M&A Deal Summary

Nobl Q Acquires Propel

On August 8, 2024, Nobl Q acquired information technology company Propel

Acquisition Highlights
  • This is Nobl Q’s 2nd transaction in the Information Technology sector.
  • This is Nobl Q’s 1st transaction in the United States.
  • This is Nobl Q’s 1st transaction in Florida.

M&A Deal Summary

Date 2024-08-08
Target Propel
Sector Information Technology
Buyer(s) Nobl Q
Deal Type Add-on Acquisition

Target

Propel

Miami Beach, Florida, United States
Propel is a software development company that delivers advanced technology solutions across the healthcare, finance, and manufacturing sectors. Propel is based in Miami Beach, Florida.

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Buyer(S) 1

Buyer

Nobl Q

Dallas, Texas, United States

Category Company
Founded 2004
Sector Information Technology
DESCRIPTION

Nobl Q is a provider of cloud solutions for customers offering state-of-the-art cloud ERP solutions based on SAP and Acumatica. The Company caters to key industries such as manufacturing, retail and consumer services, technology, distribution, e-commerce, construction, food services, and more. Nobl Q is based in Dallas, Texas.


DEAL STATS #
Overall 2 of 3
Sector (Information Technology) 2 of 2
Type (Add-on Acquisition) 2 of 3
State (Florida) 1 of 1
Country (United States) 1 of 2
Year (2024) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-12-18 Jeevan Technologies

Chennai, India

Jeevan Technologies is an IT player offering solutions in the Salesforce, ServiceNow and Microsoft technology space. Jeevan empowers its workforce to exceed customer expectations globally, fostering successful partnerships with leading organizations around the world. Jeevan is headquartered in Chennai, India.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-08-19 Corezi

Seattle, Washington, United States

Corezi specializes in cloud-based solutions and digital transformation services, with a strong focus on enhancing business efficiency and scalability, particularly in the Financial Services and SaaS sectors. The company offers customized technology strategies, including Cloud, Infra, AI engineering, IT modernization, and managed services, designed to help organizations optimize their operations. It delivers reliable solutions that align with clients' unique needs and long-term goals, ensuring that Financial Services and SaaS businesses can achieve seamless growth and transformation. Corezi is based in Seattle, Washington.

Buy -