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  6. Ivalua Acquires Directworks

M&A Deal Summary

Ivalua Acquires Directworks

On October 26, 2017, Ivalua acquired software company Directworks

Acquisition Highlights
  • This is Ivalua’s 1st transaction in the Software sector.
  • This is Ivalua’s 1st transaction in the United States.
  • This is Ivalua’s 1st transaction in Pennsylvania.

M&A Deal Summary
Date 2017-10-26
Target Directworks
Sector Software
Buyer(s) Ivalua
Deal Type Add-on Acquisition

Target

Directworks

Wexford, Pennsylvania, United States
Directworks is a provider of software for engineered product manufacturers to work collaboratively across teams and with suppliers to develop, launch and deliver more profitable products. Directworks is based in Wexford, Pennsylvania.

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Buyer(S) 1

Buyer

Ivalua

Redwood City, California, United States
Category Company
Founded 2000
Sector Software
Revenue 5M EUR (2025)
DESCRIPTION

Ivalua is a publisher in the e-buying solutions market. The solution’s main asset is the comprehensive integration of all the 22 functional modules within a single solution which can interface with the company’s other information systems. Available in SaaS and licence mode, the software package covers most purchasing department requirements: performance management, e-sourcing, e-procurement, management of supplier relations and risks. Ivalua was founded in 2000 and is based in Redwood City, California.

DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Pennsylvania M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2017 M&A 1 of 1
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