M&A Deal Summary

ITRS Group Acquires Opsview

On July 30, 2021, ITRS Group acquired information technology company Opsview

Acquisition Highlights
  • This is ITRS Group’s 1st transaction in the Information Technology sector.
  • This is ITRS Group’s 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2021-07-30
Target Opsview
Sector Information Technology
Buyer(s) ITRS Group
Deal Type Add-on Acquisition

Target

Opsview

Reading, United Kingdom
Opsview is a modern, scalable monitoring platform that provides unified insight into dynamic IT operations on-premises, in the cloud, or hybrid. The company's customers include Sky, Cisco, IBM, Comcast, AXA, Allianz, British Telecom, Norfolk Southern, CIT, Fujitsu, HMRC, and AAA. Opsview was formed in 2005 and is based in Reading, United Kingdom.

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Buyer(S) 1

Buyer

ITRS Group

London, United Kingdom

Category Company
Founded 1997
Sector Software
Revenue 16M GBP (2014)
DESCRIPTION

ITRS Group is an international software vendor to the financial services sector, offering real-time monitoring and analytics software. The company provides solutions to transform masses of business and machine data into actionable insights, supporting better systems and business performance. ITRS serves more than 170 global clients, including 9 out of the top 10 investment banks, as well as exchanges and trading venues, hedge funds, and brokers and vendors. ITRS Group was founded in 1997 and is based in London, United Kingdom.


DEAL STATS #
Overall 2 of 2
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
Country: United Kingdom M&A 1 of 1
Year: 2021 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-08-14 OP5 AB

Kista, Sweden

OP5 AB is an IT monitoring and log analysis technology built by enhancing the open source software of Nagios/Naemon and ELK (ElasticSearch, Logstash & Kibana). OP5 AB was founded in 2004 and is based in Kista, Sweden.

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