M&A Deal Summary

Formstack Acquires Formsite

On December 11, 2023, Formstack acquired internet software and services company Formsite

Acquisition Highlights
  • This is Formstack’s 2nd transaction in the Internet Software and Services sector.
  • This is Formstack’s 2nd transaction in the United States.
  • This is Formstack’s 1st transaction in Illinois.

M&A Deal Summary
Date 2023-12-11
Target Formsite
Sector Internet Software and Services
Buyer(s) Formstack
Deal Type Add-on Acquisition

Target

Formsite

Grove, Illinois, United States
Formsite is an online forms and surveys platform that creates Internet surveys to allow customers to build online forms and surveys without the need for programming knowledge. Formsite was formed in 1998 and is based in Grove, Illinois.

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Buyer(S) 1

Buyer

Formstack

Fishers, Indiana, United States
Category Company
Founded 2006
Sector Internet Software and Services
DESCRIPTION

Formstack is a secure workplace productivity platform built to produce ingenious solutions to the everyday work that slows organizations down. Formstack was launched in 2006 and is headquartered in Fishers, Indiana.

DEAL STATS #
Overall 3 of 4
Sector (Internet Software and Services) 2 of 3
Type (Add-on Acquisition) 2 of 3
State (Illinois) 1 of 1
Country (United States) 2 of 3
Year (2023) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-02-27 Bedrock Data

Boston, Massachusetts, United States

Bedrock Data, Inc. is an online data integration platform that syncs customer data between systems through pre-built connectors, gives Formstack customers immediate access to 14 advanced integrations, including Microsoft Dynamics, Oracle NetSuite, HubSpot, and Marketo. Bedrock Data, Inc. was founded in 2012 and is based in Boston, Massachusetts.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-06-11 Open Raven

Los Angeles, California, United States

Open Raven is a data management and security company. The Company provides 360-degree cloud data visibility, eliminates unnecessary costs and risks, and streamlines compliance. Open Raven was formed in 2019 and is headquartered in Los Angeles, California.

Buy -
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