M&A Deal Summary

Convergint Acquires Alphacorp

On March 5, 2018, Convergint acquired information technology company Alphacorp from Hyland

Acquisition Highlights
  • This is Convergint’s 5th transaction in the Information Technology sector.
  • This is Convergint’s 13th transaction in the United States.
  • This is Convergint’s 1st transaction in Utah.

M&A Deal Summary
Date 2018-03-05
Target Alphacorp
Sector Information Technology
Buyer(s) Convergint
Sellers(s) Hyland
Deal Type Divestiture

Target

Alphacorp

West Valley City, Utah, United States
Alphacorp, Inc. is a provider of document management, agenda and minutes automation and other industry-leading software designed specifically for the government market. Alphacorp was founded in 1992 and is based in West Valley City, Utah.

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Buyer(S) 1

Buyer

Convergint

Schaumburg, Illinois, United States
Category Company
Founded 2001
Sector Safety/Security
DESCRIPTION

Convergint is a designer, installer, and services integrated building systems including electronic security, fire alarm, and life safety systems. Convergint was founded in 2001 and is based in Schaumburg, Illinois.

DEAL STATS #
Overall 19 of 56
Sector (Information Technology) 5 of 15
Type (Divestiture) 3 of 4
State (Utah) 1 of 1
Country (United States) 13 of 36
Year (2018) 1 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-12-18 Genesis Security Systems

Germantown, Maryland, United States

Genesis Security Systems LLC is specialize in design, installation, service and monitoring of Software House Access Control, IP Video (ExacqVision, Avigilon, IndigoVision) and UL-2050 Intrusion Detection Systems.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-05-03 Astrec Security

France

Astrec Security is a provider of security solutions to customers throughout Europe, with a focus in access control and video surveillance.

Buy -

Seller(S) 1

SELLER

Hyland

Westlake, Ohio, United States
Category Company
Founded 1991
Sector Software
DESCRIPTION

Hyland is a developer and marketer of enterprise content management (ECM) software. The company's OnBase enterprise content management solution is deployable at both the departmental and enterprise levels and provides organizations with unique, modular solutions that help them streamline their work processes and share information among their employees, business partners, and customers. Hyland was founded in 1991 and is based in Cleveland, Ohio.

DEAL STATS #
Overall 1 of 2
Sector (Information Technology) 1 of 1
Type (Divestiture) 1 of 2
State (Utah) 1 of 1
Country (United States) 1 of 2
Year (2018) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-02-15 Allscripts Healthcare Solutions - OneContent Business

Chicago, Illinois, United States

Allscripts Healthcare Solutions, Inc. - OneContent Business is a provider of healthcare content management needs.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-02-05 Learning Machine Technologies

New York City, New York, United States

Learning Machine Technologies, Inc. is a provider of blockchain credentialing solutions based on the Blockcerts open standard, enabling customers around the world to issue verifiable digital records at scale. Learning Machine is based in New York City.

Buy -
Mergr

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