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  6. Webalg Acquires LML Technologies

M&A Deal Summary

Webalg Acquires LML Technologies

On August 3, 2004, Webalg acquired information technology company LML Technologies

Acquisition Highlights
  • This is Webalg’s 1st transaction in the Information Technology sector.
  • This is Webalg’s 1st transaction in the United States.
  • This is Webalg’s 1st transaction in Illinois.

M&A Deal Summary
Date 2004-08-03
Target LML Technologies
Sector Information Technology
Buyer(s) Webalg
Deal Type Add-on Acquisition

Target

LML Technologies

Downers Grove,, Illinois, United States
LML Technologies Inc. develops and provides desking solutions to the automotive industry. LML invented LeaseLink, one of the industry's first desking tools, 14 years ago. With features such as A-B-C pencil, advanced worksheets and guaranteed data, LeaseLink has built a customer base of approximately 3,000 automotive dealers.

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Buyer(S) 1

Buyer

Webalg

California, United States
Category Company
Sector Software
DESCRIPTION

Webalg Inc. is an automotive finance software company. Webalg's flagship product that operates as a powerful lease comparison tool.

DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Illinois M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2004 M&A 1 of 1
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