M&A Deal Summary

Plentific Acquires X Tag

On November 19, 2020, Plentific acquired software company X Tag from Waterland Private Equity

Acquisition Highlights
  • This is Plentific’s 1st transaction in the Software sector.
  • This is Plentific’s 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2020-11-19
Target X Tag
Sector Software
Buyer(s) Plentific
Sellers(s) Waterland Private Equity
Deal Type Add-on Acquisition

Target

X Tag

Liverpool, United Kingdom
X Tag is an award-winning technology company that empowers housing providers to go beyond compliance with a group of safety-focused technology solutions. X Tag was founded in 2014 and is based in Liverpool, United Kingdom.

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Buyer(S) 1

Buyer

Plentific

London, United Kingdom

Category Company
Founded 2012
Sector Internet Software and Services
DESCRIPTION

Plentific is an end-to-end marketplace SaaS platform that empowers property managers to launch and manage their own fully flexible contractor solution. Plentific was founded in 2012 and is based in London, United Kingdom.


DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: United Kingdom M&A 1 of 1
Year: 2020 M&A 1 of 1

Seller(S) 1

SELLER

Waterland Private Equity

Bussum, Netherlands

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1999
PE ASSETS 14.0B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

Waterland Private Equity Investments BV is a private equity firm focused on mid-sized company investments in Central Europe. Waterland looks for businesses with €10 to €200 million in revenue and generally seeks companies operating in fragmented markets or industries undergoing change as a result of: outsourcing, the aging population, and a growing population with increased purchasing power. The Firm typically partners with entrepreneurs and management teams to accelerate the growth of their businesses or complete buyouts and consolidation strategies. Waterland Private Equity Investments was formed in 1999 and is based in Bussum, the Netherlands.


DEAL STATS #
Overall 43 of 58
Sector: Software M&A 1 of 4
Type: Add-on Acquisition M&A Deals 21 of 28
Country: United Kingdom M&A 1 of 4
Year: 2020 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-11-04 Xebia

Hilversum, Netherlands

Xebia is a digital company known for helping businesses worldwide digitally transform themselves by offering high-quality cloud, data, AI, Agile, DevOps, and software consultancy. Xebia has successfully launched several brands and continues to expand in line with its 'buy and build' strategy: partnering with thought leaders to gain additional footing in the digital space together. Xebia was founded in 2001 and is based in Hilversum, Netherlands.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-11-23 EnviDan

Silkeborg, Denmark

EnviDan is an environmental engineering company that delivers holistic solutions within water, wastewater, energy, and the environment, as well as financial consultancy combined with a broad palette of software solutions for the Danish, Norwegian, and Swedish utilities sector. EnviDan was founded in 1995 and has offices in Silkeborg, Denmark.

Buy -