M&A Deal Summary

Sage Acquires Exact Software Deutschland

On July 21, 2014, Sage acquired software company Exact Software Deutschland from Exact for 16M EUR

Acquisition Highlights
  • This is Sage’s 26th transaction in the Software sector.
  • This is Sage’s 17th largest (disclosed) transaction.
  • This is Sage’s 2nd transaction in Germany.

M&A Deal Summary
Date 2014-07-21
Target Exact Software Deutschland
Sector Software
Buyer(s) Sage
Sellers(s) Exact
Deal Type Divestiture
Deal Value 16M EUR

Target

Exact Software Deutschland

Aschheim, Germany
Exact Lohn provides payroll solutions ranging from payroll software products to full business process outsourcing solutions.

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Buyer(S) 1

Buyer

Sage

Newcastle upon Tyne, United Kingdom
Category Company
Founded 1981
Sector Software
Employees11,647
Revenue 2.2B GBP (2023)
DESCRIPTION
Sage office in Reston, Virginia.
Sage office in Reston, Virginia.

Sage provides business management software and services for small and medium-sized businesses. Sage was founded in 1981 and is based in Newcastle upon Tyne, the United Kingdom.

DEAL STATS #
Overall 28 of 35
Sector (Software) 26 of 29
Type (Divestiture) 3 of 4
Country (Germany) 2 of 2
Year (2014) 1 of 2
Size (of disclosed) 17 of 22
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-05-02 I Car Systems

Indre-et-loire, France

I'Car Systems develops I’Car DMS, a dealer management system (DMS) software dedicated to the automotive industry. I'Car Systems also provides project management, training, and customer support services in addition to solutions for automotive repairers, multi-brands automotive distributors, and automotive spare parts warehouses. I'Car Systems was founded in 1979 and is Based in Indre-et-Loire, France.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-09-22 PAI Group

Moorestown, New Jersey, United States

PAI Group, Inc. dba PayChoice is a provider of payroll processing and benefits management solutions to small and mid-markets.

Buy $158M

Seller(S) 1

SELLER

Exact

Delft, Netherlands
Category Company
Founded 1984
Sector Software
Employees1,400
DESCRIPTION

Exact is a provider of business software solutions. Its integrated solutions comprise traditional enterprise resource planning (ERP) as well as related software solutions such as human resource management (HRM), customer relationship management (CRM), corporate performance management (CPM), project management, and electronic workflow. Exact was founded in 1984 and headquartered in Delft, Netherlands.

DEAL STATS #
Overall 2 of 2
Sector (Software) 2 of 2
Type (Divestiture) 2 of 2
Country (Germany) 1 of 1
Year (2014) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-07-01 Longview Solutions

Markham, Ontario, Canada

Longview Solutions, Inc. is a provider of corporate performance management (CPM) and tax provisioning software to enterprise customers worldwide. Longview elevates planning, consolidation, tax reporting, and analytics from data collection and validation to strategic business processes. Longview’s 25+ years of domain knowledge and experience, combined with state-of-the-art cloud-based and on-premise platforms, deliver the most robust and innovative performance management solution in the marketplace.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-07-03 Parentix

Duivendrecht, Netherlands

Parentix is a ​​cloud solutions provider of business software in the cloud on laptop, tablet and mobile. Parentix offer tailor-made cloud environments, both small and large complex projects. Parentix was founded in 2000 and is based in Duivendrecht, Netherlands.

Buy -
Mergr

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