M&A Deal Summary

Lever Technology Acquires Retriever

On February 22, 2023, Lever Technology acquired information technology company Retriever

Acquisition Highlights
  • This is Lever Technology’s 1st transaction in the Information Technology sector.
  • This is Lever Technology’s 1st transaction in the United States.
  • This is Lever Technology’s 1st transaction in Utah.

M&A Deal Summary

Date 2023-02-22
Target Retriever
Sector Information Technology
Buyer(s) Lever Technology
Deal Type Add-on Acquisition

Target

Retriever

Utah, United States
Retriever facilitates laptops and monitors returns for companies with remote employees. Since its founding, the company has helped thousands of companies across tech, telecom, consumer goods, law, finance, accounting, and healthcare get tens of thousands of devices returned quickly, safely, and reliably through a combination of seamless logistics and custom software designed to help organizations manage device returns at scale.

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Buyer(S) 1

Buyer

Lever Technology

Boca Raton, Florida, United States

Category Company
Sector Business Services
DESCRIPTION

Lever Technology was founded to acquire positive cash-flow software businesses. The firm has acquired twelve operating companies over the years and uses its operating leverage to scale. It remains committed to its existing portfolio and is always looking for new growth opportunities. Lever Technology is based in Boca Raton, Florida.


DEAL STATS #
Overall 1 of 1
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Utah) 1 of 1
Country (United States) 1 of 1
Year (2023) 1 of 1