M&A Deal Summary

Versaterm Acquires Adashi

On June 14, 2021, Versaterm acquired software company Adashi

Acquisition Highlights
  • This is Versaterm’s 1st transaction in the Software sector.
  • This is Versaterm’s 1st transaction in the United States.
  • This is Versaterm’s 1st transaction in Maryland.

M&A Deal Summary

Date 2021-06-14
Target Adashi
Sector Software
Buyer(s) Versaterm
Deal Type Add-on Acquisition

Target

Adashi

Baltimore, Maryland, United States
Adashi is a provider of public safety software solutions worldwide. Its products are designed to help first responders maintain a coordinated response prior to, during, and after an incident. Adashi is based in Baltimore, Maryland.

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Buyer(S) 1

Buyer

Versaterm

Ottawa, Ontario, Canada

Category Company
Founded 1977
Sector Software
DESCRIPTION

Versaterm provides CAD and records systems to public safety agencies in North America and the Caribbean. It offers records management systems, fire records management systems, computer-aided dispatch systems, mobile workstations, law enforcement information sharing portal, and crime analysis package. Versaterm was formed in 1977 and is based in Ottawa, Ontario.


DEAL STATS #
Overall 1 of 10
Sector: Software M&A 1 of 9
Type: Add-on Acquisition M&A Deals 1 of 9
State: Maryland M&A 1 of 1
Country: United States M&A 1 of 7
Year: 2021 M&A 1 of 4
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-13 eJust Systems

Stratford, Ontario, Canada

eJust Systems is a provider of sophisticated software solutions for the justice market. eJust Systems is based in Stratford, Ontario.

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