M&A Deal Summary

Sage Acquires Creative Software Pte

On July 2, 2007, Sage acquired software company Creative Software Pte for 10M SGD

Acquisition Highlights
  • This is Sage’s 17th transaction in the Software sector.
  • This is Sage’s 22nd largest (disclosed) transaction.
  • This is Sage’s 1st transaction in Singapore.

M&A Deal Summary

Date 2007-07-02
Target Creative Software Pte
Sector Software
Buyer(s) Sage
Deal Type Add-on Acquisition
Deal Value 10M SGD

Target

Creative Software Pte

Singapore, Singapore
Creative Software Pte Ltd. is a provider of payroll and human resource management software solutions. CSPL has 4000 customers spread across Singapore, Malaysia, Indonesia, Brunei and Hong Kong. With branch offices in Kuala Lumpur and Hong Kong, CSPL employs around 70 people and is based in Singapore.

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Buyer(S) 1

Buyer

Sage

Newcastle upon Tyne, United Kingdom

Category Company
Founded 1981
Sector Software
Employees10,740
Revenue 2.3B GBP (2024)
DESCRIPTION
Sage office in Reston, Virginia.
Sage office in Reston, Virginia.

Sage provides business management software and services for small and medium-sized businesses. Sage was founded in 1981 and is based in Newcastle upon Tyne, United Kingdom.


DEAL STATS #
Overall 19 of 36
Sector: Software M&A 17 of 29
Type: Add-on Acquisition M&A Deals 15 of 30
Country: Singapore M&A 1 of 1
Year: 2007 M&A 4 of 6
Size (of disclosed) 22 of 23
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-06-20 Xperts France

Toulouse, France

Xperts France is a provider of software solutions for automatic recognition of characters and electronic storage of documents in France.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-09-11 XRT SA

Puteaux, France

XRT SA is a supplier of treasury management software and payment software for medium-sized businesses in France, Spain, Portugal, Italy and Latin America. XRT’s software solutions enable thousands of organizations worldwide to centralise cash flow information, streamline key business processes across the organization, and automate financial communication with banking and business partners. Combined with ERP systems, XRT’s software enables its 6,000 customers to carry out end-to-end straight-through processing and electronic payments around the globe.

Buy £30M