M&A Deal Summary

Verizon Connect Acquires Visirun

On November 3, 2015, Verizon Connect acquired internet software and services company Visirun

Acquisition Highlights
  • This is Verizon Connect’s 4th transaction in the Internet Software and Services sector.
  • This is Verizon Connect’s 2nd transaction in Italy.

M&A Deal Summary

Date 2015-11-03
Target Visirun
Sector Internet Software and Services
Buyer(s) Verizon Connect
Deal Type Add-on Acquisition

Target

Visirun

Ferrara, Italy
Visirun S.p.A. is a SaaS based provider of fleet management solutions.

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Buyer(S) 1

Buyer

Verizon Connect

Atlanta, Georgia, United States

Category Company
Sector Internet Software and Services
Revenue 285M USD (2015)
DESCRIPTION

Verizon Connect is a global provider of mobile workforce solutions for service-based businesses of all sizes delivered as software-as-a-service. Verizon Connect is based in Wellesley Hills, Massachusetts.


DEAL STATS #
Overall 5 of 7
Sector: Internet Software and Services M&A 4 of 5
Type: Add-on Acquisition M&A Deals 5 of 7
Country: Italy M&A 2 of 2
Year: 2015 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-02-24 Ornicar SAS

Montbonnot, France

Ornicar SAS, is a SaaS provider of fleet management solutions in France.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-09-07 Inosat – Consultoria Informática S.A

Lisbon, Portugal

Inosat – Consultoria Informática, S.A is a SaaS-based provider of fleet management solutions in Portugal.

Buy -