M&A Deal Summary

Retalix Acquires Cornell Mayo Associates

On September 5, 2012, Retalix acquired software company Cornell Mayo Associates

Acquisition Highlights
  • This is Retalix’s 2nd transaction in the Software sector.
  • This is Retalix’s 2nd transaction in the United States.
  • This is Retalix’s 1st transaction in New Jersey.

M&A Deal Summary

Date 2012-09-05
Target Cornell Mayo Associates
Sector Software
Buyer(s) Retalix
Deal Type Add-on Acquisition
Advisor(s) Cronus Partners (Financial)

Target

Cornell Mayo Associates

Parsippany, New Jersey, United States
Cornell Mayo Associates is a U.S. based provider of store systems serving top tier department stores and large specialty retailers.

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Buyer(S) 1

Buyer

Retalix

Ra'anana, Israel

Category Company
Founded 1982
Sector Software
Employees1,573
Revenue 236M USD (2011)
DESCRIPTION

Retalix is a provider of software solutions and services for high volume, high complexity Fast Moving Consumer Goods retailers and distributors including supermarkets, groceries, convenience, fuel, health and drug, and department stores.


DEAL STATS #
Overall 2 of 2
Sector: Software M&A 2 of 2
Type: Add-on Acquisition M&A Deals 2 of 2
State: New Jersey M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2012 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-04-01 TCI Solutions

Irvine, California, United States

TCI Solutions provides software solutions and services that enable in-store automation of inventory tracking, accounting, and other functions to help retailers improve operational efficiency. TCI's software solutions were installed at more than 14,000 locations world-wide. They integrate workforce, financial, and customer information at both the headquarter and individual store levels.

Buy $34M