M&A Deal Summary

Volaris Group Acquires CaterTrax

On November 14, 2017, Volaris Group acquired software company CaterTrax

Acquisition Highlights
  • This is Volaris Group’s 18th transaction in the Software sector.
  • This is Volaris Group’s 9th transaction in the United States.
  • This is Volaris Group’s 1st transaction in New York.

M&A Deal Summary

Date 2017-11-14
Target CaterTrax
Sector Software
Buyer(s) Volaris Group
Deal Type Add-on Acquisition

Target

CaterTrax

Rochester,, New York, United States
Hospitality 101, Inc. is a catering management software company provides flexible solutions to multi-unit contractors across the United States and Canada, streamlining enterprise management for the largest managed hospitality providers in the country.

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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 25 of 80
Sector (Software) 18 of 52
Type (Add-on Acquisition) 21 of 71
State (New York) 1 of 1
Country (United States) 9 of 27
Year (2017) 8 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-10-03 Edumate

Cincinnati, Ohio, United States

Edumate is an academic management, curriculum mapping and learning management solution for the Education market. Edumate was established in 1974 and is based in Cincinnati, Ohio.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-11-28 Financial Aid Management for Education

Ft. Lauderdale, Florida, United States

Financial Aid Management for Education, Inc. is a provider of software services to help Higher Education clients provide outstanding service to their students. Financial Aid Management for Education was founded in 1978 and is based in Ft. Lauderdale, Florida.

Buy -