M&A Deal Summary

Smarsh Acquires Actiance

On September 26, 2018, Smarsh acquired information technology company Actiance from K1 Investment Management

Acquisition Highlights
  • This is Smarsh’s 2nd transaction in the Information Technology sector.
  • This is Smarsh’s 4th transaction in the United States.
  • This is Smarsh’s 2nd transaction in California.

M&A Deal Summary

Date 2018-09-26
Target Actiance
Sector Information Technology
Buyer(s) Smarsh
Sellers(s) K1 Investment Management
Deal Type Merger

Target

Actiance

Redwood City, California, United States
Actiance, Inc. engages in communications compliance, archiving, and analytics. Actiance provides compliance across the broadest set of communications and social channels with insights on what’s being captured. Actiance customers manage over 500 million daily conversations across 80 channels and growing. Actiance was founded in 1998 and is based in Redwood City, California.

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Buyer(S) 1

Buyer

Smarsh

Portland, Oregon, United States

Category Company
Founded 2001
Sector Information Technology
DESCRIPTION

Smarsh provides hosted solutions for archiving electronic communications, including email, instant messaging, and social media platforms such as Facebook, LinkedIn, and Twitter. Solutions help organizations manage and enforce flexible, secure, and cost-effective compliance and record retention strategies. Smarsh was founded in 2001 and is based in Portland, Oregon.


DEAL STATS #
Overall 5 of 9
Sector: Information Technology M&A 2 of 3
Type: Merger M&A Deals 1 of 1
State: California M&A 2 of 3
Country: United States M&A 4 of 7
Year: 2018 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-08-17 Cognia

Basingstoke, United Kingdom

Cognia is a provider of cloud-based voice archiving, audio search and analytics. Cognia was founded in 2005 and is based in Basingstoke, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-05-21 Entreda

Santa Clara, California, United States

Entreda, Inc. is a provider of comprehensive cybersecurity software, systems, and training to the independent financial advice and healthcare industry. The company developed its award-winning Cyber Risk Number platform, Unify, to help regulated industries monitor and protect client information and assets with the highest standards of security. Entreda was formed in 2011 and is based in Santa Clara, California.

Buy -

Seller(S) 1

DESCRIPTION

K1 Investment Management, LLC is a West Coast US-based private equity firm investing in high-growth private companies across North America. The Firm has a special interest in enterprise software companies and looks to provide meaningful strategic and operational guidance when working with portfolio companies. K1 Investment Management was established in 2011 and is headquartered in El Segundo, California.


DEAL STATS #
Overall 4 of 15
Sector: Information Technology M&A 1 of 4
Type: Merger M&A Deals 2 of 2
State: California M&A 3 of 6
Country: United States M&A 3 of 12
Year: 2018 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-09-17 Perfectserve

Knoxville, Tennessee, United States

Perfectserve is a provider of communication and collaboration solutions to unify the entire care team across the continuum from inpatient to outpatient, to patients at home. The secure platform uses advancements in mobility, AI, and analytics to optimize scheduling, automate clinicians’ communication-driven workflows, eliminate non-clinical tasks and decrease clinician burnout, resulting in quicker time to treatment and superior patient outcomes. Perfectserve was founded in 2000 and is based in Knoxville, Tennessee.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-01 Subsplash

Dallas, Texas, United States

Subsplash is a provider of innovative technology and engagement tools for churches. The company serves churches in the U.S. with a suite of engagement tools through The Ultimate Engagement Platform™, which includes mobile apps, digital giving, websites, media delivery, and more. Subsplash was founded in 2005 and is based in Dallas, Texas.

Buy -