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  6. Solarsoft Business Systems Acquires Progressive Solutions

M&A Deal Summary

Solarsoft Business Systems Acquires Progressive Solutions

On May 31, 2012, Solarsoft Business Systems acquired software company Progressive Solutions

Acquisition Highlights
  • This is Solarsoft Business Systems’ 5th transaction in the Software sector.
  • This is Solarsoft Business Systems’ 3rd transaction in Canada.
  • This is Solarsoft Business Systems’ 2nd transaction in British Columbia.

M&A Deal Summary
Date 2012-05-31
Target Progressive Solutions
Sector Software
Buyer(s) Solarsoft Business Systems
Deal Type Add-on Acquisition

Target

Progressive Solutions

Richmond, British Columbia, Canada
Progressive Solutions is a provider of enterprise management software for producers, manufacturers and distributors in the lumber and building materials supply chain.

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Buyer(S) 1

Buyer

Solarsoft Business Systems

Basingstoke, Ontario, United Kingdom
Category Company
Founded 1998
Sector Software
DESCRIPTION

Solarsoft Business Systems Ltd. is a provider of enterprise resource planning (ERP) software to small and medium-sized enterprises (SMEs) in the building supply chain, wholesale distribution and other specialist product markets in the UK.

DEAL STATS #
Overall 5 of 5
Sector: Software M&A 5 of 5
Type: Add-on Acquisition M&A Deals 5 of 5
State: British Columbia M&A 2 of 2
Country: Canada M&A 3 of 3
Year: 2012 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-04-29 Informance International

Northbrook, Illinois, United States

Informance International is a provider of enterprise manufacturing intelligence solutions to companies worldwide.

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