M&A Deal Summary

CityBase Acquires The Department of Better Technology

On August 17, 2017, CityBase acquired software company The Department of Better Technology

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

M&A Deal Summary

Date 2017-08-17
Target The Department of Better Technology
Sector Software
Buyer(s) CityBase
Deal Type Add-on Acquisition

Target

The Department of Better Technology

Oakland, California, United States
The Department of Better Technology, Inc. is a provider of software. The Department of Better Technology was founded in 2013 and is based in Oakland, California.

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Buyer(S) 1

Buyer

CityBase

Chicago, Illinois, United States

Category Company
Founded 2014
Sector Internet Software and Services
DESCRIPTION

CityBase, Inc. is a developer of the cloud-based platform which connect back-office systems to give government agencies and utilities a better way to accept payments and deliver services.


DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2017 M&A 1 of 1