Add-on Acquisition • Software

Envera Systems Acquires ABDi

On July 24, 2024, Envera Systems acquired software company ABDi

Acquisition Context

This is Envera Systems’ 1st transaction in the Software sector.
This is Envera Systems’ 1st transaction in the United States.
This is Envera Systems’ 1st transaction in Florida.

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M&A Deal Summary
Date	July 24, 2024
Target	ABDi
Sector	Software
Buyer(s)	Envera Systems
Deal Type	Add-on Acquisition

Target Company

ABDi

Boca Raton, Florida, United States

ABDi is a software development company that specializes in highly customizable community management and access control solutions for gated communities, condominiums, high-rise apartments, and country clubs throughout the country. ABDi is based in Boca Raton, Florida.

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Buyer Overview 1

Buyer

Envera Systems

Coconut Creek, Florida, United States

Category	Company
Founded	2007
Sector	Safety/Security

DESCRIPTION

Envera Systems provides remotely monitored electronic security services to gated communities, including live monitored access control at gated entry points and active video monitoring of common areas such as pools and club houses. Envera Systems was founded in 2007 and is based in Coconut Creek, Florida.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Software	1 of 1
Type: Add-on Acquisition	1 of 1
State: Florida	1 of 1
Country: United States	1 of 1
Year: 2024	1 of 1

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