M&A Deal Summary

M-Files Acquires Apprento

On August 22, 2017, M-Files acquired information technology company Apprento

Acquisition Highlights
  • This is M-Files’ 2nd transaction in the Information Technology sector.
  • This is M-Files’ 1st transaction in Canada.
  • This is M-Files’ 1st transaction in New Brunswick.

M&A Deal Summary
Date 2017-08-22
Target Apprento
Sector Information Technology
Buyer(s) M-Files
Deal Type Add-on Acquisition

Target

Apprento

Fredericton, New Brunswick, Canada
Apprento, Inc. is a Canadian-based provider of artificial intelligence and natural language processing technology solutions. Apprento technology automatically draws intelligence from text in unstructured content, which streamlines the process of classifying, processing and securing business information while also providing contextual insights on related content assets and workflows.

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Buyer(S) 1

Buyer

M-Files

Tampere, Finland
Category Company
Founded 1987
Sector Software
Employees162
Revenue 13M EUR (2013)
DESCRIPTION

M-Files develops document management software and provides cloud-based document management services. M-Files was founded in 1987 and is based in Tampere, Finland.

DEAL STATS #
Overall 2 of 4
Sector (Information Technology) 2 of 3
Type (Add-on Acquisition) 2 of 4
State (New Brunswick) 1 of 1
Country (Canada) 1 of 1
Year (2017) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-02-28 StreamDesign

Paris, France

StreamDesign is a consulting and information management services company. StreamDesign specializes in providing consulting and implementation of electronic document and enterprise information management solutions.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-06 Hubshare

Bezannes, France

Hubshare provides a secure digital workplace portal that enhances user and client engagement through collaborative working, secure file sharing, and project management. Hubshare was founded in 2015 and is based in Bezannes, France.

Buy -
Mergr

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