1. Home >
  2. M&A >
  3. Add-on Acquisition >
  4. Italy >
  5. Enghouse Systems Acquires Reitek

M&A Deal Summary

Enghouse Systems Acquires Reitek

On May 8, 2015, Enghouse Systems acquired software company Reitek for 6M USD

Acquisition Highlights
  • This is Enghouse Systems’ 13th transaction in the Software sector.
  • This is Enghouse Systems’ 23rd largest (disclosed) transaction.
  • This is Enghouse Systems’ 1st transaction in Italy.

M&A Deal Summary
Date 2015-05-08
Target Reitek
Sector Software
Buyer(s) Enghouse Systems
Deal Type Add-on Acquisition
Deal Value 6M USD

Target

Reitek

Milan, Italy
Reitek S.p.A is a provider of omni‐channel contact center solutions for enterprises of all sizes including multinational corporations, mostly serving the Italian market. Reitek designs and develops integrated, omni‐channel contact center software products for small, medium or large organizations. The solutions can be deployed both on premise and in the cloud.

Search 214,981 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 22 of 53
Sector: Software M&A 13 of 33
Type: Add-on Acquisition M&A Deals 21 of 47
Country: Italy M&A 1 of 1
Year: 2015 M&A 2 of 4
Size (of disclosed) 23 of 23
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-03-03 CDRator A/S

Ballerup, Denmark

CDRator A/S is a provider of market solutions that automate billing and customer care functions for MVNO/E (mobile virtual network operators and enablers). CDRator is a self-care, post and pre-paid real time platform for mobile telecommunications companies and the machine-to-machine (M2M) market.

Buy $23M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-09-09 Aktavara AB

Stockholm, Sweden

Aktavara AB provides innovative software solutions for telecommunications service providers. Aktavara prides itself on being one software solution for any network technology from any vendor, with strong solutions for multi‐vendor, multi‐technology convergent networks. Aktavara’s turnkey software dramatically improves telecom and network operators’ efficiency in bringing services to their customers.

Buy -
Mergr

Solution for

Product

Company

Legal