M&A Deal Summary

ProcessMaker Acquires Doculayer

On September 27, 2022, ProcessMaker acquired information technology company Doculayer

Acquisition Highlights
  • This is ProcessMaker’s 1st transaction in the Information Technology sector.
  • This is ProcessMaker’s 1st transaction in the Netherlands.

M&A Deal Summary

Date 2022-09-27
Target Doculayer
Sector Information Technology
Buyer(s) ProcessMaker
Deal Type Add-on Acquisition

Target

Doculayer

The Hague, Netherlands
Doculayer is a next-generation intelligent document processing solution that classifies and extracts meaning and data from documents. It delivers the following advantages for Intelligent Document Processing (IDP): Low-Code Toolset for deploying IDP, Out-of-the-box support for more than 20 languages, Best-in-Class OCR, Available both in the cloud and on-premise, ISO 27001 Certified, 99% OCR accuracy, and Document Classification engine. Doculayer is based in The Hague, Netherlands.

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Buyer(S) 1

Buyer

ProcessMaker

Durham, North Carolina, United States

Category Company
Sector Information Technology
DESCRIPTION

ProcessMaker is an American multinational corporation that specializes primarily in developing and marketing enterprise business process management (BPM) software. The company also provides customer support, training, and professional services to larger enterprise customers that require highly customized solutions. Its flagship Low-Code BPM product is known for its ease of use and ability for deep customization. ProcessMaker is based in Durham, North Carolina.


DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Netherlands M&A 1 of 1
Year: 2022 M&A 1 of 1