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  6. Volaris Group Acquires Tribute

M&A Deal Summary

Volaris Group Acquires Tribute

On January 10, 2020, Volaris Group acquired internet software and services company Tribute

Acquisition Highlights
  • This is Volaris Group’s 6th transaction in the Internet Software and Services sector.
  • This is Volaris Group’s 13th transaction in the United States.
  • This is Volaris Group’s 2nd transaction in Ohio.

M&A Deal Summary
Date 2020-01-10
Target Tribute
Sector Internet Software and Services
Buyer(s) Volaris Group
Deal Type Add-on Acquisition

Target

Tribute

Hudson, Ohio, United States
Tribute, Inc. is a provider of integrated ERP software solutions to help industrial distributors serve their customers better, streamline their operations, lower costs, and enhance margins through better cost control. Tribute is based in Hudson, Ohio.

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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 41 of 92
Sector: Internet Software and Services M&A 6 of 15
Type: Add-on Acquisition M&A Deals 35 of 83
State: Ohio M&A 2 of 3
Country: United States M&A 13 of 28
Year: 2020 M&A 3 of 12
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-07 DealerNet Brazil

Bairro Pitangueiras, Brazil

DealerNet Brazil Ltda. is a provider of automotive dealer management software solutions to car dealers and OEMs. DealerNet Brazil was founded in 1990 and is based in Bairro Pitangueiras, Brazil.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-02-10 BiblioCommons

Toronto, Ontario, Canada

BiblioCommons is a provider of online library experiences to the Public Library sector. BiblioCommons was founded in 2006 and is based in Toronto, Ontario.

Buy -
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