Add-on Acquisition • Information Technology

Flexmis Acquires Spring

On December 4, 2017, Flexmis acquired information technology company Spring

Acquisition Context

This is Flexmis’ 1st transaction in the Information Technology sector.
This is Flexmis’ 1st transaction in the United States.
This is Flexmis’ 1st transaction in Alabama.

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M&A Deal Summary
Date	December 4, 2017
Target	Spring
Sector	Information Technology
Buyer(s)	Flexmis
Deal Type	Add-on Acquisition

Target Company

Spring

Huntsville, Alabama, United States

Solid Earth, Inc. is a real estate technology company. Solid Earth is based in Huntsville, Alabama.

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Buyer Overview 1

Buyer

Flexmis

Fargo, North Dakota, United States

Category	Company
Sector	Information Technology

DESCRIPTION

FBS is a MLS technology and one of the industry's three largest MLS technology providers with the Flexmls System. FBS is based in Fargo, North Dakota.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Information Technology	1 of 1
Type: Add-on Acquisition	1 of 1
State: Alabama	1 of 1
Country: United States	1 of 1
Year: 2017	1 of 1

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