1. Home >
  2. M&A >
  3. Add-on Acquisition >
  4. United States >
  5. Arizona >
  6. Sage Acquires Interact Commerce

M&A Deal Summary

Sage Acquires Interact Commerce

On March 29, 2001, Sage acquired software company Interact Commerce for 260M USD

Acquisition Highlights
  • This is Sage’s 4th transaction in the Software sector.
  • This is Sage’s 6th largest (disclosed) transaction.
  • This is Sage’s 4th transaction in the United States.
  • This is Sage’s 1st transaction in Arizona.
Investment Fate
  • Interact Commerce was divested to a consortium of strategic buyers in 2013.
  • Interact Commerce was divested to a consortium of strategic buyers in 2014.

M&A Deal Summary
Date 2001-03-29
Target Interact Commerce
Sector Software
Buyer(s) Sage
Deal Type Add-on Acquisition
Deal Value 260M USD

Target

Interact Commerce

Scottsdale, Arizona, United States
Interact Commerce Corporation is a software developer and produces SalesLogix and Act, two client-management programs. The Company was formed in 1995 and is based in Scottsdale, Arizona.

Search 214,877 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

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 4 of 36
Sector: Software M&A 4 of 29
Type: Add-on Acquisition M&A Deals 3 of 30
State: Arizona M&A 1 of 1
Country: United States M&A 4 of 14
Year: 2001 M&A 1 of 1
Size (of disclosed) 6 of 23
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2000-01-12 Best Software

Reston, Virginia, United States

Best is a producer of software for asset, human-resources and payroll management.

Buy £270M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2003-07-17 Timberline Software

Beaverton, Oregon, United States

Timberline Software Corp. whose accounting products are widely used by larger contracting firms and developers in the industry.

Buy $91M
Mergr

Solution for

Product

Company

Legal