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  5. LucidWorks Acquires Twigkit

M&A Deal Summary

LucidWorks Acquires Twigkit

On May 10, 2017, LucidWorks acquired software company Twigkit

Acquisition Highlights
  • This is LucidWorks’ 1st transaction in the Software sector.
  • This is LucidWorks’ 1st transaction in the United Kingdom.

M&A Deal Summary
Date 2017-05-10
Target Twigkit
Sector Software
Buyer(s) LucidWorks
Deal Type Add-on Acquisition

Target

Twigkit

Cambridge, United Kingdom
Twigkit Ltd. is a software company specializing in user experiences for enterprise-grade search and big data applications. Twigkit is a Cambridge-based software company with offices in London and California, whose products empower anyone to rapidly build full-featured search applications with a great user experience. Twigkit is used by companies such as Rolls-Royce, Qualcomm, PricewaterhouseCoopers, The Financial Times, Vodafone, Thomson Reuters, The UK National Health Service, and BASF. Novitas FTCL advised the management and shareholders of Twigkit on the transaction.

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Buyer(S) 1

Buyer

LucidWorks

San Francisco, California, United States
Category Company
Founded 2007
Sector Software
DESCRIPTION

Lucidworks builds enterprise search solutions for some of the world's largest brands. Fusion, Lucidworks' advanced search platform, provides the enterprise-grade capabilities needed to design, develop, and deploy intelligent search apps at any scale. Companies across all industries, from consumer retail and healthcare to insurance and financial services, rely on Lucidworks every day to power their consumer-facing and enterprise search apps.

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