M&A Deal Summary

Volaris Group Acquires ASSET InterTech

On August 24, 2021, Volaris Group acquired technology hardware company ASSET InterTech

Acquisition Highlights
  • This is Volaris Group’s 2nd transaction in the Technology Hardware sector.
  • This is Volaris Group’s 20th transaction in the United States.
  • This is Volaris Group’s 2nd transaction in Texas.

M&A Deal Summary

Date 2021-08-24
Target ASSET InterTech
Sector Technology Hardware
Buyer(s) Volaris Group
Deal Type Add-on Acquisition

Target

ASSET InterTech

Richardson, Texas, United States
ASSET InterTech is a provider of solutions to validate, characterize, test and debug chips and circuit boards. ASSET InterTech is based in Richardson, Texas.

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Buyer(S) 1

Buyer

Volaris Group

Mississauga, Ontario, Canada

Category Company
Sector Software
DESCRIPTION

Volaris acquires, strengthens and grows vertical market technology companies. As an Operating Group of Constellation Software Inc., Volaris is all about strengthening businesses within the markets they compete and enabling them to grow – whether that growth comes through organic measures such as new initiatives and product development, day-to-day business, or through complementary acquisitions.


DEAL STATS #
Overall 60 of 80
Sector (Technology Hardware) 2 of 2
Type (Add-on Acquisition) 53 of 71
State (Texas) 2 of 3
Country (United States) 20 of 27
Year (2021) 10 of 13
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-09 MetaViewer Paperless Automation

Rochester, Minnesota, United States

MetaViewer Paperless Automation is designed for the modern business, robotically capturing information and automating workflows. It offers superior functionality and user experience in a tailored and affordable paperless automation/document management solution that easily expands across enterprises from AP to AR, HR to Legal, and beyond. MetaViewer Paperless Automation is based in Rochester, Minnesota.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-09 INCOM

Normandie, France

INCOM is a provider of business software solutions for water and energy distributors. This acquisition further expands Volaris presence in the important utilities vertical. INCOM was founded in 1989 and is based in Normandie, France.

Buy -