38 Acquisitions of Companies in the SaaS Industry

January 15, 2023
Acquisitions Hub

Company acquisitions in the SaaS 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 38 acquisitions that took place in the SaaS industry.

Brand Embassy acquired by NICE Systems

Details about the transaction:

Acquisition amount:

$33,519,591

Announcement:

16 May 2019

Details about the company:

The Omnichannel Era of Digital Transformation. Agile. Customer service that is scalable

Headquarter:

London, England, United Kingdom

Where to find them:

Industry:

Analytics, Brand Marketing, Customer Service, SaaS, Social Media, Software

Details about the buyer:

For enterprises, NICE Systems offers intent-based systems that record and examine customer interactions and transactions.

Headquarter:

Ra'anana, HaMerkaz, Israel

Where to find them:

CognitiveScale acquired by Tecnotree

Details about the transaction:

Acquisition amount:

$6,000,000

Announcement:

11 December 2022

Details about the company:

A business AI platform is called CognitiveScale.

Headquarter:

Austin, Texas, United States

Where to find them:

Industry:

Artificial Intelligence, Big Data, Health Insurance, Information Services, Information Technology, Machine Learning, SaaS, Software

Details about the buyer:

A telecoms business called Tecnotree Corporation creates and provides messaging and pricing solutions for carriers.

Headquarter:

Espoo, Southern Finland, Finland

Where to find them:

Contactlab acquired by MailUp

Details about the transaction:

Acquisition amount:

$5,522,982

Announcement:

3 April 2022

Details about the company:

Brands that can personalize messaging and strengthen their engagement with customers thanks to technology and services

Headquarter:

Milan, Lombardia, Italy

Where to find them:

Industry:

Analytics, Big Data, Digital Marketing, Email Marketing, Fashion, Retail Technology, SaaS, Software, Travel

Details about the buyer:

A software as a service company that specialized in SMS and email. modern programs for creating, automating, and reporting emails

Headquarter:

Milan, Lombardia, Italy

Where to find them:

Covalent Software acquired by Ideagen

Details about the transaction:

Acquisition amount:

$4,693,348

Announcement:

8 August 2016

Details about the company:

For the public sector in the UK, Covalent Software creates performance management software solutions.

Headquarter:

Taunton, Somerset, United Kingdom

Where to find them:

Industry:

SaaS, Software

Details about the buyer:

Software for compliance-based information management is offered by Ideagen.

Headquarter:

Ruddington, Nottinghamshire, United Kingdom

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:

Helpshift acquired by Keywords Studios

Details about the transaction:

Acquisition amount:

$75,000,000

Announcement:

5 December 2022

Details about the company:

A conversational customer care platform called Helpshift uses messaging-based communication, AI, and bots.

Headquarter:

San Francisco, California, United States

Where to find them:

Industry:

Artificial Intelligence, CRM, Customer Service, Internet, Mobile, SaaS

Details about the buyer:

The video game industry receives technological support from Keywords Studios.

Headquarter:

Dublin, Dublin, Ireland

Where to find them:

House of Control acquired by Visma

Details about the transaction:

Acquisition amount:

$64,200,000

Announcement:

26 September 2022

Details about the company:

Software as a service (SaaS) solutions for contract administration and IFRS 16 compliance are created by the tech firm House of Control.

Headquarter:

Høvik, Akershus, Norway

Where to find them:

Industry:

Accounting, Asset Management, Contact Management, SaaS

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Oslo, Oslo, Norway

Where to find them:

MP Objects acquired by Kinaxis

Details about the transaction:

Acquisition amount:

$45,000,000

Announcement:

16 August 2022

Details about the company:

MPO offers a worldwide SaaS platform for order planning and execution that makes use of current corporate IT investments.

Headquarter:

Rotterdam, Zuid-Holland, The Netherlands

Where to find them:

Industry:

SaaS, Software

Details about the buyer:

Leading supplier of cloud-based subscription software is Kinaxis.

Headquarter:

Ottawa, Ontario, Canada

Where to find them:

NurseGrid acquired by HealthStream

Details about the transaction:

Acquisition amount:

$25,000,000

Announcement:

9 March 2020

Details about the company:

A company called Nursegrid develops online collaboration and communication technologies.

Headquarter:

Portland, Oregon, United States

Where to find them:

Industry:

Health Care, Hospital, SaaS, Scheduling, Software

Details about the buyer:

To satisfy the needs of training, knowledge, and education, HealthStream offers internet-based learning and research solutions.

Headquarter:

Nashville, Tennessee, United States

Where to find them:

Octadesk acquired by Locaweb

Details about the transaction:

Acquisition amount:

$19,621,799

Announcement:

3 August 2021

Details about the company:

Software provider Octadesk offers a multi-channel SaaS platform for help desk, service desk, and customer support.

