M&A Deal Summary

Global Software Acquires Globe Software Pty.

On February 27, 2017, Global Software acquired software company Globe Software Pty.

Acquisition Highlights
  • This is Global Software’s 1st transaction in the Software sector.
  • This is Global Software’s 1st transaction in Australia.

M&A Deal Summary

Date 2017-02-27
Target Globe Software Pty.
Sector Software
Buyer(s) Global Software
Deal Type Add-on Acquisition

Target

Globe Software Pty.

Perth, Australia
Globe Software Pty. Ltd. is a provider of reporting and data analytic software solutions to access, analyze and consume business information in Microsoft Office applications such as Excel, Word and PowerPoint.

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Buyer(S) 1

Buyer

Global Software

Raleigh, North Carolina, United States

Category Company
Founded 1973
Sector Software
DESCRIPTION

Global Software, Inc. is a provider of Microsoft Excel-based automation and reporting software solutions, including its flagship product Spreadsheet Server. Spreadsheet Server enables users to access operational and financial data across multiple platforms from within an Excel spreadsheet in order to produce dynamic reports with powerful drill-down capabilities. The Company’s core software offerings integrate with more than 60 leading enterprise resource planning platforms and automate data analytic processes for business and financial professionals. Global Software supports more than 2,500 customers and 50,000 users across more than 50 countries in enterprises ranging from small businesses to Fortune 500 firms.


DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Australia M&A 1 of 1
Year: 2017 M&A 1 of 1