M&A Deal Summary

Cherwell Software Acquires Express Metrix

On August 7, 2014, Cherwell Software acquired software company Express Metrix

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

M&A Deal Summary

Date 2014-08-07
Target Express Metrix
Sector Software
Buyer(s) Cherwell Software
Deal Type Add-on Acquisition

Target

Express Metrix

Seattle, Washington, United States
Express Metrix develops the award-winning Express Software Manager product line, as well as the Apptria Technologies product line, which provides industry-leading software recognition functionality to original equipment manufacturer (OEM) partners such as IBM, BMC Software, and others.

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Buyer(S) 1

Buyer

Cherwell Software

Colorado Springs, Colorado, United States

Category Company
Founded 2004
Sector Software
DESCRIPTION

Cherwell Software LLC is an IT and enterprise service management, Cherwell Software empowers IT to lead through the use of powerful and intuitive technology that enables better, faster, and more affordable innovation. The Cherwell® Service Management platform is built from the ground up with a unique codeless architecture that enables rapid time to value, infinite flexibility, and frictionless upgrades every time—at a fraction of the cost and complexity of legacy solutions. Cherwell Software was founded in 2004 and is based in Colorado Springs, Colorado.


DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Washington M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2014 M&A 1 of 1