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M&A Deal Summary

Menaitech Acquires SOURCEitHR

On July 3, 2017, Menaitech acquired business services company SOURCEitHR

Acquisition Highlights
  • This is Menaitech’s 1st transaction in the Business Services sector.
  • This is Menaitech’s 1st transaction in Jordan.

M&A Deal Summary
Date 2017-07-03
Target SOURCEitHR
Sector Business Services
Buyer(s) Menaitech
Deal Type Add-on Acquisition

Target

SOURCEitHR

Amman, Jordan
SOURCEitHR is a provider of HR outsourcing and consulting for corporations and institutions. SOURCEitHR was established in 2016 and is headquartered in Amman, Jordan.

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Buyer(S) 1

Buyer

Menaitech

Riyadh, Saudi Arabia
Category Company
Founded 2003
Sector Software
DESCRIPTION

Menaitech is a human resource management software company. Menaitech specializes in the development and provisioning of Human Capital Information Systems (HCIS) to both public and private organizations. Menaitech was founded in 2003 and is based in Riyadh, Saudi Arabia.

DEAL STATS #
Overall 1 of 1
Sector: Business Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Jordan M&A 1 of 1
Year: 2017 M&A 1 of 1
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