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  6. PowerPlan Acquires Riva Modeling Systems

M&A Deal Summary

PowerPlan Acquires Riva Modeling Systems

On February 8, 2016, PowerPlan acquired software company Riva Modeling Systems

Acquisition Highlights
  • This is PowerPlan’s 1st transaction in the Software sector.
  • This is PowerPlan’s 1st transaction in Canada.
  • This is PowerPlan’s 1st transaction in Ontario.

M&A Deal Summary
Date 2016-02-08
Target Riva Modeling Systems
Sector Software
Buyer(s) PowerPlan
Deal Type Add-on Acquisition

Target

Riva Modeling Systems

Toronto, Ontario, Canada
Riva Modeling Systems, Inc. is a developer of software to support long-range infrastructure asset management, investment planning and decision making.

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Buyer(S) 1

Buyer

PowerPlan

Atlanta, Georgia, United States
Category Company
Founded 1994
Sector Software
DESCRIPTION

PowerPlan, Inc. is a provider of asset-centric accounting, tax, budgeting and analytics software solutions for asset-intensive businesses. PowerPlan was founded in 1994 and is based in Atlanta, Georgia.

DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Ontario M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2016 M&A 1 of 1
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