Add-on Acquisition • Software

KPMG International Acquires Softline Systems & Integrators

On May 25, 1999, KPMG International acquired software company Softline Systems & Integrators for 79M USD

Acquisition Context
  • This is KPMG International’s 1st transaction in the Software sector.
  • This is KPMG International’s largest (disclosed) transaction.
  • This is KPMG International’s 1st transaction in the United States.
  • This is KPMG International’s 1st transaction in California.

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M&A Deal Summary

Date May 25, 1999
Target Softline Systems & Integrators
Sector Software
Buyer(s) KPMG International
Deal Type Add-on Acquisition
Deal Value 79M USD
Advisor(s) Boston Meridian Partners (Financial)

Target Company

Softline Systems & Integrators

California, United States
Softline Systems & Integrators, Inc., headquartered in San Jose, Calif., is a SAP National Implementation Partner and solutions provider.
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Buyer Overview 1

Buyer

KPMG International

Zurich, Switzerland

Category Company
Founded 1987
Sector Business Services
DESCRIPTION
KPMG office in central Stockholm, Sweden.
KPMG office in central Stockholm, Sweden.

KPMG is a provider of audit, tax and advisory services. KPMG International's member firms have 155,000 professionals, including more than 8,600 partners, in 155 countries. KPMG was established in 1987 and is based in Zurich, Switzerland.


Deal Context for Buyer #
Overall 1 of 22
Sector: Software 1 of 2
Type: Add-on Acquisition 1 of 19
State: California 1 of 2
Country: United States 1 of 10
Year: 1999 1 of 1
Size (of disclosed) 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2001-01-01 BearingPoint

Dallas, Texas, United States

BearingPoint, Inc., previously KPMG Consulting, is a business consulting, systems integration and managed services firm with approximately 16,000 employees. The company provides business and technology strategy, systems design, architecture, applications implementation, network, systems integration and managed services to Global 2000 companies, medium-sized businesses, government agencies and other organizations. These service offerings are designed to help clients generate revenue, reduce costs and access the information necessary to manage their businesses.

Sell -