M&A Deal Summary

Syniti Acquires Proceed Group - Rightsizer Software

On February 15, 2024, Syniti acquired software company Proceed Group - Rightsizer Software from Proceed Group

Acquisition Highlights
  • This is Syniti’s 4th transaction in the Software sector.
  • This is Syniti’s 3rd transaction in the United Kingdom.

M&A Deal Summary

Date 2024-02-15
Target Proceed Group - Rightsizer Software
Sector Software
Buyer(s) Syniti
Sellers(s) Proceed Group
Deal Type Divestiture

Target

Proceed Group - Rightsizer Software

Birmingham, United Kingdom
Proceed Group's Rightsizer Software is a tool for identifying archiving opportunities and to determine infrastructure sizing as organizations embark on their SAP S/4HANA transformations.

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Buyer(S) 1

Buyer

Syniti

Needham, Massachusetts, United States

Category Company
Founded 1996
Sector Information Technology
DESCRIPTION

Syniti engages in information governance and data stewardship solutions, focusing on helping customers manage one of their most critical assets data. Syniti products and services enable organizations to accelerate growth, gain actionable visibility, and reduce risks. Syniti was founded in 1996 and is based in Needham, Massachusetts.


DEAL STATS #
Overall 7 of 7
Sector: Software M&A 4 of 4
Type: Divestiture M&A Deals 1 of 1
Country: United Kingdom M&A 3 of 3
Year: 2024 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-14 360Science

Austin, Texas, United States

360Science is a data quality company specializing in matching, deduping, unifying, linking, and verifying contact and business data. Using purpose-built Artificial Intelligence, proprietary phonetic and fuzzy matching algorithms, context-sensitive lexicons, and a contextual scoring engine, 360Science defeats the errors, inconsistencies, and challenges commonly found in contact and business data. 360Science was formed in 2002 and is based in Austin, Texas.

Buy -

Seller(S) 1

SELLER

Proceed Group

Birmingham, United Kingdom

Category Company
Founded 2000
Sector Information Technology
DESCRIPTION

Proceed Group provides SAP data and document management, with a proven track record of successfully serving over 900 customers worldwide to reduce costs, improve IT performance and agility all while ensuring regulatory compliance. Proceed Group was founded in 2000 and is based in Birmingham, England.


DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: United Kingdom M&A 1 of 1
Year: 2024 M&A 1 of 1