M&A Deal Summary

Volaris Group Acquires ConWX ApS

On February 2, 2021, Volaris Group acquired software company ConWX ApS

Acquisition Highlights
  • This is Volaris Group’s 35th transaction in the Software sector.
  • This is Volaris Group’s 1st transaction in Denmark.

M&A Deal Summary

Date 2021-02-02
Target ConWX ApS
Sector Software
Buyer(s) Volaris Group
Deal Type Add-on Acquisition

Target

ConWX ApS

Kobenhavn, Denmark
ConWX ApS is a supplier of a range of advanced weather and energy forecasting services, especially for wind and solar power energy providers. ConWX is based in Kobenhavn, Denmark.

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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 53 of 92
Sector: Software M&A 35 of 58
Type: Add-on Acquisition M&A Deals 47 of 83
Country: Denmark M&A 1 of 2
Year: 2021 M&A 3 of 13
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-21 Across Systems

Baden-Wurttemberg, Germany

Across Systems GmbH is a provider of professional translation software. Across Systems is based in Baden-Württemberg, Germany.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-02-08 SoftChalk

Richmond, Virginia, United States

SoftChalk LLC is a provider of educational content authoring software. The SoftChalk platform enables instructors to develop custom course materials and deliver interactive content to students. This includes interactive games, self-assessment quiz questions, and annotated text. In addition, educators can track student outcomes to identify where students are understanding or struggling. SoftChalk was founded in 2002 and is based in Richmond, Virginia.

Buy -