M&A Deal Summary

Valsoft Acquires Seekda

On August 8, 2023, Valsoft acquired information technology company Seekda from Kognitiv

Acquisition Highlights
  • This is Valsoft’s 3rd transaction in the Information Technology sector.
  • This is Valsoft’s 1st transaction in Austria.

M&A Deal Summary
Date 2023-08-08
Target Seekda
Sector Information Technology
Buyer(s) Valsoft
Sellers(s) Kognitiv
Deal Type Divestiture

Target

Seekda

Vienna, Austria
Seekda develops solutions for the hospitality industry to intelligently generate incremental bookings and maximize profits. Seekda provides the most advanced meta-search management platform available and combines conventional distribution channels such as direct booking and online channels with metasearch and other innovative distribution channels and allows Hotels maximum efficiency in the positioning in direct sales. Seekda was founded in 2007 and is based in Vienna, Austria.

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Buyer(S) 1

Buyer

Valsoft

Montreal, Quebec, Canada
Category Company
Sector Financial Services
DESCRIPTION

Valsoft Corp. is to acquire and grow vertical software businesses that provide mission-critical solutions in their respective niche or market. Unlike private equity and venture capital firms, Valsoft look to buy companies and hold them forever. That is correct, Valsoft e do not sell companies.

DEAL STATS #
Overall 27 of 30
Sector (Information Technology) 3 of 3
Type (Divestiture) 2 of 2
Country (Austria) 1 of 1
Year (2023) 3 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-06-05 SDS

Cranleigh, United Kingdom

SDS is a software firm specializing in creating bespoke software applications specifically tailored for the residential housing sector. The Company also provides a suite of software tools, it offers exceptional customer support, certified training, and a range of professional services. These services encompass land valuation, viability assessment, project management, consultation, and instructional training services. SDS was founded in 1994 and is located in Cranleigh, England.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-09-12 DemandBridge

Hunt Valley, Maryland, United States

DemandBridge is an integrated business platform delivering seamless marketing solutions in the cloud. DemandBridge fully integrated platform streamlines time-consuming marketing tasks through a user-friendly interface that adheres to brand standards, fostering strong customer relationships and positioning providers as trusted partners. DemandBridge was founded in 1975 and is based in Hunt Valley, Maryland.

Buy -

Seller(S) 1

SELLER

Kognitiv

Kitchener, Ontario, Canada
Category Company
Sector Information Technology
Employees220
DESCRIPTION

Kognitiv Corp. operates a transformative business model and technology platform called the Loyalty Capital Network (LCN) that unearths value for customers and delivers disproportionate rewards to the consumers. The Loyalty Capital Network is a global peer-to-peer collaborative environment that allows businesses to trade directly in a secure and compliant way. That collaboration allows businesses and brands to improve yield for asset owners and create distinct rewards that drive deeper consumer loyalty. Kognitiv Corporation is headquartered in Waterloo Ontario and employs 220 employees across 11 offices worldwide.

DEAL STATS #
Overall 2 of 2
Sector (Information Technology) 2 of 2
Type (Divestiture) 2 of 2
Country (Austria) 1 of 1
Year (2023) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-18 Intelligent Shopper Solutions

Toronto, Ontario, Canada

Intelligent Shopper Solutions is a retail consumer insight provider that enables collaboration between retailers and suppliers. Intelligent Shopper Solutions is based in Toronto, Ontario.

Sell -
Mergr

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