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  5. Escher Acquires Syslore

M&A Deal Summary

Escher Acquires Syslore

On September 5, 2021, Escher acquired software company Syslore

Acquisition Highlights
  • This is Escher’s 1st transaction in the Software sector.
  • This is Escher’s 1st transaction in Finland.

M&A Deal Summary
Date 2021-09-05
Target Syslore
Sector Software
Buyer(s) Escher
Deal Type Add-on Acquisition

Target

Syslore

Helsinki, Finland
Syslore develops the best performing address matching and recognition solutions for postal and logistics companies, helping them to cut operational costs, maximize mail sorting automation, and deliver physical and digital mail streams more efficiently. Syslore was founded in 2000 and is based in Helsinki, Finland.

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Buyer(S) 1

Buyer

Escher

Boston, Massachusetts, United States
Category Company
Founded 1989
Sector Software
DESCRIPTION

Escher is a provider of distributed messaging and data management solutions and services. Escher Group is a profitable, privately held company, currently employing over 80 individuals in four countries. Escher was founded in 1989 and is based in Boston, Massachusetts.

DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Finland M&A 1 of 1
Year: 2021 M&A 1 of 1
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