18 Acquisitions of Companies in the Service Industry Industry

January 15, 2023
Acquisitions Hub

Company acquisitions in the Service Industry industry always make headlines! Especially since related startups and technology companies have become very popular with private equity firms, strategic buyers and even family offices.

In this blog post, we are taking a closer look at 18 acquisitions that took place in the Service Industry industry.

Ehlin & Larsson acquired by Assemblin

Details about the transaction:

Acquisition amount:

$4,394,880

Announcement:

10 January 2022

Details about the company:

The brothers Anders and Tore Ehlin formed the well-known installation business Ehlin & Larsson in 1999.

Headquarter:

Västerås, Vastmanlands Lan, Sweden

Where to find them:

Industry:

Service Industry

Details about the buyer:

A full-service installation and service partner is Assemblin Oy. In offices, it designs, installs, and maintains LVISAK systems.

Headquarter:

Helsinki, Southern Finland, Finland

Where to find them:

GCommerce acquired by SPS Commerce

Details about the transaction:

Acquisition amount:

$45,000,000

Announcement:

20 July 2022

Details about the company:

For the purpose of streamlining distribution supply chain activities, GCommerce offers software-as-a-service procurement solutions.

Headquarter:

Des Moines, Iowa, United States

Where to find them:

Industry:

Enterprise Software, SaaS, Service Industry, Software, Supply Chain Management

Details about the buyer:

Retail trading partners may manage and complete orders intelligently with the help of SPS Commerce.

Headquarter:

Minneapolis, Minnesota, United States

Where to find them:

Insignia Solutions acquired by Citrix Systems

Details about the transaction:

Acquisition amount:

$17,500,000

Announcement:

6 February 1998

Details about the company:

A supplier of accelerated Java-compatible virtual machine technology is Insignia Solutions.

Headquarter:

London, England, United Kingdom

Where to find them:

Industry:

Management Consulting, Service Industry, Software, Virtual Reality

Details about the buyer:

In order to protect, administer, and monitor many technologies in complicated cloud environments, Citrix provides a single platform.

Headquarter:

Fort Lauderdale, Florida, United States

Where to find them:

Invia.cz acquired by CEFC China

Details about the transaction:

Acquisition amount:

$95,758,738

Announcement:

30 March 2016

Details about the company:

A web-based travel business called Invia.cz offers booking and reservation services for transportation and lodging.

Headquarter:

Praha, Hlavni mesto Praha, Czech Republic

Where to find them:

Industry:

E-Commerce, Service Industry, Travel

Details about the buyer:

The main businesses of CEFC China, a private collective company, are energy and financial services.

Headquarter:

Shanghai, Shanghai, China

Where to find them:

Press-sense acquired by Bitstream

Details about the transaction:

Acquisition amount:

$6,500,000

Announcement:

17 May 2010

Details about the company:

For the printing sector, Press-sense creates automated business flow solutions.

Headquarter:

Or Akiva, Hefa, Israel

Where to find them:

Industry:

Printing, Service Industry, Software, Web Hosting

Details about the buyer:

Bitstream is a supplier of type-related goods, know-how, and technology.

Headquarter:

Cambridge, Massachusetts, United States

Where to find them:

SecurityDAM's acquired by Radware

Details about the transaction:

Acquisition amount:

$30,000,000

Announcement:

17 February 2022

Details about the company:

a cloud-based solution for stopping Distributed Denial of Service (DDoS) assaults.

Headquarter:

Tel Aviv, Tel Aviv, Israel

Where to find them:

Industry:

Cyber Security, Security, Service Industry, Software

Details about the buyer:

For virtual and cloud data centers, Radware delivers application delivery and security solutions.

Headquarter:

Tel Aviv, Tel Aviv, Israel

Where to find them:

Alcon Electronics acquired by Exxelia Group

Details about the transaction:

Acquisition amount:

$100,000,000

Announcement:

19 January 2022

Details about the company:

Alcon offers a wide selection of film capacitors as well as screw terminal electrolytic capacitors in aluminum.

Headquarter:

Mumbai, Maharashtra, India

Where to find them:

Industry:

Electronics, Industrial, Manufacturing, Service Industry

Details about the buyer:

The Exxelia Group develops and produces electromechanical and electrical products.

Headquarter:

Paris, Ile-de-France, France

Where to find them:

Mobi Market acquired by Twig

Details about the transaction:

Acquisition amount:

$10,053,080

Announcement:

29 April 2022

Details about the company:

One of the used mobile phone value-added resellers with the quickest growth is Mobi Market.

Headquarter:

Burton-on-trent, St. Helens, United Kingdom

Where to find them:

Industry:

Commercial, Service Industry, Telecommunications

Details about the buyer:

A mobile banking app is offered by the fintech firm Twig.

Headquarter:

London, England, United Kingdom

Where to find them:

Orchard Computer Services acquired by SysGroup PLC

Details about the transaction:

Acquisition amount:

$1,253,997

Announcement:

27 April 2022

Details about the company:

Network infrastructure and IT systems are provided by Orchard Computer Services.

Headquarter:

Yate, South Gloucestershire, United Kingdom

Where to find them:

Industry:

Information Technology, IT Infrastructure, Service Industry

Details about the buyer:

Cloud hosting, managed services, and professional IT consulting are all offered by SysGroup.

