M&A Deal Summary

Cloudfit Software Acquires Blockspace

On August 28, 2018, Cloudfit Software acquired software company Blockspace

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

M&A Deal Summary
Date 2018-08-28
Target Blockspace
Sector Software
Buyer(s) Cloudfit Software
Deal Type Add-on Acquisition

Target

Blockspace

Louisville, Kentucky, United States
Blockspace LLC is a software company specializing in connectivity, data and scale for Internet of Things (IoT) devices. Blockspace LLC is based in Louisville, Kentucky.

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Buyer(S) 1

Buyer

Cloudfit Software

Lynchburg, Virginia, United States
Category Company
Founded 2018
Sector Software
DESCRIPTION

Cloudfit Software, Inc. is a software company. CloudFit products and services make the Digital Transformation journey possible and profitable in the context of each organization. Cloudfit Software, Inc. was founded in 2018 and is based in Lynchburg, Virginia.

DEAL STATS #
Overall 1 of 1
Sector (Software) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Kentucky) 1 of 1
Country (United States) 1 of 1
Year (2018) 1 of 1
Mergr

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