M&A Deal Summary

Chekhub Acquires Horizonline Technologies

On October 25, 2021, Chekhub acquired information technology company Horizonline Technologies

Acquisition Highlights
  • This is Chekhub’s 1st transaction in the Information Technology sector.
  • This is Chekhub’s 2nd transaction in the United States.
  • This is Chekhub’s 1st transaction in Florida.

M&A Deal Summary

Date 2021-10-25
Target Horizonline Technologies
Sector Information Technology
Buyer(s) Chekhub
Deal Type Add-on Acquisition

Target

Horizonline Technologies

Jacksonville, Florida, United States
Horizonline Technologies is a Florida-based firm specializing in mission-critical facility operations. Horizonline provides industry-leading functionality as a Computerized Maintenance Management System (CMMS) that enables companies to intelligently standardize, streamline, schedule, coordinate, and automate their maintenance management programs. Horizonline Technologies was founded in 2000 and is based in Jacksonville, Florida.

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Buyer(S) 1

Buyer

Chekhub

Cary, North Carolina, United States

Category Company
Sector Software
DESCRIPTION

Chekhub is an app-based operations management company that improves operations by bringing together assets, operations, teams, and schedules into one easy to use the system. Chekhub was founded in 2020 and is based in Cary, North Carolina.


DEAL STATS #
Overall 2 of 2
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
State: Florida M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2021 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-08-06 MOPstar

Frisco, Texas, United States

MOPstar helps data centers and other mission-critical facilities modernize their procedure implementation documents and checklists. MOPstar makes it easier to create and track operational procedures and checklists throughout their lifecycle. It’s a state-of-the-art system that helps to create, approve, monitor, schedule, and sign off on MOP, SOP, and EOP. MOPstar eliminates the cumbersome and time-consuming manual process of managing facility operations and maintenance procedures. MOPstar provides actionable intelligence that reduces errors and enables you to swiftly correct problems before they cause a system failure. MOPstar was formed in 2018 and is based in Frisco, Texas.

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