Add-on Acquisition • Information Services

Cora Group and C&R Software Acquire Spring Four

On September 4, 2024, Cora Group and C&R Software acquired information services company Spring Four

Acquisition Context
  • This is Cora Group’s 1st and C&R Software’s 1st transaction in the Information Services sector.
  • This is Cora Group’s 1st and C&R Software’s 1st transaction in the United States.
  • This is Cora Group’s 1st and C&R Software’s 1st transaction in Illinois.

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M&A Deal Summary

Date September 4, 2024
Target Spring Four
Sector Information Services
Buyer(s) Cora Group
C&R Software
Deal Type Add-on Acquisition

Target Company

Spring Four

Chicago, Illinois, United States
Spring Four is a company that provides a database-driven platform designed to connect consumers with local, vetted resources for financial and social services. Spring Four is based in Chicago, Illinois.
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Buyers Overview 2

Buyer

Cora Group

Markham, Ontario, Canada

Category Company
Sector Real Estate
DESCRIPTION

Cora Group is a real estate development and management company specialize in developing commercial real estate projects, including office buildings and mixed-use developments. Cora Group is based in Markham, Ontario.


Deal Context for Buyer #
Overall 1 of 2
Sector: Information Services 1 of 1
Type: Add-on Acquisition 1 of 2
State: Illinois 1 of 1
Country: United States 1 of 1
Year: 2024 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-12-19 Volanté Systems

Toronto, Ontario, Canada

Volanté Systems is a technology company that specializes in comprehensive and scalable Point-of-Sale (POS) software solutions tailored specifically to food service enterprises. Volanté Systems is based in Toronto, Ontario.

Buy -
Buyer

C&R Software

Fairfax, Virginia, United States

Category Company
Founded 2020
Sector Software
DESCRIPTION

C&R Software is a company that specializes in providing software solutions for debt collection and recovery management. C&R Software platform helps businesses in the financial services, healthcare, government, and utility sectors manage and optimize their accounts receivable processes. C&R Software was founded in 2020 and is based in Fairfax, Virginia.


Deal Context for Buyer #
Overall 1 of 1
Sector: Information Services 1 of 1
Type: Add-on Acquisition 1 of 1
State: Illinois 1 of 1
Country: United States 1 of 1
Year: 2024 1 of 1