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  6. NetSuite Acquires IQity Solutions

M&A Deal Summary

NetSuite Acquires IQity Solutions

On March 2, 2016, NetSuite acquired internet software and services company IQity Solutions

Acquisition Highlights
  • This is NetSuite’s 5th transaction in the Internet Software and Services sector.
  • This is NetSuite’s 7th transaction in the United States.
  • This is NetSuite’s 1st transaction in Pennsylvania.

M&A Deal Summary
Date 2016-03-02
Target IQity Solutions
Sector Internet Software and Services
Buyer(s) NetSuite
Deal Type Add-on Acquisition

Target

IQity Solutions

Wexford, Pennsylvania, United States
IQity Solutions LLC is a provider of cloud based software services.

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Buyer(S) 1

Buyer

NetSuite

San Mateo, California, United States
Category Company
Founded 1998
Sector Internet Software and Services
Employees4,682
Revenue 741M USD (2015)
DESCRIPTION

NetSuite, Inc. is a provider of cloud-based business management software. NetSuite helps companies manage core business processes with a single, fully integrated system covering ERP/financials, CRM, ecommerce, inventory and more. NetSuite was formed in 1998 and is based in San Mateo, California.

DEAL STATS #
Overall 8 of 8
Sector (Internet Software and Services) 5 of 5
Type (Add-on Acquisition) 8 of 8
State (Pennsylvania) 1 of 1
Country (United States) 7 of 7
Year (2016) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-06-09 Bronto Software

Durham, North Carolina, United States

Bronto Software, Inc. is a provider of cloud-based financials / ERP and omnichannel commerce software suites.

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