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M&A Deal Summary

Escape Technology Acquires Software Answers

On January 31, 2018, Escape Technology acquired software company Software Answers

Acquisition Highlights
  • This is Escape Technology’s 1st transaction in the Software sector.
  • This is Escape Technology’s 1st transaction in the United States.
  • This is Escape Technology’s 1st transaction in Ohio.

M&A Deal Summary
Date 2018-01-31
Target Software Answers
Sector Software
Buyer(s) Escape Technology
Deal Type Add-on Acquisition

Target

Software Answers

Brecksville, Ohio, United States
Formed in 1994, Software Answers, Inc. is a provider of solutions that support student/classroom management and academic achievement for K-12 school districts based in Brecksville, Ohio.

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Buyer(S) 1

Buyer

Escape Technology

Roseville, California, United States
Category Company
Founded 1985
Sector Software
DESCRIPTION

Escape Technology is a developer of finance, HR and payroll processing software solutions for the business departments of educational organizations. Escape Technology was established in 1985 and is headquartered in Roseville, California.

DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Ohio M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2018 M&A 1 of 1
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