Add-on Acquisition • Information Technology

Rightworks Acquires Transaction Pro

On October 26, 2018, Rightworks acquired information technology company Transaction Pro

Acquisition Context
  • This is Rightworks’ 2nd transaction in the Information Technology sector.
  • This is Rightworks’ 2nd transaction in the United States.
  • This is Rightworks’ 1st transaction in New Hampshire.

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M&A Deal Summary

Date October 26, 2018
Target Transaction Pro
Sector Information Technology
Buyer(s) Rightworks
Deal Type Add-on Acquisition

Target Company

Transaction Pro

Hudson, New Hampshire, United States
Baystate Consulting LLC is a provider of data import/export tools and services for the global QuickBooks user community. Baystate Consulting was founded in 2005 and is based in Hudson, New Hampshire.
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Buyer Overview 1

Buyer

Rightworks

Hudson, New Hampshire, United States

Category Company
Founded 2002
Sector Internet Software and Services
DESCRIPTION

Rightworks is a provider of cloud solutions to accountants and small and medium-sized businesses. Rightworks' cloud platform is built with advanced virtualization technology deployed on enterprise-class infrastructure and effectively enables SMB end-users to connect, share and collaborate in the cloud with any time, anywhere access to applications, files, and data. Rightworks was founded in 2002 and is based in Hudson, New Hampshire.


Deal Context for Buyer #
Overall 2 of 6
Sector: Information Technology 2 of 3
Type: Add-on Acquisition 2 of 6
State: New Hampshire 1 of 1
Country: United States 2 of 6
Year: 2018 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-11-01 Xcentric

Alpharetta, Georgia, United States

Xcentric is a managed IT solutions for accounting firms. Xcentric is based in Alpharetta, Georgia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-12-11 Propelware

Lakeville, Minnesota, United States

Propelware is a producer of an Autofy, a connector of e-commerce and CRM applications to QuickBooks and QuickBooks Online. Propelware is based in Lakeville, Minnesota.

Buy -