M&A Deal Summary

Cyncly Acquires RFMS

On July 12, 2022, Cyncly acquired software company RFMS

Acquisition Highlights
  • This is Cyncly’s 6th transaction in the Software sector.
  • This is Cyncly’s 2nd transaction in the United States.
  • This is Cyncly’s 1st transaction in Alabama.

M&A Deal Summary

Date 2022-07-12
Target RFMS
Sector Software
Buyer(s) Cyncly
Deal Type Add-on Acquisition

Target

RFMS

Tuscaloosa, Alabama, United States
RFMS is a business management software provider serving the flooring market. RFMS provides an extensive range of solutions dedicated to the flooring industry including ERP, CRM, measuring & estimating applications, and payments. RFMS is based in Tuscaloosa, Alabama.

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Buyer(S) 1

Buyer

Cyncly

Borgenhaugen, Norway

Category Company
Founded 1989
Sector Software
DESCRIPTION

Cyncly is a global provider of specialized visualization, sales, manufacturing and content software and solutions for key retail, design and manufacturing industries. The Company’s connected platform includes Configure, Price, Quote software, online space planning, computer-aided design applications, business process management, manufacturing execution systems and enterprise resource planning. Cyncly was founded in 1989 and is based in Borgenhaugen, Norway.


DEAL STATS #
Overall 6 of 7
Sector (Software) 6 of 7
Type (Add-on Acquisition) 5 of 6
State (Alabama) 1 of 1
Country (United States) 2 of 2
Year (2022) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-15 contractERP

Farmingdale, New York, United States

Access IT offers its principal software contractERP and similar solutions to manage complex business, operational and manufacturing processes within the North American window & door and adjacent industries. contractERP is a business management software built for construction material supply, install, and service industries including architectural openings, building materials and windows & doors.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-09-04 Virtual Worlds

Milton Keynes, United Kingdom

Logicom is the owner of Virtual Worlds, a bathroom and kitchen software provider in the UK. Virtual Worlds offers solutions tailored to bathroom and kitchen retailers and manufacturers. The company has over 20 years’ experience in design, visualization, quoting and invoicing software. The company continues to be a pioneer of the industry with 4D technology-led solutions to provide consumers with a fully immersive buying experience.

Buy -