M&A Deal Summary

TEAM Software Acquires Facility ERP Pty

On February 17, 2021, TEAM Software acquired software company Facility ERP Pty

Acquisition Highlights
  • This is TEAM Software’s 3rd transaction in the Software sector.
  • This is TEAM Software’s 1st transaction in Australia.

M&A Deal Summary

Date 2021-02-17
Target Facility ERP Pty
Sector Software
Buyer(s) TEAM Software
Deal Type Add-on Acquisition

Target

Facility ERP Pty

Carlton, Australia
Facility ERP Pty Ltd. is a technology provider offering fully integrated finance, payroll and operations software to cleaning companies in Australia and New Zealand. Facility ERP was founded in 2011 and is based in Carlton, Australia.

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Buyer(S) 1

Buyer

TEAM Software

Omaha, Nebraska, United States

Category Company
Founded 1989
Sector Software
DESCRIPTION

TEAM Software is a developer of financial, operations, and workforce management solutions for contractors with distributed workforces of any size, with a focus on the building service and security industries. TEAM Software was founded in 1989 and is based in Omaha, Nebraska.


DEAL STATS #
Overall 4 of 4
Sector: Software M&A 3 of 3
Type: Add-on Acquisition M&A Deals 4 of 4
Country: Australia M&A 1 of 1
Year: 2021 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-04-14 Kwantek

Louisville, Kentucky, United States

Kwantek LLC is a software company specializing in Applicant Tracking Software (ATS) for high-turnover industries like cleaning and security. The company helps build security and cleaning companies into world-class recruiting organizations with a suite of tools designed to diversify applicant pools, improve efficiency and enable a more selective hiring process for high-turnover situations. Solutions include job board posting features, candidate management tools, pre-hire screening assessments, and integrated background screening and onboarding as well as Work Opportunity Tax Credit (WOTC) filing. Kwantek was formed in 1999 and is based in Louisville, Kentucky.

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