Headquarter:

São Paulo, Sao Paulo, Brazil

Where to find them:

Industry:

Information Services, Information Technology, SaaS, Software

Details about the buyer:

For SMEs, Locaweb provides SaaS solutions including an e-commerce platform, payment options, an ERP system, point-of-sale equipment, marketing tools, and web presence options.

Headquarter:

São Paulo, Sao Paulo, Brazil

Where to find them:

SalesVoodoo acquired by xRM Global

Details about the transaction:

Acquisition amount:

$13,000,000

Announcement:

2 October 2009

Details about the company:

Enterprise customer relationship management platform as a service provided by EM Technologies.

Headquarter:

Atlanta, Georgia, United States

Where to find them:

Industry:

CRM, Information Technology, SaaS, Sales

Details about the buyer:

The enterprise relationship management tool xRM Global helps firms to change.

Headquarter:

Bridgetown, Saint Michael, Barbados

Where to find them:

Gurus Solutions acquired by Alan Allman Associates

Details about the transaction:

Acquisition amount:

$1,574,006

Announcement:

8 February 2022

Details about the company:

Gurus Solutions has 15 years of expertise helping organizations expand up using cloud technology and has been a 5-star NetSuite ERP & Dell Boomi partner for 9 years.

Headquarter:

Montréal, Quebec, Canada

Where to find them:

Industry:

Cloud Computing, Consulting, Enterprise Resource Planning (ERP), Information Technology, Professional Services, SaaS, Software

Details about the buyer:

Alan Allman Associates is an ecosystem made up of 21 separate businesses that have been developed and are each focused on a certain industry or line of work.

Headquarter:

Issy-les-moulineaux, Ile-de-France, France

Where to find them:

Torchlight acquired by LifeSpeak

Details about the transaction:

Acquisition amount:

$17,250,000

Announcement:

13 December 2021

Details about the company:

Health plans and SaaS business employee benefits

Headquarter:

Burlington, Massachusetts, United States

Where to find them:

Industry:

Children, Elderly, Employee Benefits, Health Care, Human Resources, SaaS, Wellness

Details about the buyer:

A new company called LifeSpeak educates workers about their mental health and fitness.

Headquarter:

Toronto, Ontario, Canada

Where to find them:

Zamurai acquired by LastPass

Details about the transaction:

Acquisition amount:

$6,000,000

Announcement:

4 June 2015

Details about the company:

a San Francisco-based firm that produced the well-known iPad whiteboard app.

Headquarter:

San Jose, California, United States

Where to find them:

Industry:

Marketing, Mobile, SaaS

Details about the buyer:

For both organizations and people, LogMeIn offers SaaS-based remote connectivity, collaboration, and support solutions.

Headquarter:

Boston, Massachusetts, United States

Where to find them:

e-bot7 acquired by LivePerson

Details about the transaction:

Acquisition amount:

$53,100,000

Announcement:

20 July 2021

Details about the company:

A low-code Conversational AI platform from e-bot7 enables businesses to increase the effectiveness of customer care.

Headquarter:

München, Bayern, Germany

Where to find them:

Industry:

Artificial Intelligence, CRM, Machine Learning, Marketing Automation, SaaS, Sales Automation, Software, Virtual Assistant

Details about the buyer:

LivePerson offers real-time, intelligent customer interaction tools that support businesses in improving their client connections.

Headquarter:

New York, New York, United States

Where to find them:

Hiper acquired by Linx

Details about the transaction:

Acquisition amount:

$12,974,227

Announcement:

2 April 2019

Details about the company:

Hiper is a point-of-sale system that helps Brazilian SMB merchants manage their stores more effectively.

Headquarter:

Brusque, Santa Catarina, Brazil

Where to find them:

Industry:

Point of Sale, Retail, SaaS, Software

Details about the buyer:

Through its companies, Linx Retail offers management software solutions for the Brazilian and worldwide retail markets.

Headquarter:

São Paulo, Sao Paulo, Brazil

Where to find them:

Paygroup acquired by Deel

Details about the transaction:

Acquisition amount:

$79,952,583

Announcement:

21 November 2022

Details about the company:

Paygroup is a supplier of cloud-based Human Capital Management (HCM) software and business process outsourcing (BPO) services.

Headquarter:

Melbourne, Victoria, Australia

Where to find them:

Industry:

Human Resources, Outsourcing, SaaS, Software

Details about the buyer:

Deel is a platform for payroll and compliance for foreign workers and contractors.

