M&A Deal Summary

Software Paradigms International Group Acquires BestFit Mobile

On October 1, 2015, Software Paradigms International Group acquired information technology company BestFit Mobile

Acquisition Highlights
  • This is Software Paradigms International Group’s 2nd transaction in the Information Technology sector.
  • This is Software Paradigms International Group’s 2nd transaction in the United States.
  • This is Software Paradigms International Group’s 1st transaction in Texas.

M&A Deal Summary

Date 2015-10-01
Target BestFit Mobile
Sector Information Technology
Buyer(s) Software Paradigms International Group
Deal Type Add-on Acquisition

Target

BestFit Mobile

Austin, Texas, United States
BestFit Mobile was a designer, developer, and optimizer of mobile solutions for companies who want to engage their customers or utilize mobile to drive business efficiencies with technologies, such as low energy bluetooth and ibeacon. BestFit Mobile was formed in 2009 and is based in Austin, Texas.

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Buyer(S) 1

Buyer

Software Paradigms International Group

Atlanta, Georgia, United States

Category Company
Founded 1994
Sector Information Technology
DESCRIPTION

Software Paradigms International Group LLC was a provider of retail IT solutions and services including custom application development, integration, consulting, merchandising, analytics, mobility, vendor management, and infrastructure for retailers around the world. SPI was formed in 1994 and was based in Atlanta, Georgia.


DEAL STATS #
Overall 2 of 2
Sector: Information Technology M&A 2 of 2
Type: Add-on Acquisition M&A Deals 2 of 2
State: Texas M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2015 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-08-01 Double Prime

Ardmore, Pennsylvania, United States

Double Prime, Inc. was a provider of customized international and domestic technology solutions for medium and large-sized businesses. Double Prime was formed in 2002 and is based in Ardmore, Pennsylvania.

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