M&A Deal Summary

N. Harris Computer Acquires Syscon Justice Systems

On October 26, 2017, N. Harris Computer acquired software company Syscon Justice Systems from Sverica and Vistara Growth

Acquisition Highlights
  • This is N. Harris Computer’s 22nd transaction in the Software sector.
  • This is N. Harris Computer’s 7th transaction in Canada.
  • This is N. Harris Computer’s 4th transaction in British Columbia.

M&A Deal Summary

Date 2017-10-26
Target Syscon Justice Systems
Sector Software
Buyer(s) N. Harris Computer
Sellers(s) Sverica
Vistara Growth
Deal Type Add-on Acquisition

Target

Syscon Justice Systems

Richmond, British Columbia, Canada
Syscon Justice Systems Ltd. is a provider of an Offender Management Systems, with major deployments in the US, Canada, UK, and Australia. Syscon offers a full suite of solutions, including prison management, jail management, trust accounting, inmate health records, probation and parole monitoring, and risk assessment tools.

Search 215,130 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

N. Harris Computer

Ottawa, Ontario, Canada

Category Company
Founded 1976
Sector Software
DESCRIPTION

N. Harris Computer Corp. is a provider of software solutions for utilities, healthcare, local governments, public safety, and schools throughout the US and Canada. Harris' focus is to acquire businesses with growth potential, manage them well and then build them for the future. N. Harris Computer Corp. was established in 1976 and is headquartered in Ottawa, Ontario.


DEAL STATS #
Overall 29 of 80
Sector: Software M&A 22 of 54
Type: Add-on Acquisition M&A Deals 25 of 66
State: British Columbia M&A 4 of 4
Country: Canada M&A 7 of 12
Year: 2017 M&A 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-09-22 MorCare

Chicago, Illinois, United States

MorCare provides care, quality, and risk and performance management solutions to the healthcare industry. MorCare’s population health management and performance outcomes management solutions help healthcare organizations manage the transition to value-based care while improving patient outcomes, satisfaction, and safety.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-12-16 Tenex Systems

King of Prussia, Pennsylvania, United States

TENEX Systems, Inc. is a provider of Internet capable, financial and student administrative software (grades K-12). Its applications are backed by dedicated and experienced support personnel who provide rapid response to the individual needs of clients. Because many staff members are former school district employees, TENEX is sensitive to the concerns of educators and understands the challenge of school administration. TENEX has been meeting the needs of schools since 1984 and is committed to producing the latest in both Student and Fund Accounting Software. The TENEX solution is in use at over 750 schools.

Sell -

Seller(S) 2

SELLER

Sverica

Boston, Massachusetts, United States

Investor Investor Investor Investor Investor


Category Growth Capital Firm
Founded 2001
PE ASSETS 2.2B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Sverica Capital Management is a private equity firm that invests in stable or growing, smaller companies with valued less than $250 million. Sverica looks to commit $25 to $75 million per transaction and primarily targets buyout or divestiture situations and avoids businesses in need of restructuring. Broad areas of interest include IT, business services, healthcare, light manufacturing, and industrials. The Firm generally seeks majority control investments, but will also selectively consider minority situations. Sverica Capital Management was formed in 2001 and has offices in Boston and San Francisco.


DEAL STATS #
Overall 17 of 28
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 8 of 15
State: British Columbia M&A 1 of 1
Country: Canada M&A 2 of 3
Year: 2017 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-08-10 Women s Health USA

Avon, Connecticut, United States

Women's Health USA is a national physician practice management organization focused on women’s health, including OBGYN and In Vitro Fertilization. WHUSA provides physician practices with a full suite of practice management solutions including revenue cycle management, payor contracting, EMR & technology management, financial & accounting, risk management, and others. Women's Health USA was established in 1997 and is based in Avon, Connecticut.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-02-01 Resonetics

Nashua, New Hampshire, United States

Resonetics is a pioneer in laser micro-manufacturing and provides contract manufacturing services to the life sciences industry. Resonetics designs build and integrate its own laser workstations to solve complex manufacturing challenges and has invested heavily in leading-edge technology. Resonetics was founded in 1987 and is based in Nashua, New Hampshire.

Sell -
DESCRIPTION

Vistara Capital Partners is a growth focused private equity firm that makes investments in technology and technology-enabled service companies across North America. The Firm looks to invest between $10 and $30 million in companies generating sales greater than $10 million. Vistara Capital Partners was formed in 2015 and is based in Vancouver, British Columbia.


DEAL STATS #
Overall 1 of 6
Sector: Software M&A 1 of 3
Type: Add-on Acquisition M&A Deals 1 of 3
State: British Columbia M&A 1 of 3
Country: Canada M&A 1 of 4
Year: 2017 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-09-21 Mobify

Vancouver, British Columbia, Canada

Mobify is a provider of Progressive Web Apps for e-commerce for retailers and brands that want to close the gap between desktop and mobile conversion rates, keep up with customer expectations and win loyal customer relationships. The Mobify Platform delivers a unified customer experience across mobile web and apps while building customer relationships through push notifications and store drivers. Mobify was founded in 2007 and is based in Vancouver, British Columbia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-11-13 Kore.ai

Orlando, Florida, United States

Kore.ai is a provider of an all-in-one conversational AI platform (as-a-service) that allows enterprises to build and deploy out-of-the-box or customized chatbots/virtual assistants for customers and workforces. Kore.ai was founded in 2013 and is based in Orlando, Florida.

Buy -