M&A Deal Summary

Ultimo Acquires FSI

On August 6, 2025, Ultimo acquired software company FSI

Acquisition Highlights
  • This is Ultimo’s 1st transaction in the Software sector.
  • This is Ultimo’s 1st transaction in the United States.
  • This is Ultimo’s 1st transaction in Pennsylvania.

M&A Deal Summary

Date 2025-08-06
Target FSI
Sector Software
Buyer(s) Ultimo
Deal Type Add-on Acquisition

Target

FSI

Cranberry Township, Pennsylvania, United States
FSI provides cloud-based computerized maintenance management systems tailored for healthcare facilities and biomedical engineering teams. FSI is based in Cranberry Township, Pennsylvania.

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Buyer(S) 1

Buyer

Ultimo

Nunspeet, Netherlands

Category Company
Founded 1988
Sector Internet Software and Services
DESCRIPTION

Ultimo supplies the number one flexible Enterprise Asset Management cloud platform for midsized enterprises. The software is used by more than 2,000 customers globally in manufacturing, healthcare, logistics, infrastructure, and utilities. It offers customers in these sectors many advantages such as increased uptime, the management of costs, increased equipment lifespan, ease of adherence to laws and regulations, and the assurance of a safe working environment. Ultimo provides these advantages with an unparalleled return on investment due to fast implementation processes, seamless integrations, and self-service application management. Ultimo was formed in 1988 and is based in Nunspeet, Netherlands.


DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Pennsylvania M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2025 M&A 1 of 1