M&A Deal Summary

Nitro Software Acquires Connective

On November 9, 2021, Nitro Software acquired internet software and services company Connective for 70M EUR

Acquisition Highlights
  • This is Nitro Software’s 1st transaction in the Internet Software and Services sector.
  • This is Nitro Software’s largest (disclosed) transaction.
  • This is Nitro Software’s 1st transaction in Belgium.

M&A Deal Summary
Date 2021-11-09
Target Connective
Sector Internet Software and Services
Buyer(s) Nitro Software
Deal Type Add-on Acquisition
Deal Value 70M EUR

Target

Connective

Antwerp, Belgium
Connective is an eSign SaaS provider that focuses on serving the needs of enterprise and government customers that require high levels of trust, security, and regulatory compliance and offers expansive eID support alongside a powerful document workflow automation solution. Connective was founded in 2014 and is based in Antwerp, Belgium.

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Buyer(S) 1

Buyer

Nitro Software

San Francisco, California, United States
Category Company
Founded 2005
Sector Software
DESCRIPTION

Nitro Software, Inc. is a document productivity software company.

DEAL STATS #
Overall 2 of 2
Sector (Internet Software and Services) 1 of 1
Type (Add-on Acquisition) 2 of 2
Country (Belgium) 1 of 1
Year (2021) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-10-22 Daggerboard

Palo Alto, California, United States

Daggerboard,Inc. (doxIQ) is a provider of software tool for converting marketing documents into intelligent web assets that increase conversion rates, collect behavioral data and send view alerts.

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