M&A Deal Summary

WorldAware Acquires Prescient - Traveler Technology

On August 16, 2017, WorldAware acquired information technology company Prescient - Traveler Technology from Prescient Applied Intelligence

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

M&A Deal Summary

Date 2017-08-16
Target Prescient - Traveler Technology
Sector Information Technology
Buyer(s) WorldAware
Sellers(s) Prescient Applied Intelligence
Deal Type Divestiture

Target

Prescient - Traveler Technology

Chicago, Illinois, United States
Prescient - Traveler Technology offers customers real-time incident reports and analysis, along with global, highly granular location-based risk data.

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Buyer(S) 1

Buyer

WorldAware

Annapolis, Maryland, United States

Category Company
Founded 1999
Sector Information Technology
DESCRIPTION

WorldAware, Inc. is a provider of intelligence-driven operational risk management solutions to enable multinational companies and government organizations to operate globally with confidence. WorldAware’s end-to-end, tailored solution integrates world-class threat intelligence, innovative technology, and global response services that help enterprises protect their people and operational assets and mitigate operational risk. WorldAware was founded in 1999 and is based in Annapolis, Maryland.


DEAL STATS #
Overall 2 of 2
Sector: Information Technology M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Illinois M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2017 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-12-15 Red24

Berkshire, United Kingdom

Red24 plc is an operator of a risk management company that provides a range of products and services to businesses, organisations and individuals around the world. red24 offers travel safety and security, kidnap for ransom and extortion, product safety and recall, corporate investigations, due diligence and employment background screening, identity theft and fraud, and cybercrime. Red24 was founded in 2001 and is based in Berkshire, United Kingdom.

Buy -

Seller(S) 1

SELLER

Prescient Applied Intelligence

West Chester, Pennsylvania, United States

Category Company
Founded 1985
Sector Software
DESCRIPTION

Prescient Applied Intelligence Inc. provides retail supply chain and replenishment solutions. The company offers retailer solutions that include demand signal repository, business intelligence, vendor managed inventory, store level replenishment, scan based trading, data synchronization, collaborative solutions, and computer aided ordering; and supplier solutions, such as demand signal repository, business intelligence, vendor managed inventory, store level replenishment, scan based trading, data synchronization, collaborative solutions, and share data for decision making.


DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Illinois M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2017 M&A 1 of 1