M&A Deal Summary

Lapis Software Associates Acquires Mercedes-Benz of Northern Arizona

On December 19, 2023, Lapis Software Associates acquired automotive company Mercedes-Benz of Northern Arizona

Acquisition Highlights
  • This is Lapis Software Associates’ 1st transaction in the Automotive sector.
  • This is Lapis Software Associates’ 1st transaction in the United States.
  • This is Lapis Software Associates’ 1st transaction in Arizona.

M&A Deal Summary
Date 2023-12-19
Target Mercedes-Benz of Northern Arizona
Sector Automotive
Buyer(s) Lapis Software Associates
Deal Type Add-on Acquisition

Target

Mercedes-Benz of Northern Arizona

Flagstaff, Arizona, United States
Mercedes-Benz of Northern Arizona provides automotive dealership services. Mercedes-Benz of Northern Arizona is based in Flagstaff, Arizona.

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Buyer(S) 1

Buyer

Lapis Software Associates

Parsippany, New Jersey, United States
Category Company
Founded 1994
Sector Software
DESCRIPTION

Lapis Software Associates LLC is an international supplier of lottery sales force and retail performance applications ‘gem?Intelligence’ and ‘gemRetailer’, and also offers technology consulting services, focusing on high-performance, mission-critical distributed applications. Lapis Software Associates LLC was founded in 1994 and is based in Parsippany, New Jersey.

DEAL STATS #
Overall 1 of 1
Sector (Automotive) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Arizona) 1 of 1
Country (United States) 1 of 1
Year (2023) 1 of 1
Mergr

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