M&A Deal Summary

Enghouse Systems Acquires Espial Group

On March 25, 2019, Enghouse Systems acquired software company Espial Group for 57M CAD

Acquisition Highlights
  • This is Enghouse Systems’ 24th transaction in the Software sector.
  • This is Enghouse Systems’ 2nd largest (disclosed) transaction.
  • This is Enghouse Systems’ 3rd transaction in Canada.
  • This is Enghouse Systems’ 2nd transaction in Ontario.

M&A Deal Summary

Date 2019-03-25
Target Espial Group
Sector Software
Buyer(s) Enghouse Systems
Deal Type Add-on Acquisition
Deal Value 57M CAD

Target

Espial Group

Ottawa, Ontario, Canada
Espial Group, Inc. is a provider of advanced video technologies, software development and integration. Espial’s solution portfolio includes client, server and cloud software products along with system integration services to help service providers launch next-generation video offerings. Espial Group, Inc. was founded in 1997 and is headquartered in Ottawa, Canada.

Search 215,029 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Enghouse Systems

Markham, Ontario, Canada

Category Company
Founded 1984
Sector Software
Employees1,932
Revenue 502M CAD (2024)
DESCRIPTION
Enghouse Systems' corporate headquarters in Markham, Ontario.
Enghouse Systems' corporate headquarters in Markham, Ontario.

Enghouse Systems is a developer of software products for Automated Mapping/Facilities Management/Geographic Information Systems ('AM/FM/GIS') for the telecommunications and utilities industries. Enghouse Systems was founded in 1984 and is based in Markham, Ontario.


DEAL STATS #
Overall 36 of 53
Sector: Software M&A 24 of 33
Type: Add-on Acquisition M&A Deals 33 of 47
State: Ontario M&A 2 of 2
Country: Canada M&A 3 of 3
Year: 2019 M&A 2 of 4
Size (of disclosed) 2 of 23
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-02-14 ProOpti AB

Stockholm, Sweden

ProOpti AB is a software provider in the Telecom Expense Management (“TEM”) and Technology Optimization Management (“TOM”) sectors. Its solutions include the complete management of telecom expenses, mobile UC charges for voice, data and services, and IT enterprise asset management, usage, and contract optimization.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-05-15 Vidyo

Hackensack, New Jersey, United States

Vidyo, Inc. is a provider of enterprise-class video software solutions that support visual communications across diverse end-points, networks of varying bandwidth and geographically dispersed locations. Vidyo, Inc. was founded in 2005 and is based in Hackensack, New Jersey.

Buy $40M