M&A Deal Summary

Digi Acquires Jolt

On August 18, 2025, Digi acquired software company Jolt for 146M USD

Acquisition Highlights
  • This is Digi’s 5th transaction in the Software sector.
  • This is Digi’s largest (disclosed) transaction.
  • This is Digi’s 14th transaction in the United States.
  • This is Digi’s 2nd transaction in Utah.

M&A Deal Summary

Date 2025-08-18
Target Jolt
Sector Software
Buyer(s) Digi
Deal Type Add-on Acquisition
Deal Value 146M USD

Target

Jolt

Lehi, Utah, United States
Jolt provides operations execution software that helps businesses achieve team accountability, digital food safety compliance, and improved employee performance. Jolt is based in Lehi, Utah.

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Buyer(S) 1

Buyer

Digi

Hopkins, Minnesota, United States

Category Company
Founded 1985
Sector Technology Hardware
Employees805
Revenue 424M USD (2024)
DESCRIPTION

Digi is an M2M solutions expert, combining products and services as end-to-end solutions to drive business efficiencies. The company provides a broad range of wireless products, a cloud computing platform tailored for devices, and development services to help customers get to market fast with wireless devices and applications. Its entire solution set is tailored to allow any device to communicate with any application, anywhere in the world. Digi was founded in 1985 and is based in Hopkins, Minnesota.


DEAL STATS #
Overall 18 of 18
Sector: Software M&A 5 of 5
Type: Add-on Acquisition M&A Deals 18 of 18
State: Utah M&A 2 of 2
Country: United States M&A 14 of 14
Year: 2025 M&A 1 of 1
Size (of disclosed) 1 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-02 Ventus

Norwalk, Connecticut, United States

Ventus is a provider of Managed Network-as-a-Service (NaaS) solutions that simplify the complexity of enterprise WAN connectivity. Ventus builds, hosts, deploys and manages secure, disruption-free WAN networks supported 24X7 by dedicated engineering, client, and support teams. Ventus was founded in 1999 and is based in Norwalk, Connecticut.

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