Headquarter:

Liverpool, Liverpool, United Kingdom

Where to find them:

Topwell acquired by Genetec Corporation

Details about the transaction:

Acquisition amount:

$3,982,512

Announcement:

13 December 2022

Details about the company:

System integration services are the area of expertise of Topwell, an IT consulting company.

Headquarter:

Osaka-shi, Osaka, Japan

Where to find them:

Industry:

Consulting, Information Technology, Service Industry

Details about the buyer:

The Genetec Corporation provides engineering, IoT/M2M business, R & D, and web integration services.

Headquarter:

Shinjuku, Yamanashi, Japan

Where to find them:

Trebi Generalconsult acquired by Agenzia Italia

Details about the transaction:

Acquisition amount:

$88,480,177

Announcement:

31 October 2022

Details about the company:

An IT business that specializes in software for financial and operational leasing and financing is called TREBI Generalconsult.

Headquarter:

Milano, Lombardia, Italy

Where to find them:

Industry:

Consulting, Service Industry

Details about the buyer:

A firm that develops, plans, and manages technical-administrative services is called Agenzia Italia.

Headquarter:

Conegliano, Veneto, Italy

Where to find them:

Alliance Calibration acquired by Transcat

Details about the transaction:

Acquisition amount:

$4,700,000

Announcement:

1 June 2022

Details about the company:

Air balancing, aviation, defense, automotive, governmental, and medical industries may all benefit from Alliance Calibration's calibration services.

Headquarter:

Cincinnati, Ohio, United States

Where to find them:

Industry:

Facilities Support Services, Industrial, Service Industry

Details about the buyer:

Analytical instruments are among the approved calibration, maintenance, inspection, and compliance services offered by Transcat.

Headquarter:

Rochester, New York, United States

Where to find them:

Cell&Co BioServices acquired by Cryoport

Details about the transaction:

Acquisition amount:

$6,683,634

Announcement:

18 April 2022

Details about the company:

Cell&Co BioServices focuses on integrated biobanking, central laboratory solutions, integrated biotechnology, and biological samples.

Headquarter:

Clermont-ferrand, Auvergne, France

Where to find them:

Industry:

Biopharma, Biotechnology, Health Care, Service Industry

Details about the buyer:

A full, outsourced frozen transportation solution for biological goods is offered by Cryoport.

Headquarter:

Lake Forest, California, United States

Where to find them:

Elbit Vision Systems acquired by Uster Technologies

Details about the transaction:

Acquisition amount:

$32,000,000

Announcement:

12 February 2018

Details about the company:

Elbit Vision Systems offers technological fabric for the composites, garment, home textiles, medical/hygiene, and automotive sectors.

Headquarter:

Caesarea, Hefa, Israel

Where to find them:

Industry:

Automotive, Manufacturing, Service Industry, Technical Support

Details about the buyer:

The maker of high-tech instruments used for quality assurance and certification is called Uster Technologies.

Headquarter:

Uster, Zurich, Switzerland

Where to find them:

Planetary Systems acquired by Rocket Lab

Details about the transaction:

Acquisition amount:

$42,000,000

Announcement:

16 November 2021

Details about the company:

Spacecraft separation systems are provided by Planetary Systems.

Headquarter:

Silver Spring, Maryland, United States

Where to find them:

Industry:

Aerospace, Industrial, Service Industry

Details about the buyer:

For quick and inexpensive payload deployment, Rocket Lab offers a selection of full rocket systems and technologies.

Headquarter:

Huntington Beach, California, United States

Where to find them:

Sierra Design Automation acquired by Mentor Graphics

Details about the transaction:

Acquisition amount:

$100,000,000

Announcement:

11 June 2007

Details about the company:

For the semiconductor sector, Sierra Design Automation offers IC implementation system solutions.

Headquarter:

Santa Clara, California, United States

Where to find them:

Industry:

Manufacturing, Product Design, Semiconductor, Service Industry

Details about the buyer:

Software and hardware design solutions are offered by Mentor Graphics, a company that specializes in electronic design automation.

Headquarter:

Wilsonville, Oregon, United States

Where to find them:

The Vet Practice acquired by Apiam Animal Health

Details about the transaction:

Acquisition amount:

$8,300,000

Announcement:

23 June 2022

Details about the company:

The Vet Practice is a full-service veterinary clinic and canine rehabilitation facility.

Headquarter:

Whittlesea, Victoria, Australia

Where to find them:

Industry:

Health Care, Pet, Service Industry, Veterinary

Details about the buyer:

a business that specializes on animal health.

Headquarter:

Bendigo, Victoria, Australia

Where to find them:

Young Group of Companies acquired by Vertex Resource Group

Details about the transaction:

Acquisition amount:

$13,800,000

Announcement:

30 September 2022

Details about the company:

Tank services, trash management, project management, consultancy, and other industries are among those in which the Young Group of Companies works.

Headquarter:

Calgary, Alberta, Canada

Where to find them:

Industry:

Consulting, Project Management, Service Industry, Waste Management

Details about the buyer:

Vertex is a North American company that offers industrial services with an emphasis on the environment.

Headquarter:

Sherwood Park, Alberta, Canada

Where to find them: