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  5. Karelab Acquires Propulse

M&A Deal Summary

Karelab Acquires Propulse

On February 9, 2016, Karelab acquired internet software and services company Propulse

Acquisition Highlights
  • This is Karelab’s 1st transaction in the Internet Software and Services sector.
  • This is Karelab’s 1st transaction in Canada.

M&A Deal Summary
Date 2016-02-09
Target Propulse
Sector Internet Software and Services
Buyer(s) Karelab
Deal Type Add-on Acquisition

Target

Propulse

Canada
Propulse is an online platform for human resources management.

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Buyer(S) 1

Buyer

Karelab

Montreal, Quebec, Canada
Category Company
Founded 2003
Sector Internet Software and Services
DESCRIPTION

Karelab, Inc. is a provider of tools and personalized services for measuring and boosting performance, engagement and recognition in the workplace.

DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Canada M&A 1 of 1
Year: 2016 M&A 1 of 1
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