Add-on Acquisition • Information Technology

Pluribus Technologies Acquires Assured Software

On May 2, 2019, Pluribus Technologies acquired information technology company Assured Software

Acquisition Context
  • This is Pluribus Technologies’ 1st transaction in the Information Technology sector.
  • This is Pluribus Technologies’ 1st transaction in Canada.
  • This is Pluribus Technologies’ 1st transaction in British Columbia.
Investment Fate
  • Assured Software was divested to a consortium of buyers in 2024.

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M&A Deal Summary

Date May 2, 2019
Target Assured Software
Sector Information Technology
Buyer(s) Pluribus Technologies
Deal Type Add-on Acquisition

Target Company

Assured Software

Vancouver, British Columbia, Canada
Assured Software provides an inventory packout and job management platform to restoration contractors who are managing contents on an insurance claim. Assured Software was founded in 1997 and is based in Vancouver, British Columbia.
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Buyer Overview 1

Buyer

Pluribus Technologies

Toronto, Ontario, Canada

Category Company
Founded 2017
Sector Software
DESCRIPTION

Pluribus Technologies is an acquirer of small B2B software companies. The Company looks to buy companies from owners and investors that are seeking a succession plan. Pluribus Technologies was founded in 2017 and and is based in Toronto, Ontario.


Deal Context for Buyer #
Overall 1 of 11
Sector: Information Technology 1 of 4
Type: Add-on Acquisition 1 of 11
State: British Columbia 1 of 1
Country: Canada 1 of 6
Year: 2019 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-12-18 TeleMED

Toronto, Ontario, Canada

TeleMED is a provider in the development of powerful solutions for managing non-invasive medical diagnostic data. TeleMED serves an array of verticals in the healthcare industry including community diagnostic laboratories, specialty clinics, occupational testing organizations, family physician groups and paramedical service providers. TeleMED was founded in 1998 and is based in Toronto, Ontario.

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