M&A Deal Summary

SWK Technologies Acquires Business Application Cloud Hosting

On February 19, 2019, SWK Technologies acquired internet software and services company Business Application Cloud Hosting

Acquisition Highlights
  • This is SWK Technologies’ 1st transaction in the Internet Software and Services sector.
  • This is SWK Technologies’ 3rd transaction in the United States.
  • This is SWK Technologies’ 1st transaction in New Jersey.

M&A Deal Summary

Date 2019-02-19
Target Business Application Cloud Hosting
Sector Internet Software and Services
Buyer(s) SWK Technologies
Deal Type Add-on Acquisition

Target

Business Application Cloud Hosting

New Jersey, United States
Secure Cloud Services, Inc. is a provider of hosting service for ERP, CRM, network monitoring software, and other business management applications that leverage secure cloud connections to maintain client systems through off-site servers.

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Buyer(S) 1

Buyer

SWK Technologies

Livingston, New Jersey, United States

Category Company
Founded 1988
Sector Information Technology
DESCRIPTION

SWK Technologies, Inc. is a provider of an information technology consulting services to businesses.


DEAL STATS #
Overall 3 of 3
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 3 of 3
State: New Jersey M&A 1 of 1
Country: United States M&A 3 of 3
Year: 2019 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-05-21 Information Systems Management

Portland, Oregon, United States

Information Systems Management, Inc. is a Portland, Oregon-based reseller of Sage Software and Acumatica solutions, also provides hosting services for business applications to customers throughout the United States. ISM began as a small business with one vision in mind: “Simple answers to difficult questions.” Their goal was to convert complex technology into tangible business value so their clients get more work accomplished using fewer resources. Keeping that same vision in mind, today ISM has grown to become one of the top Sage resellers and business technology providers in the country.

Buy $2M