M&A Deal Summary

Verisae Acquires ViryaNet

On August 26, 2014, Verisae acquired internet software and services company ViryaNet

Acquisition Highlights
  • This is Verisae’s 1st transaction in the Internet Software and Services sector.
  • This is Verisae’s 3rd transaction in the United States.
  • This is Verisae’s 1st transaction in Massachusetts.

M&A Deal Summary

Date 2014-08-26
Target ViryaNet
Sector Internet Software and Services
Buyer(s) Verisae
Deal Type Add-on Acquisition

Target

ViryaNet

Westborough, Massachusetts, United States
ViryaNet Ltd. is a provider of mobile workforce management solutions that guide, automate and optimize the planning, execution and monitoring of field service work.

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Buyer(S) 1

Buyer

Verisae

Minneapolis, Minnesota, United States

Category Company
Founded 2000
Sector Internet Software and Services
DESCRIPTION

Verisae, Inc. is a global provider of SaaS, cloud-based solutions that help large retailers reduce energy and asset lifecycle costs by monitoring and managing energy efficiency, asset performance and environmental compliance.


DEAL STATS #
Overall 3 of 3
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 3 of 3
State: Massachusetts M&A 1 of 1
Country: United States M&A 3 of 3
Year: 2014 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-09-30 Hara Software

San Mateo, California, United States

Hara is a provider of SaaS-based energy and sustainability management software. The company’s products help businesses analyze, track and report energy, water, waste and other natural resource usage and position them to better manage cost savings opportunities, compliance requirements, efficiency targets and sustainability hurdles.

Buy -