M&A Deal Summary

Exadel Acquires Motion Software

On July 12, 2022, Exadel acquired software company Motion Software

Acquisition Highlights
  • This is Exadel’s 3rd transaction in the Software sector.
  • This is Exadel’s 1st transaction in Bulgaria.

M&A Deal Summary

Date 2022-07-12
Target Motion Software
Sector Software
Buyer(s) Exadel
Deal Type Add-on Acquisition

Target

Motion Software

Sofia, Bulgaria
Motion Software is a software engineering company), that specializes in blockchain, AI, analytics, healthcare, and eLearning. Motion Software was founded in 2015 and is based in Bulgaria.

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Buyer(S) 1

Buyer

Exadel

Walnut Creek, California, United States

Category Company
Founded 1998
Sector Software
DESCRIPTION

Exadel is a software engineering company that offers custom development services with R&D centers in North America and Eastern Europe. Exadel offers the specialized skills and product-development culture required to meet the needs of the most innovative enterprises. Exadel was founded in 1998 and is based in Walnut Creek, California.


DEAL STATS #
Overall 5 of 6
Sector (Software) 3 of 3
Type (Add-on Acquisition) 5 of 6
Country (Bulgaria) 1 of 1
Year (2022) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-06-22 CPQi

Toronto, Ontario, Canada

CPQi is a provider of digital transformation and managed services in the Americas, focused exclusively on financial services. CPQi was founded in 2007 and is based in Toronto, Ontario.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-11-07 Codete

Kraków, Poland

Codete is a software development and consulting services company advise on digitalization, develop and implement high-quality solutions, and augment our clients' teams with skilled IT specialists. Codete offers a wide variety of IT services from consulting to supporting our clients with the best specialists. Codete was founded in 2010 and is based in Kraków, Poland.

Buy -