M&A Deal Summary

Planbox Acquires IdeaConnection

On May 12, 2020, Planbox acquired internet software and services company IdeaConnection

Acquisition Highlights
  • This is Planbox’s 1st transaction in the Internet Software and Services sector.
  • This is Planbox’s 1st transaction in Canada.
  • This is Planbox’s 1st transaction in Quebec.

M&A Deal Summary

Date 2020-05-12
Target IdeaConnection
Sector Internet Software and Services
Buyer(s) Planbox
Deal Type Add-on Acquisition

Target

IdeaConnection

Laval, Quebec, Canada
IdeaConnection Ltd. is an open innovation cloud-based platform and marketplace for companies, large and small, access to the millions of brilliant minds that are eager to tackle difficult and exciting challenges with the following services: Prize-based theoretical problem-solving, crowdsourcing, technology scouting, technical challenge writing, specialized skilled staff augmentation, and prior art citation search. IdeaConnection is based in Laval, Quebec.

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Buyer(S) 1

Buyer

Planbox

Montreal, Quebec, Canada

Category Company
Founded 2009
Sector Software
DESCRIPTION

Planbox, Inc. is a provider of a full featured, yet easy to use cloud-based agile project management tool.


DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Quebec M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2020 M&A 1 of 1