M&A Deal Summary

Ideagen Acquires Logen

On September 6, 2016, Ideagen acquired information technology company Logen

Acquisition Highlights
  • This is Ideagen’s 1st transaction in the Information Technology sector.
  • This is Ideagen’s 1st transaction in Bulgaria.

M&A Deal Summary

Date 2016-09-06
Target Logen
Sector Information Technology
Buyer(s) Ideagen
Deal Type Add-on Acquisition

Target

Logen

Sofia, Bulgaria
Logen Ltd. is a provider of integrated solutions to different market segments, such as audit, government, financial, security, etc. Logen provides total solutions, covering all aspects of customers’ needs, including: supply of software, installation, localization, maintenance and support, consultancy, training.

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Buyer(S) 1

Buyer

Ideagen

Ruddington, United Kingdom

Category Company
Founded 1993
Sector Software
Employees697
Revenue 66M GBP (2021)
DESCRIPTION

Ideagen is a software development business specializing in information management solutions for organizations that operate within industries that are subject to high regulatory standards. Ideagen was founded in 1993 and is based in Ruddington, United Kingdom.


DEAL STATS #
Overall 6 of 27
Sector: Information Technology M&A 1 of 4
Type: Add-on Acquisition M&A Deals 6 of 27
Country: Bulgaria M&A 1 of 1
Year: 2016 M&A 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-08-08 Covalent Software

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Covalent Software Ltd. is a cloud performance and governance management software vendors. It provides Corporate & Employee Performance Management and Governance, Compliance and Risk Management software solutions to both public and private sector organisations including the financial services market.

Buy £4M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-12-09 IPI Solutions

Nottingham, United Kingdom

IPI Solutions Ltd. is a software company, develops and commercialised a proprietary platform 'Visual IPI' which ensures design and manufacturing integrity for complex highly regulated programmes.

Buy £6M