M&A Deal Summary

Prophecy International Holdings Acquires Promadis Pty

On January 11, 2010, Prophecy International Holdings acquired software company Promadis Pty for 1M USD

Acquisition Highlights
  • This is Prophecy International Holdings’ 1st transaction in the Software sector.
  • This is Prophecy International Holdings’ largest (disclosed) transaction.
  • This is Prophecy International Holdings’ 1st transaction in Australia.

M&A Deal Summary
Date 2010-01-11
Target Promadis Pty
Sector Software
Buyer(s) Prophecy International Holdings
Deal Type Add-on Acquisition
Deal Value 1M USD

Target

Promadis Pty

Wayville, Australia
Promadis provides software products to hospitals, government, financial and manufacturing firms.

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Buyer(S) 1

Buyer

Prophecy International Holdings

Adelaide, Australia
Category Company
Founded 1980
Sector Software
DESCRIPTION

Prophecy designs, develops and markets software through its business partner channel to companies worldwide and has been doing so since 1980.

DEAL STATS #
Overall 1 of 1
Sector (Software) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (Australia) 1 of 1
Year (2010) 1 of 1
Size (of disclosed) 1 of 1
Mergr

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