M&A Deal Summary

MOQ Acquires Skoolbag

On March 3, 2016, MOQ acquired internet software and services company Skoolbag for 3M USD

Acquisition Highlights
  • This is MOQ’s 1st transaction in the Internet Software and Services sector.
  • This is MOQ’s 2nd largest (disclosed) transaction.
  • This is MOQ’s 2nd transaction in Australia.

M&A Deal Summary

Date 2016-03-03
Target Skoolbag
Sector Internet Software and Services
Buyer(s) MOQ
Deal Type Add-on Acquisition
Deal Value 3M USD

Target

Skoolbag

Hamilton, Australia
Skoolbag is a provider of SaaS solutions for educational institutions, child-care centers and sports clubs. Skoolbag enables communication with parents or club members through a personalized smart phone or web applications and has a strong reputation and customer satisfaction level.

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Buyer(S) 1

Buyer

MOQ

North Sydney, Australia

Category Company
Founded 1990
Sector Information Technology
Revenue 71M AUD (2021)
DESCRIPTION

MOQ is a developer, builds and acquires complementary cloud focused technology businesses. Montech offers online tools for planning, development assessment and asset management software for the government and corporate sectors. MOQ was founded in 1990 and is based in North Sydney, Australia.


DEAL STATS #
Overall 2 of 2
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
Country: Australia M&A 2 of 2
Year: 2016 M&A 2 of 2
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-03-03 TETRAN Pty

Lane Cove, Australia

TETRAN Pty Ltd. is a managed IT services and professional services company.

Buy $9M