M&A Deal Summary

Tagetik Software Srl Acquires iNovasion

On June 23, 2015, Tagetik Software Srl acquired distribution company iNovasion

Acquisition Highlights
  • This is Tagetik Software Srl’s 1st transaction in the Distribution sector.
  • This is Tagetik Software Srl’s 1st transaction in Italy.

M&A Deal Summary

Date 2015-06-23
Target iNovasion
Sector Distribution
Buyer(s) Tagetik Software Srl
Deal Type Add-on Acquisition

Target

iNovasion

Italy
iNovasion is a provider of distribution services for tagetik.

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Buyer(S) 1

Buyer

Tagetik Software Srl

Lucca, Italy

Category Company
Founded 1986
Sector Software
Revenue 57M EUR (2016)
DESCRIPTION

Tagetik Software Srl is a global provider of corporate performance management software and services to mid- and large size corporations. Tagetik is a market leader in corporate performance management solutions, supporting the workflow of the Office of the CFO, including financial and operational budgeting and planning, consolidation and close process, financial modeling, analytics and reporting. Relied upon by nearly 1,000 corporate customers and 75,000 users in over 35 countries, Tagetik’s highly configurable, modular software suite seamlessly integrates with most ERP systems, including SAP, Oracle, and Microsoft. The solution can be deployed on-premise, in the cloud, or in a hybrid manner.


DEAL STATS #
Overall 1 of 1
Sector: Distribution M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Italy M&A 1 of 1
Year: 2015 M&A 1 of 1