M&A Deal Summary

Ignite Technologies Acquires Everest Software

On July 18, 2019, Ignite Technologies acquired software company Everest Software from Versata Enterprises

Acquisition Highlights
  • This is Ignite Technologies’ 6th transaction in the Software sector.
  • This is Ignite Technologies’ 8th transaction in the United States.
  • This is Ignite Technologies’ 1st transaction in Virginia.

M&A Deal Summary

Date 2019-07-18
Target Everest Software
Sector Software
Buyer(s) Ignite Technologies
Sellers(s) Versata Enterprises
Deal Type Merger

Target

Everest Software

Dulles, Virginia, United States
Everest Software specializes in business enterprise solutions for small to mid-size firms with 1 to 1000 employees in retail, wholesale, distribution, mail order, service, and e-commerce. Everest Software was founded in 1994 and is based in Dulles, Virginia.

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Buyer(S) 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 STATS #
Overall 10 of 16
Sector: Software M&A 6 of 11
Type: Merger M&A Deals 2 of 3
State: Virginia M&A 1 of 1
Country: United States M&A 8 of 14
Year: 2019 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-07-18 TriActive

Austin, Texas, United States

TriActive is a provider of systems management on demand and innovator of MSP 2.0, uses a SaaS (Software-as-a-Service) model to dramatically improve service levels while reducing complexity and total cost of ownership (TCO). TriActive was founded in 1997 and is based in Austin, Texas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-02-17 Aclate

Austin, Texas, United States

Aclate acquires companies that offer proven, mission-critical, business-to-business solutions. The Company takes advantage of shared support services to handle day-to-day operations, allowing it to focus on relationships instead of transactions.

Buy -

Seller(S) 1

SELLER

Versata Enterprises

Austin, Texas, United States

Category Company
Founded 1989
Sector Software
DESCRIPTION

Versata Enterprises, Inc. is a provider of enterprise applications that automate and streamline critical business processes.


DEAL STATS #
Overall 3 of 4
Sector: Software M&A 2 of 3
Type: Merger M&A Deals 2 of 2
State: Virginia M&A 1 of 1
Country: United States M&A 3 of 4
Year: 2019 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-07-18 TriActive

Austin, Texas, United States

TriActive is a provider of systems management on demand and innovator of MSP 2.0, uses a SaaS (Software-as-a-Service) model to dramatically improve service levels while reducing complexity and total cost of ownership (TCO). TriActive was founded in 1997 and is based in Austin, Texas.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-10-27 Tenfold

Austin, Texas, United States

Tenfold is a customer experience integration platform enabling enterprises to modernize customer experience tools without having to replace legacy systems. The chosen partner for leading CRM and voice service providers, Tenfold provides tremendous power in transforming voice networks or contact center providers without impacting day-to-day operations. Tenfold was founded in 1993 and is based in Austin, Texas.

Sell -