M&A Deal Summary

Controltec Acquires COPA

On October 26, 2021, Controltec acquired software company COPA

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

M&A Deal Summary

Date 2021-10-26
Target COPA
Sector Software
Buyer(s) Controltec
Deal Type Add-on Acquisition

Target

COPA

Tarzana, California, United States
COPA provides web-based data management software solutions for Early Childhood Education programs and community services. COPA's solution is used by Head Start, Family Child Care, Early Head Start, State Funded Pre-K, locally designed and Community Action Programs across the nation to track, manage and monitor data, and report outcomes. COPA was founded in 2001 and is based in Tarzana, California.

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Buyer(S) 1

Buyer

Controltec

Escondido, California, United States

Category Company
Founded 1993
Sector Software
DESCRIPTION

Controltec is a provider of childcare subsidy management software to state governments and local childcare agencies. Controltec systems enable social service agencies and childcare providers to manage cases more efficiently, reduce clerical errors, remove worker frustration, and reduce fraud. Controltec was founded in 1993 and is based in Escondido, California.


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: 2021 M&A 1 of 1