M&A Deal Summary

RELX Group Acquires Parley Pro

On May 9, 2022, RELX Group acquired software company Parley Pro

Acquisition Highlights
  • This is RELX Group’s 5th transaction in the Software sector.
  • This is RELX Group’s 12th transaction in the United States.
  • This is RELX Group’s 2nd transaction in California.

M&A Deal Summary

Date 2022-05-09
Target Parley Pro
Sector Software
Buyer(s) RELX Group
Deal Type Add-on Acquisition

Target

Parley Pro

Los Altos, California, United States
Parley Pro is a secure, cloud-based, enterprise-grade, end-to-end contract lifecycle management platform that pioneered digital negotiation technology. The platform automates contract negotiation and management processes provides actionable analytics and helps organizations to negotiate better contracts faster. Parley Pro was launched in 2015 and is headquartered in Los Altos, California.

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Buyer(S) 1

Buyer

RELX Group

London, United Kingdom

Category Company
Founded 1903
Sector Information Technology
Employees34,580
Revenue 9.4B GBP (2024)
DESCRIPTION

RELX Group is a global provider of information and analytics for professional and business customers across industries. The group serves customers in more than 180 countries and has offices in about 40 countries. Company leverage a deep understanding of our customers to create innovative solutions which combine content and data with analytics and technology in global platforms. It employs approximately 30,000 people of whom almost half are in North America. RELX was founded in 1903 and is based in London, United Kingdom.


DEAL STATS #
Overall 16 of 16
Sector: Software M&A 5 of 5
Type: Add-on Acquisition M&A Deals 12 of 12
State: California M&A 2 of 2
Country: United States M&A 12 of 12
Year: 2022 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-29 ThreatMetrix

San Jose, California, United States

ThreatMetrix, Inc. is a provider of integrated cyber crime prevention software solutions for websites in diverse sectors. ThreatMetrix was founded in 2005 and is based in San Jose, California.

Buy £580M