M&A Deal Summary

TMA Systems Acquires Prime Technologies

On February 23, 2023, TMA Systems acquired software company Prime Technologies

Acquisition Highlights
  • This is TMA Systems’ 2nd transaction in the Software sector.
  • This is TMA Systems’ 2nd transaction in the United States.
  • This is TMA Systems’ 1st transaction in Pennsylvania.

M&A Deal Summary
Date 2023-02-23
Target Prime Technologies
Sector Software
Buyer(s) TMA Systems
Deal Type Add-on Acquisition

Target

Prime Technologies

Exton, Pennsylvania, United States
Prime Technologies expertise enables to provide clients with a well-structured, data-centric software platform that will improve and formalize their calibration and maintenance management practices. Prime Technologies was founded in 1989 and is based in Exton, Pennsylvania.

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Buyer(S) 1

Buyer

TMA Systems

Tulsa, Oklahoma, United States
Category Company
Sector Software
DESCRIPTION

TMA Systems is a provider of advanced Computerized Maintenance Management Systems (CMMS) and Enterprise Asset Management Solutions (EAMS). The company's advanced solutions meet or exceed the needs of education, healthcare, corporate, government, telecommunication, transportation, manufacturing, and retail organizations. TMA Systems is based in Tulsa, Oklahoma.

DEAL STATS #
Overall 2 of 4
Sector (Software) 2 of 3
Type (Add-on Acquisition) 2 of 4
State (Pennsylvania) 1 of 1
Country (United States) 2 of 2
Year (2023) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-10-04 Eagle Technology

Mequon, Wisconsin, United States

Eagle Technology is focused on developing comprehensive Cloud-based (SaaS), Enterprise Asset Management (EAM), and Computerized Maintenance Management Systems (CMMS) Software. Eagle’s solutions help hundreds of factories and organizations improve maintenance operations, increase equipment uptimes and reduce maintenance costs across multiple industries including manufacturing, warehousing & distribution, transportation, logistics, and more. Eagle Technology was formed in 1986 and is headquartered in Mequon, Wisconsin.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-03-14 Maxpanda

Winnipeg, Manitoba, Canada

Maxpanda is a provider of cloud based facility maintenance management software that streamlines operations and enhances efficiency. Maxpanda was founded in 2004 and is based in Winnipeg, Manitoba.

Buy -
Mergr

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