M&A Deal Summary

Diamanti Acquires GroundWork Monitor

On February 2, 2022, Diamanti acquired software company GroundWork Monitor from Fox Technologies

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

M&A Deal Summary

Date 2022-02-02
Target GroundWork Monitor
Sector Software
Buyer(s) Diamanti
Sellers(s) Fox Technologies
Deal Type Divestiture

Target

GroundWork Monitor

West Hollywood, California, United States
GroundWork Monitor is a provider of performance and availability monitoring of hybrid cloud, container, application, server, network, and storage data systems. GroundWork Monitor was founded in 2004 and is based in West Hollywood, California.

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Buyer(S) 1

Buyer

Diamanti

San Jose, California, United States

Category Company
Sector Software
DESCRIPTION

Diamanti is a life-cycle management platform that streamlines Kubernetes applications and data management for global enterprises. Diamanti enhances the artificial intelligence-driven predictive analytics to unlock with Kubernetes, enabling finance, tech, travel, and utility companies, among others, to greatly scale monitoring of data in real-time with relatively minimal costs. Diamanti is based in San Jose, California.


DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2022 M&A 1 of 1

Seller(S) 1

SELLER

Fox Technologies

Grand Rapids, Michigan, United States

Category Company
Founded 2001
Sector Software
DESCRIPTION

Fox Technologies, Inc. is a provider of access management and governance software. Fox Technologies was founded in 2001 and is based in Grand Rapids, Michigan.


DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2022 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-02-17 GroundWork Monitor

West Hollywood, California, United States

GroundWork Monitor is a provider of performance and availability monitoring of hybrid cloud, container, application, server, network, and storage data systems. GroundWork Monitor was founded in 2004 and is based in West Hollywood, California.

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