M&A Deal Summary

Sofdesk Acquires Energy Periscope

On October 22, 2019, Sofdesk acquired software company Energy Periscope

Acquisition Highlights
  • This is Sofdesk’s 1st transaction in the Software sector.
  • This is Sofdesk’s 1st transaction in the United States.
  • This is Sofdesk’s 1st transaction in Colorado.

M&A Deal Summary

Date 2019-10-22
Target Energy Periscope
Sector Software
Buyer(s) Sofdesk
Deal Type Add-on Acquisition

Target

Energy Periscope

Denver, Colorado, United States
Energy Periscope is a pioneer in the solar software market since 2009 and has helped to transition the solar industry from using pen & paper to web-based, more efficient, solar sales tools.

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Buyer(S) 1

Buyer

Sofdesk

Montreal, Quebec, Canada

Category Company
Sector Software
DESCRIPTION

Sofdesk, Inc. is a major software organization that builds intuitive sales acceleration tools for everyday use in the solar and roofing industries. By offering an end-to-end business management solution, Sofdesk empowers all size contractors, distributors, lenders and manufacturers to be competitive in these ever-growing markets and improve the scalability of their businesses through its powerful web-based platform.


DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Colorado M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2019 M&A 1 of 1