M&A Deal Summary

Constellation Software Acquires DataNow

On December 3, 2007, Constellation Software acquired software company DataNow from Accel-KKR

Acquisition Highlights
  • This is Constellation Software’s 15th transaction in the Software sector.
  • This is Constellation Software’s 12th transaction in the United States.
  • This is Constellation Software’s 1st transaction in Idaho.

M&A Deal Summary

Date 2007-12-03
Target DataNow
Sector Software
Buyer(s) Constellation Software
Sellers(s) Accel-KKR
Deal Type Add-on Acquisition
Advisor(s) Shea & Company (Financial)

Target

DataNow

Twin Falls, Idaho, United States
DataNow LLC is a provider of financial management and Customer Information Systems (CIS) software solutions.

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Buyer(S) 1

Buyer

Constellation Software

Toronto, Ontario, Canada

Category Company
Founded 1995
Sector Software
Employees19,000
Revenue 10.1B USD (2024)
DESCRIPTION

Constellation acquires, manages and builds vertical market software businesses that provide mission-critical software solutions to address the specific needs of its customers in those industries. Constellation Software was founded in 1995 and is based in Toronto, Ontario.


DEAL STATS #
Overall 17 of 50
Sector: Software M&A 15 of 41
Type: Add-on Acquisition M&A Deals 14 of 41
State: Idaho M&A 1 of 1
Country: United States M&A 12 of 34
Year: 2007 M&A 9 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-12-03 Systems & Software

Williston, Vermont, United States

Systems & Software, Inc. is a provider of customer information systems and financial management systems to the utility industry.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-01-09 SettlementRoom Systems

United States

SettlementRoom offers solutions for real estate closing processes.

Buy -

Seller(S) 1

SELLER

Accel-KKR

Menlo Park, California, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2000
PE ASSETS 19.0B USD
Size Mega
Type Sector Focused
DESCRIPTION

Accel-KKR is a private equity firm that seeks control and growth-oriented investments in middle-market technology companies. The Firm targets investments in public and private companies with revenues ranging from $15 to $150 million. Accel-KKR pursues transactions across multiple segments of the technology industry, including software, hardware and internet technologies, and IT enabled services. Accel-KKR's first fund was created in 2000 by Accel Partners and Kohlberg Kravis Roberts & Co. to invest in technology assets and businesses that were outside of each firm's core focus. Accel-KKR is based in Menlo Park, California.


DEAL STATS #
Overall 5 of 56
Sector: Software M&A 5 of 23
Type: Add-on Acquisition M&A Deals 5 of 29
State: Idaho M&A 1 of 1
Country: United States M&A 4 of 46
Year: 2007 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-11-13 Saber

Portland, Oregon, United States

Saber Corp. is a provider of software products and services that enabled government to better serve constituents. Saber 's focus was to partner with public sector clients to implement mission critical technology projects. Saber provided solutions that underpinned essential functions such as voter registration, election management, public retirement programs, human services, public health services, motor vehicles and unemployment insurance.

Sell $420M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-09-26 Alexander Gallo

Atlanta, Georgia, United States

Alexander Gallo Holdings LLC is the nation’s privately-owned court reporting and litigation support services company. Alexander Gallo Holdings is home to one of the largest base of court reporters in the country. Alexander Gallo was founded in 1999 and is based in Atlanta, Georgia.

Buy -