Investment Summary

ESW Capital Exits Avolin

On October 14, 2021, IgniteTech invested in software company Avolin from ESW Capital

Investment Highlights
  • This is IgniteTech’s 1st transaction in the Software sector.
  • This is IgniteTech’s 2nd transaction in the United States.
  • This is IgniteTech’s 2nd transaction in Texas.

Investment Summary

Date 2021-10-14
Target Avolin
Sector Software
Investor(s) IgniteTech
Sellers(s) ESW Capital
Deal Type Add-on Acquisition

Target

Avolin

Austin, Texas, United States
Avolin provides critical software solutions to enterprises around the world. The company specializes in Customer Relationship Management, Knowledge Management, IT Support, and Supply Chain Management. Its solutions help over 1,400 customers in more than 50 countries provide outstanding customer service, keep their day-to-day operations running smoothly, and make intelligent decisions based on relevant and real-time data. Avolin was formed in 2018 and is based in Austin, Texas.

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Investor(S) 1

Investor

IgniteTech

Austin, Texas, United States

Category Company
Founded 2010
Sector Software
DESCRIPTION

IgniteTech is a software company that delivers on its promise of revitalizing enterprise software through the three pillars of the IgniteTech corporate vision: 1) to save and stabilize the software and businesses it acquires; 2) to innovate and transform products to the AWS cloud; and 3) to add unlimited value with its one-of-a-kind, Netflix-style software subscription, which includes all products in IgniteTech’s solution suites. IgniteTech was founded in 2010 and is based in Austin, Texas.


DEAL STATS #
Overall 2 of 4
Sector: Software M&A 1 of 3
Type: Add-on Acquisition M&A Deals 2 of 4
State: Texas M&A 2 of 2
Country: United States M&A 2 of 4
Year: 2021 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-10-23 Infer

Austin, Texas, United States

Infer is a provider of cloud-based platforms for data-powered business applications for companies. Infer was founded in 2010 and is based in Palo Alto, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-27 BryterCX

Greenwood Village, Colorado, United States

BryterCX is a provider of end-to-end customer journey solutions that take customer experience (CX) to the next level. BryterCX’s Journey Intelligence platform uses breakthrough AI and machine learning to provide users with robust journey insights that uncover clear business opportunities. BryterCX is based in Greenwood Village, Colorado.

Buy -

Seller(S) 1

DESCRIPTION

ESW Capital is a private investment group focused on acquiring software companies. ESW looks to acquire a variety of niche, established, companies across the US and Europe generating annual revenue of $5 to $100 million. Specific areas of interest include SaaS, enterprise software, tech-enabled managed services, and enterprise IT consulting. ESW Capital was established in 1988 and is headquartered in Austin, Texas.


DEAL STATS #
Overall 3 of 3
Sector: Software M&A 3 of 3
Type: Add-on Acquisition M&A Deals 2 of 2
State: Texas M&A 3 of 3
Country: United States M&A 3 of 3
Year: 2021 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-14 ZephyrTel

Austin, Texas, United States

ZephyrTel is a provider of software to the telecom industry. ZephyrTel currently serves the telecommunications industry worldwide with software products for retail, infrastructure, mobile, cloud, and customer experience. ZephyrTel was formed in 2018 and is headquartered in Austin, Texas.

Sell -