M&A Deal Summary

Rizing Acquires Transcend Spatial Solutions

On August 19, 2019, Rizing acquired information technology company Transcend Spatial Solutions

Acquisition Highlights
  • This is Rizing’s 3rd transaction in the Information Technology sector.
  • This is Rizing’s 3rd transaction in the United States.
  • This is Rizing’s 1st transaction in North Carolina.

M&A Deal Summary

Date 2019-08-19
Target Transcend Spatial Solutions
Sector Information Technology
Buyer(s) Rizing
Deal Type Add-on Acquisition

Target

Transcend Spatial Solutions

Charlotte, North Carolina, United States
Transcend Spatial Solutions is a Geographic Information System (GIS) services and solutions company. Transcend Spatial Solutions expertise with GIS and LiDAR technology will integrate with Rizing’s SAP® enterprise asset management capabilities across industry verticals to accelerate the customer journey to the intelligent enterprise.

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Buyer(S) 1

Buyer

Rizing

Stamford, Connecticut, United States

Category Company
Sector Information Technology
DESCRIPTION

Rizing is a global SAP consulting firm with the objective to empower businesses to unlock the intelligent enterprise with SAP cloud technologies, geospatial solutions, and proprietary, cutting-edge products to optimize and extend SAP such as Blueline, Lyra, Codex, Mercury, and Hydrogen. With real-life experience in business areas like enterprise asset management, human capital management, and consumer industries. Rizing is based in Stamford, Connecticut.


DEAL STATS #
Overall 5 of 5
Sector: Information Technology M&A 3 of 3
Type: Add-on Acquisition M&A Deals 5 of 5
State: North Carolina M&A 1 of 1
Country: United States M&A 3 of 3
Year: 2019 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-07 Synchrony Global

Singapore, Singapore

Synchrony Global is a provider of cloud HR solutions and services, delivering innovative and transformational human resource management to local, regional and global organizations across the world. Synchrony Global was founded in 2015 and is based in Singapore.

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