Headquarter:

San Francisco, California, United States

Where to find them:

Roi Rekrytering acquired by Poolia

Details about the transaction:

Acquisition amount:

$3,512,132

Announcement:

1 February 2022

Details about the company:

Roi Rekrytering is a rapidly expanding HR-Tech business.

Headquarter:

Malmö, Skane Lan, Sweden

Where to find them:

Industry:

Human Resources, Recruiting, SaaS

Details about the buyer:

Poolia is a privately held business that places talented people in both permanent and temporary positions.

Headquarter:

Stockholm, Stockholms Lan, Sweden

Where to find them:

SafetyTek Software acquired by Safety Evolution

Details about the transaction:

Acquisition amount:

$1,552,132

Announcement:

1 July 2022

Details about the company:

The company's safety policy is sent digitally to employees' phones, tablets, and PCs in real-time through SafetyTek.

Headquarter:

Saskatoon, Saskatchewan, Canada

Where to find them:

Industry:

Document Management, Information Technology, SaaS, Security, Software

Details about the buyer:

A firm called Safety Evolution was established to provide an inexpensive HSE Management System in response to this requirement.

Headquarter:

Kelowna, British Columbia, Canada

Where to find them:

PubPlus acquired by Clearpier

Details about the transaction:

Acquisition amount:

$60,000,000

Announcement:

25 May 2022

Details about the company:

For content producers, PubPlus is a revenue attribution platform that monetizes and oversees audience and distribution initiatives.

Headquarter:

Tel Aviv, Tel Aviv, Israel

Where to find them:

Industry:

Analytics, Content, Digital Media, Publishing, SaaS

Details about the buyer:

A performance marketplace for marketers and publishers is called ClearPier.

Headquarter:

Toronto, Ontario, Canada

Where to find them:

Adestra acquired by Upland BlueVenn

Details about the transaction:

Acquisition amount:

$60,200,000

Announcement:

14 December 2018

Details about the company:

For large and expanding companies, Adestra is a dependable source of first-person marketing solutions.

Headquarter:

Oxford, Oxfordshire, United Kingdom

Where to find them:

Industry:

Advertising Platforms, Big Data, Data Integration, Email, Email Marketing, Enterprise Software, Marketing Automation, Messaging, SaaS

Details about the buyer:

A cloud-based corporate application called Upland aids companies in connecting with customers across important digital channels.

Headquarter:

Austin, Texas, United States

Where to find them:

Banzai acquired by High Attendance

Details about the transaction:

Acquisition amount:

$1,200,000

Announcement:

17 May 2020

Details about the company:

The modern marketer's tool for boosting attendance and streamlining online, hybrid, and physical event experiences is Banzai.

Headquarter:

Seattle, Washington, United States

Where to find them:

Industry:

Event Promotion, Events, Marketing, Marketing Automation, SaaS, Software

Details about the buyer:

Business organizations may organize corporate events with the aid of High Attendance, a cloud-based enterprise event management tool.

Headquarter:

Tampa, Florida, United States

Where to find them:

Curricula acquired by Huntress

Details about the transaction:

Acquisition amount:

$22,000,000

Announcement:

19 July 2022

Details about the company:

Curriculum is an entertaining online learning environment with phishing simulation and security awareness training.

Headquarter:

Atlanta, Georgia, United States

Where to find them:

Industry:

Content, Content Creators, Corporate Training, E-Learning, Information Technology, Media and Entertainment, Network Security, Privacy, SaaS, Security

Details about the buyer:

A cybersecurity business called Huntress assists in thwarting covert attacks that evade detection by preventative security measures.

Headquarter:

Ellicott City, Maryland, United States

Where to find them:

ERPyme acquired by Maxxa

Details about the transaction:

Acquisition amount:

$4,000,000

Announcement:

8 April 2022

Details about the company:

using a straightforward software platform, business information, and financial education to increase the success percentage of small enterprises.

Headquarter:

Temuco, Araucania, Chile

Where to find them:

Industry:

Business Intelligence, Financial Services, SaaS, Small and Medium Businesses, Software

Details about the buyer:

In Latin America, Maxxa offers SMB clients financing + software solutions.

Headquarter:

Santiago, Region Metropolitana, Chile

Where to find them:

SenseHawk acquired by Reliance Industries

Details about the transaction:

Acquisition amount:

$32,000,000

Announcement:

6 September 2022

Details about the company:

For the infrastructure sector, SenseHawk is a SaaS supplier of data analytics, integration, and workflow management software.

Headquarter:

Saratoga, California, United States

Where to find them:

Industry:

Analytics, Asset Management, Construction, Drones, Infrastructure, Power Grid, SaaS, Software, Solar, Task Management

Details about the buyer:

Reliance Industries works in the petrochemical, textile, retail, and energy industries.

