M&A Deal Summary

Rave Mobile Safety Acquires Swiftreach Networks

On December 13, 2018, Rave Mobile Safety acquired internet software and services company Swiftreach Networks

Acquisition Highlights
  • This is Rave Mobile Safety’s 1st transaction in the Internet Software and Services sector.
  • This is Rave Mobile Safety’s 1st transaction in the United States.
  • This is Rave Mobile Safety’s 1st transaction in New Jersey.

M&A Deal Summary

Date 2018-12-13
Target Swiftreach Networks
Sector Internet Software and Services
Buyer(s) Rave Mobile Safety
Deal Type Add-on Acquisition
Advisor(s) Q Advisors LLC (Financial)

Target

Swiftreach Networks

Mahwah, New Jersey, United States
Swiftreach Networks, Inc. is a provider of emergency notification solutions used by more than 1500 organizations across all major industries including government, enterprise, education, software, utilities, and healthcare.

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Buyer(S) 1

Buyer

Rave Mobile Safety

Framingham, Massachusetts, United States

Category Company
Founded 2004
Sector Software
DESCRIPTION

Rave Mobile Safety is a safety software partner, provides critical communication and data platform to education and healthcare institutions, enterprises and state and local public safety agencies. Rave Mobile Safety was founded in 2004 and is headquartered in Framingham, Massachusetts.


DEAL STATS #
Overall 1 of 2
Sector (Internet Software and Services) 1 of 1
Type (Add-on Acquisition) 1 of 2
State (New Jersey) 1 of 1
Country (United States) 1 of 1
Year (2018) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-02-08 AppArmor

Toronto, Ontario, Canada

AppArmor develops custom branded safety apps, emergency notification systems, and internal command and control apps for hundreds of organizations across the globe. AppArmor was formed in 2011 and is based in Toronto, Ontario.

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