M&A Deal Summary

Eque2 Acquires CLiP IT Solutions

On November 7, 2019, Eque2 acquired software company CLiP IT Solutions

Acquisition Highlights
  • This is Eque2’s 2nd transaction in the Software sector.
  • This is Eque2’s 2nd transaction in the United Kingdom.

M&A Deal Summary

Date 2019-11-07
Target CLiP IT Solutions
Sector Software
Buyer(s) Eque2
Deal Type Add-on Acquisition

Target

CLiP IT Solutions

Somerset, United Kingdom
CLiP IT Solutions Ltd. provides construction accounting software which manages a construction company’s job costing, CIS, applications, accounts, retentions, and payroll. CLiP IT Solutions Ltd. was founded in 2002 and is based in Somerset, United Kingdom.

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Buyer(S) 1

Buyer

Eque2

Maidenhead, United Kingdom

Category Company
Founded 2013
Sector Software
DESCRIPTION

Eque2 provides business management software to customers in the construction, housebuilding, and contracting industries. The company's software enables builders, contractors, architects, engineers, and estimators to integrate the commercial and financial aspects of their business, driving efficiencies and ultimately improving profitability. Eque2 was founded in 2013 and is based in Maidenhead, United Kingdom.


DEAL STATS #
Overall 2 of 2
Sector: Software M&A 2 of 2
Type: Add-on Acquisition M&A Deals 2 of 2
Country: United Kingdom M&A 2 of 2
Year: 2019 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-05-29 JNC Construction Software

Birmingham, United Kingdom

JNC Solutions Ltd. is a provider of construction accounting and job costing software solutions for Sage 50 Accounts. JNC Solutions Ltd. was established in 1994 and is based in Birmingham, United Kingdom.

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