M&A Deal Summary

Micron Systems Acquires XTRF

On September 15, 2016, Micron Systems acquired software company XTRF from K1 Investment Management

Acquisition Highlights
  • This is Micron Systems’ 1st transaction in the Software sector.
  • This is Micron Systems’ 1st transaction in Poland.

M&A Deal Summary

Date 2016-09-15
Target XTRF
Sector Software
Buyer(s) Micron Systems
Sellers(s) K1 Investment Management
Deal Type Merger

Target

XTRF

Krakow, Poland
XTRF enables customers to integrate their entire localization process in one globally accessible platform. The cloud-based system streamlines the management of complex translation and localization workflows by linking client requirements, internal processes, and vendor management in a seamless online environment. XTRF was formed in 2010 and is based in Krakow, Poland.

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Buyer(S) 1

Buyer

Micron Systems

Fair Lawn, New Jersey, United States

Category Company
Founded 1992
Sector Internet Software and Services
DESCRIPTION

Micron Systems provides a cloud-based talent management software suite a firm-wide solution for administrators, attorneys, accountants, professionals, and staff. Micron Systems was founded in 1992 and is based in Fair Lawn, New Jersey.


DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Merger M&A Deals 1 of 1
Country: Poland M&A 1 of 1
Year: 2016 M&A 1 of 1

Seller(S) 1

DESCRIPTION

K1 Investment Management, LLC is a West Coast US-based private equity firm investing in high-growth private companies across North America. The Firm has a special interest in enterprise software companies and looks to provide meaningful strategic and operational guidance when working with portfolio companies. K1 Investment Management was established in 2011 and is headquartered in El Segundo, California.


DEAL STATS #
Overall 1 of 15
Sector: Software M&A 1 of 8
Type: Merger M&A Deals 1 of 2
Country: Poland M&A 1 of 1
Year: 2016 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-08-18 Granicus

Denver, Colorado, United States

Granicus is a provider of cloud-based government transparency, legislative management and digital marketing solutions for government agencies across North America and the United Kingdom. Granicus was founded in 1999 and is based in Denver, Colorado.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-10-11 simPRO

Eight Mile Plains, Yukon Territory, Australia

simPRO Software is a provider of edge job management software for the trade service industry. The cloud-based system helps businesses work smarter, provide exceptional service, and maximize their profitability. The software is designed for operators in the electrical, plumbing, HVAC, and security industries. simPRO was founded in 2002 and is based in Eight Mile Plains, Australia.

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