M&A Deal Summary

Uptake Acquires ShookIOT

On February 8, 2021, Uptake acquired internet software and services company ShookIOT

Acquisition Highlights
  • This is Uptake’s 2nd transaction in the Internet Software and Services sector.
  • This is Uptake’s 1st transaction in Canada.
  • This is Uptake’s 1st transaction in Alberta.

M&A Deal Summary
Date 2021-02-08
Target ShookIOT
Sector Internet Software and Services
Buyer(s) Uptake
Deal Type Add-on Acquisition

Target

ShookIOT

Edmonton, Alberta, Canada
ShookIOT, Inc. is a provider in cloud-native data integration and integrity, strengthening its capabilities to accelerate digital transformation in asset-intensive industries. ShookIOT was founded in 2014 and is based in Edmonton, Alberta.

Search 201,429 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Uptake

Chicago, Illinois, United States
Category Company
Founded 2014
Sector Internet Software and Services
DESCRIPTION

Uptake is a predictive analytics SaaS platform that delivers solutions in major industries that increase productivity, reliability, and safety. Leveraging partnerships with industry icons, Uptake’s platform aggregates enterprise and external data and applies cross-industry data science to produce high-value, actionable insights. Uptake was founded in 2014 and is based in Chicago, Illinois.

DEAL STATS #
Overall 2 of 2
Sector (Internet Software and Services) 2 of 2
Type (Add-on Acquisition) 2 of 2
State (Alberta) 1 of 1
Country (Canada) 1 of 1
Year (2021) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-04-16 Asset Performance Technologies

Albuquerque, New Mexico, United States

Asset Performance Technologies, Inc. is a cloud based Preventance maintenance solution combines unique strategy optimization software with the APT Asset Strategy Library (ASL) to rapidly optimize any PM program. Asset Performance Technologies, Inc. was established in 2004 and is based in Albuquerque, New Mexico.

Buy -
Mergr

Product

Company

Legal