M&A Deal Summary

Vadim Computer Management Group Acquires Versyss Commercial Systems

On January 1, 2005, Vadim Computer Management Group acquired software company Versyss Commercial Systems

Acquisition Highlights
  • This is Vadim Computer Management Group’s 2nd transaction in the Software sector.
  • This is Vadim Computer Management Group’s 1st transaction in the United States.
  • This is Vadim Computer Management Group’s 1st transaction in Rhode Island.

M&A Deal Summary
Date 2005-01-01
Target Versyss Commercial Systems
Sector Software
Buyer(s) Vadim Computer Management Group
Deal Type Add-on Acquisition

Target

Versyss Commercial Systems

Providence, Rhode Island, United States
Versyss Commercial Systems, Inc. is a developer of software solutions to transportation industry.

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Buyer(S) 1

Buyer

Vadim Computer Management Group

Kelowna, British Columbia, Canada
Category Company
Founded 1975
Sector Software
DESCRIPTION

Vadim Computer Management Group Ltd. (Vadim Software) is an integrated financial and asset management ERP solution for municipalities, local governments, and utility companies throughout North America.

DEAL STATS #
Overall 2 of 2
Sector (Software) 2 of 2
Type (Add-on Acquisition) 2 of 2
State (Rhode Island) 1 of 1
Country (United States) 1 of 1
Year (2005) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2003-01-01 Top Down Logic

British Columbia, Canada

Top Down Logic Corp. is a developer of software solutions.

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