M&A Deal Summary

SherWeb Acquires PurelyHR

On October 7, 2020, SherWeb acquired software company PurelyHR

Acquisition Highlights
  • This is SherWeb’s 1st transaction in the Software sector.
  • This is SherWeb’s 1st transaction in Canada.
  • This is SherWeb’s 1st transaction in New Brunswick.

M&A Deal Summary
Date 2020-10-07
Target PurelyHR
Sector Software
Buyer(s) SherWeb
Deal Type Add-on Acquisition

Target

PurelyHR

Dieppe, New Brunswick, Canada
Ironflow Technologies, Inc. is specializing in HR management software solutions. Ironflow Technologies is based in Dieppe, New Brunswick.

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Buyer(S) 1

Buyer

SherWeb

Sherbrooke, Quebec, Canada
Category Company
Founded 1998
Sector Internet Software and Services
DESCRIPTION

SherWeb, Inc. is a interrnet cloud based service provider.

DEAL STATS #
Overall 4 of 5
Sector (Software) 1 of 1
Type (Add-on Acquisition) 3 of 4
State (New Brunswick) 1 of 1
Country (Canada) 1 of 2
Year (2020) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-07-29 ORCS Web

Charlotte, North Carolina, United States

ORCS Web Inc., is a Windows-based managed hosting provider.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-31 Global Mentoring Solutions

Unionville, Ontario, Canada

Global Mentoring Solutions provides many white-labeled services such as troubleshooting, network monitoring and management to hundreds of thousands of end users on behalf of their partners. These services are compatible with industry leading RMMs and PSAs, so seamlessly integrate into any business that offers managed services. Global Mentoring Solutions was founded in 2000 and is based in Unionville, Ontario.

Buy -
Mergr

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Company

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