Divestiture • Software

Ignite Technologies Acquires Avolin - 12 New Software Solutions

On October 14, 2021, Ignite Technologies acquired software company Avolin - 12 New Software Solutions from Avolin

Acquisition Context
  • This is Ignite Technologies’ 11th transaction in the Software sector.
  • This is Ignite Technologies’ 13th transaction in the United States.
  • This is Ignite Technologies’ 8th transaction in Texas.

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M&A Deal Summary

Date October 14, 2021
Target Avolin - 12 New Software Solutions
Sector Software
Buyer(s) Ignite Technologies
Sellers(s) Avolin
Deal Type Divestiture

Target Company

Avolin - 12 New Software Solutions

Austin, Texas, United States
Avolin software suites includes CoreTrac, Agemni, StreetSmart, GoMembers, Vision, Prologic, Computron, Tradebeam, NS8, SupportSoft, Verdiem, and Knova.
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Buyer Overview 1

Buyer

Ignite Technologies

Frisco, Texas, United States

Category Company
Founded 2000
Sector Information Technology
DESCRIPTION

Ignite is a provider of secure and scalable Enterprise Content Delivery Solution to efficiently publish, deliver, and manage digital assets-from rich media content for training and communications to software patches and virus updates-to anyone, anywhere, at any time.


Deal Context for Buyer #
Overall 15 of 16
Sector: Software 11 of 11
Type: Divestiture 3 of 3
State: Texas 8 of 9
Country: United States 13 of 14
Year: 2021 5 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-17 Bizness Apps

Austin, Texas, United States

Bizness Apps is an app-building platform that allows small businesses to build mobile solutions that compete with big brands, making it possible for everyone to create an affordable mobile app for their business. Bizness Apps was founded in 2010 and is based in Austin, Texas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-05-03 Bizness Apps

Austin, Texas, United States

Bizness Apps is an app-building platform that allows small businesses to build mobile solutions that compete with big brands, making it possible for everyone to create an affordable mobile app for their business. Bizness Apps was founded in 2010 and is based in Austin, Texas.

Sell -

Seller Profile 1

SELLER

Avolin

Austin, Texas, United States

Category Company
Founded 2018
Sector Software
DESCRIPTION

Avolin provides critical software solutions to enterprises around the world. The company specializes in Customer Relationship Management, Knowledge Management, IT Support, and Supply Chain Management. Its solutions help over 1,400 customers in more than 50 countries provide outstanding customer service, keep their day-to-day operations running smoothly, and make intelligent decisions based on relevant and real-time data. Avolin was formed in 2018 and is based in Austin, Texas.


Deal Context for Seller #
Overall 1 of 1
Sector: Software 1 of 1
Type: Divestiture 1 of 1
State: Texas 1 of 1
Country: United States 1 of 1
Year: 2021 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-02-01 NS8

Las Vegas, Nevada, United States

NS8 is a comprehensive fraud prevention platform that combines behavioral analytics, real-time scoring, and global monitoring to help businesses minimize risk. NS8 also offers supplemental data through third-party extensions as well as seamless integrations with industry-leading ecommerce platforms that enable businesses to begin fighting fraud within minutes. NS8 was founded in 2016 and is based in Las Vegas, Nevada.

Buy -