M&A Deal Summary

Upland Acquires Advanced Processing & Imaging

On April 27, 2016, Upland acquired software company Advanced Processing & Imaging

Acquisition Highlights
  • This is Upland’s 2nd transaction in the Software sector.
  • This is Upland’s 8th transaction in the United States.
  • This is Upland’s 1st transaction in Florida.

M&A Deal Summary

Date 2016-04-27
Target Advanced Processing & Imaging
Sector Software
Buyer(s) Upland
Deal Type Add-on Acquisition

Target

Advanced Processing & Imaging

Deerfield Beach, Florida, United States
Advanced Processing & Imaging, Inc. is a developer of integrated document management and enterprise content management software solutions for efficient paperless documentation of records.

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Buyer(S) 1

Buyer

Upland

Austin, Texas, United States

Category Company
Founded 2010
Sector Internet Software and Services
Employees998
Revenue 275M USD (2024)
DESCRIPTION

Upland develops and delivers cloud-based project, portfolio, and work management software applications for enterprises in the United States and internationally. The company provides seven enterprise cloud solution suites that enable more than one million users at over 9,000 accounts to win and engage customers, automate business operations, manage projects and IT costs, and share knowledge throughout the enterprise. Upland was founded in 2010 and is based in Austin, Texas.


DEAL STATS #
Overall 9 of 27
Sector: Software M&A 2 of 11
Type: Add-on Acquisition M&A Deals 6 of 24
State: Florida M&A 1 of 1
Country: United States M&A 8 of 19
Year: 2016 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-03-14 HipCricket

Kirkland, Washington, United States

HipCricket, Inc. is a provider of cloud-based mobile messaging platform used by internationally recognized brands and agencies to drive awareness, sales, and loyalty.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-11 Omtool

Andover, Massachusetts, United States

Omtool Ltd. is a provider of client/server fax automation software. Omtools fax server allows corporate users to avoid the costs of fax machines, monthly phone charges, and desktop modems.

Buy $19M