M&A Deal Summary

Shoplogix Acquires Proxia

On November 18, 2022, Shoplogix acquired software company Proxia

Acquisition Highlights
  • This is Shoplogix’s 1st transaction in the Software sector.
  • This is Shoplogix’s 1st transaction in Germany.

M&A Deal Summary

Date 2022-11-18
Target Proxia
Sector Software
Buyer(s) Shoplogix
Deal Type Add-on Acquisition

Target

Proxia

Ebersberg, Germany
Proxia develops, deploys, and supports Manufacturing Execution System (MES) software to improve the planning process, performance management, and KPI tracking of customers in the capital equipment, tooling, automotive, plastics, and chemical sectors. Proxia is based in Ebersberg, Germany.

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Buyer(S) 1

Buyer

Shoplogix

Mississauga, Ontario, Canada

Category Company
Founded 2002
Sector Software
DESCRIPTION

Shoplogix enables manufacturers to drive immediate, quantifiable improvements to output and profitability by providing operators, supervisors and management with real-time visibility into plant equipment performance. By delivering a visual display of real-time equipment performance above assets on the plant floor, Shoplogix empowers operators to take action that increases uptime, quality and efficiency while reducing waste and costs. Shoplogix customers report rapid payback, and typically set production records within days of implementation.


DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Germany M&A 1 of 1
Year: 2022 M&A 1 of 1