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  5. ControlUp Acquires Avacee

M&A Deal Summary

ControlUp Acquires Avacee

On December 9, 2020, ControlUp acquired internet software and services company Avacee

Acquisition Highlights
  • This is ControlUp’s 1st transaction in the Internet Software and Services sector.
  • This is ControlUp’s 1st transaction in the United States.

M&A Deal Summary
Date 2020-12-09
Target Avacee
Sector Internet Software and Services
Buyer(s) ControlUp
Deal Type Add-on Acquisition

Target

Avacee

United States
Avacee LLC is a cloud scalable platform for managing systems and devices everywhere. The combined platform will enable enterprise IT to identify performance issues, analyze their root causes, and automatically deploy fixes before employee productivity is negatively impacted.

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Buyer(S) 1

Buyer

ControlUp

Tel Aviv, California, Israel
Category Company
Founded 2012
Sector Software
DESCRIPTION

ControlUp is a provider of an easy-to-use ITOps analytics and management platform. ControlUp helps ITOps teams to monitor, analyze, and directly remediate problems in their on-premise, hybrid cloud, and cloud infrastructures. ControlUp was founded in 2012 and is based in Tel Aviv, Israel.

DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: United States M&A 1 of 1
Year: 2020 M&A 1 of 1
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