Add-on Acquisition • Business Services

Waverock Software Acquires PlanIT Geo

On April 17, 2023, Waverock Software acquired business services company PlanIT Geo

Acquisition Context

This is Waverock Software’s 1st transaction in the Business Services sector.
This is Waverock Software’s 1st transaction in the United States.
This is Waverock Software’s 1st transaction in Colorado.

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M&A Deal Summary
Date	April 17, 2023
Target	PlanIT Geo
Sector	Business Services
Buyer(s)	Waverock Software
Deal Type	Add-on Acquisition

Target Company

PlanIT Geo

Arvada, Colorado, United States

PlanIT Geo is providing cutting-edge technology and planning services for urban forestry, parks management, and arboriculture. PlanIT Geo was founded in 2012 and is based in Arvada, Colorado.

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Buyer Overview 1

Buyer

Waverock Software

Scottsdale, Arizona, United States

Category	Company
Founded	2019
Sector	Software

DESCRIPTION

Waverock Software provides long-term capital and operational expertise that enables software companies to thrive. Waverock acquires, manages, and grows market-leading vertical software businesses. Waverock Software was founded in 2019 and is based in Scottsdale, Arizona.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Business Services	1 of 1
Type: Add-on Acquisition	1 of 1
State: Colorado	1 of 1
Country: United States	1 of 1
Year: 2023	1 of 1

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