M&A Deal Summary

IFS Acquires Field Service Management

On August 1, 2017, IFS acquired software company Field Service Management

Acquisition Highlights
  • This is IFS’s 8th transaction in the Software sector.
  • This is IFS’s 3rd transaction in the United Kingdom.

M&A Deal Summary

Date 2017-08-01
Target Field Service Management
Sector Software
Buyer(s) IFS
Deal Type Add-on Acquisition

Target

Field Service Management

Fareham, United Kingdom
Field Service Management Ltd. is an implementation specialist of Field Service Management solutions. FSM are resellers of IFS Metrix Service Management & Mobile Data Solutions and IFS 360 Scheduling Solutions. Field Service Management Ltd. was established in 2006 and is based in Fareham, UK.

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Buyer(S) 1

Buyer

IFS

Linköping, Sweden

Category Company
Founded 1983
Sector Software
Employees3,700
DESCRIPTION

IFS develops and delivers cloud enterprise software for companies around the world who manufacture and distribute goods, build and maintain assets, and manage service-focused operations. Within our single platform, our industry specific products are innately connected to a single data model and use embedded digital innovation so that our customers can be their best when it really matters to their customers—at the Moment of Service. IFS was founded in 1983 and is based in Linköping, Sweden.


DEAL STATS #
Overall 8 of 21
Sector: Software M&A 8 of 16
Type: Add-on Acquisition M&A Deals 6 of 19
Country: United Kingdom M&A 3 of 5
Year: 2017 M&A 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-08-01 mplsystems

Warwick, United Kingdom

mplsystems Ltd. is a provider of omni-channel contact center and customer engagement software. mplsystems Ltd. was established in 1994 and is based in Warwick, UK.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-11-08 WorkWave

Holmdel, New Jersey, United States

WorkWave is a provider of an intuitive cloud-based field service management and fleet management solutions that help enterprising organizations with a mobile workforce transform their businesses. WorkWave was founded in 1984 and is based in Holmdel, New Jersey.

Buy -