-05
Target IT WORKS!
Sector Software
Buyer(s) Cayuse
Deal Type Add-on Acquisition

Target

IT WORKS!

Washington, District of Columbia, United States
IT WORKS!, Inc. is a provider of Grant Management, Grant Accounting, Grant Financials, and Effort Certification software. IT Works provides solutions that address the different facets of grant and research management and has released products designed for administrators in colleges, universities, independent research institutes, and research hospitals. IT WORKS!, Inc. was established in 2003 and is based in Washington, District of Columbia.

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Buyer(S) 1

Buyer

Cayuse

Portland, Oregon, United States
Category Company
Founded 2017
Sector Software
DESCRIPTION

Cayuse provides a comprehensive research administration software platform for colleges and universities. The Company’s solutions help faculty members and administrators construct, submit, and manage research proposals & grants, which allows researchers to focus on research. Cayuse was formed in 2017 and is based in Portland, Oregon.

DEAL STATS #
Overall 2 of 2
Sector: Software M&A 2 of 2
Type: Add-on Acquisition M&A Deals 2 of 2
State: District of Columbia M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2018 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-03-01 Process Pathways

Calgary, Alberta, Canada

Process Pathways is a provider of research administration systems for universities, colleges, and health institutions. Process Pathways was established in 1999 and is based in Calgary, Alberta.

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