M&A Deal Summary

Wellspring Acquires Sopheon

On February 20, 2024, Wellspring acquired software company Sopheon

Acquisition Highlights
  • This is Wellspring’s 1st transaction in the Software sector.
  • This is Wellspring’s 2nd transaction in the United Kingdom.

M&A Deal Summary

Date 2024-02-20
Target Sopheon
Sector Software
Buyer(s) Wellspring
Deal Type Add-on Acquisition

Target

Sopheon

West End, United Kingdom
Sopheon is a provider of software services to enables innovation, product, and project professionals to accomplish the full range of InnovationOps tasks to drive innovation at scale. Sopheon was founded in 1993 and is based in West End, the United Kingdom.

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Buyer(S) 1

Buyer

Wellspring

Chicago, Illinois, United States

Category Company
Founded 2003
Sector Software
DESCRIPTION

Wellspring is a provider of technology transfer and technology scouting software. Wellspring software supports the entire innovation process, from defining strategic areas of interest to investigating opportunities to commercializing results. Wellspring was founded in 2003 and is based in Chicago, Illinois.


DEAL STATS #
Overall 3 of 3
Sector (Software) 1 of 1
Type (Add-on Acquisition) 3 of 3
Country (United Kingdom) 2 of 2
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-02-02 IP Pragmatics

London, United Kingdom

IP Pragmatics is a pre-eminent provider of professional services and consulting for Corporate IP and Technology Transfer communities worldwide. The company has an extensive market, industry, IP, and scientific information resources to complement our analytical rigor. Its clients include universities, research institutes, SMEs, large enterprises, and public-sector organizations in over 20 countries. IP Pragmatics is headquartered in London, with offices in Edinburgh and Sydney and partners worldwide.

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