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  6. ThoughtExchange Acquires Sparrow Connected

M&A Deal Summary

ThoughtExchange Acquires Sparrow Connected

On January 15, 2025, ThoughtExchange acquired software company Sparrow Connected

Acquisition Highlights
  • This is ThoughtExchange’s 1st transaction in the Software sector.
  • This is ThoughtExchange’s 1st transaction in Canada.
  • This is ThoughtExchange’s 1st transaction in Alberta.

M&A Deal Summary
Date 2025-01-15
Target Sparrow Connected
Sector Software
Buyer(s) ThoughtExchange
Deal Type Add-on Acquisition

Target

Sparrow Connected

Edmonton, Alberta, Canada
Sparrow Connected provides internal communications solutions dedicated to revolutionizing how organizations worldwide connect and engage with their workforce. Their user-friendly platform seamlessly integrates with the Microsoft platform, empowering businesses to enhance internal communications on their own terms without extensive IT support. With an AI-powered omnichannel solution trusted by companies across 25 industries, the company streamlines internal communications processes, fostering collaboration and driving business outcomes. Sparrow Connected is based in Edmonton, Alberta.

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Buyer(S) 1

Buyer

ThoughtExchange

Rossland, British Columbia, Canada
Category Company
Sector Software
DESCRIPTION

ThoughtExchange is a survey and engagement platform that combines deep AI capabilities with proprietary qualitative survey methods to bridge the gap between quantitative sentiment and actionable solutions. ThoughtExchange is based in Rossland, British Columbia.

DEAL STATS #
Overall 1 of 1
Sector (Software) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Alberta) 1 of 1
Country (Canada) 1 of 1
Year (2025) 1 of 1
Mergr

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