Headquarter:

Mumbai, Maharashtra, India

Where to find them:

Live Keeping acquired by IndiaMART

Details about the transaction:

Acquisition amount:

$6,000,000

Announcement:

25 March 2022

Details about the company:

A SaaS platform called Live Keeping creates accounting software and company management solutions.

Headquarter:

Ahmadabad, Gujarat, India

Where to find them:

Industry:

Accounting, Consulting, IT Management, SaaS, Software

Details about the buyer:

An online B2B marketplace called IndiaMART.com links suppliers and customers.

Headquarter:

Noida, Uttar Pradesh, India

Where to find them:

MailerLite acquired by Vercom S.A

Details about the transaction:

Acquisition amount:

$90,000,000

Announcement:

28 April 2022

Details about the company:

Digital marketing solutions help expand your audience more quickly and increase sales more effectively. 24/7 award-winning support is provided.

Headquarter:

San Francisco, California, United States

Where to find them:

Industry:

Digital Marketing, Email Marketing, Enterprise Software, Marketing Automation, SaaS

Details about the buyer:

Vercom develops CPaaS platforms, opening up new channels for corporate and individual interaction.

Headquarter:

Poznan, Wielkopolskie, Poland

Where to find them:

Navegate acquired by Radiant Logistics

Details about the transaction:

Acquisition amount:

$35,000,000

Announcement:

6 December 2021

Details about the company:

Supply chain software provider Navegate provides cloud-based software and services for logistics management.

Headquarter:

Mendota, Minnesota, United States

Where to find them:

Industry:

Information Technology, Logistics, SaaS, Supply Chain Management, Transportation

Details about the buyer:

One of the fastest growing logistics companies, Radiant is a publicly traded firm that provides non-asset based third party logistics services.

Headquarter:

Bellevue, Washington, United States

Where to find them:

OnSIP acquired by Ooma

Details about the transaction:

Acquisition amount:

$9,750,000

Announcement:

1 September 2022

Details about the company:

Leading company OnSIP offers enterprises real-time communications services.

Headquarter:

New York, New York, United States

Where to find them:

Industry:

Internet, PaaS, SaaS, Telecommunications, Unified Communications, Video Chat, VoIP

Details about the buyer:

Ooma creates powerful connected experiences in home and small business telecommunications service, as well as affordable home security.

Headquarter:

Sunnyvale, California, United States

Where to find them:

ParaSure acquired by Microsoft

Details about the transaction:

Acquisition amount:

$100,000,000

Announcement:

6 January 2014

Details about the company:

A wide range of decontamination consumables are offered by ParaSure.

Headquarter:

Herndon, Virginia, United States

Where to find them:

Industry:

Cloud Storage, Customer Service, Internet, SaaS, Software

Details about the buyer:

A software company called Microsoft creates, produces, licenses, sells, and maintains a variety of software goods and services.

Headquarter:

Redmond, Washington, United States

Where to find them:

Pharmacy Access Solutions Inc. acquired by FGC Health

Details about the transaction:

Acquisition amount:

$4,024,863

Announcement:

3 March 2022

Details about the company:

Pharmacy Access Solutions Inc. offers healthcare organizations software as a service (SaaS).

Headquarter:

Mississauga, Ontario, Canada

Where to find them:

Industry:

Health Care, Information Technology, SaaS, Software

Details about the buyer:

A new generation of pharmacists needs an ownership bridge, and that is what FGC Health is committed to providing.

Headquarter:

Winnipeg, Manitoba, Canada

Where to find them:

Premonition.io acquired by Shippit

Details about the transaction:

Acquisition amount:

$15,297,434

Announcement:

22 March 2022

Details about the company:

SaaS

Headquarter:

Sydney, New South Wales, Australia

Where to find them:

Industry:

Information Technology, Logistics, SaaS, Software

Details about the buyer:

Connectivity across several carriers and carrier allocation are made simple with Shippit.

Headquarter:

Sydney, New South Wales, Australia

Where to find them:

Render Networks acquired by IFM Investors

Details about the transaction:

Acquisition amount:

$40,000,000

Announcement:

11 May 2022

Details about the company:

A geographic network deployment technology called Render Networks creates networks for its consumers.

Headquarter:

Highlands Ranch, Colorado, United States

Where to find them:

Industry:

Internet, SaaS, Software, Telecommunications, Wired Telecommunications

Details about the buyer:

Leading international provider of investing services is IFM Investors.

Headquarter:

Melbourne, Victoria, Australia

Where to find them:

rplan acquired by InvestCloud

Details about the transaction:

Acquisition amount:

$20,000,000

Announcement:

11 June 2018

Details about the company:

Rplan offers financial institutions fintech software.

Headquarter:

London, England, United Kingdom

Where to find them:

Industry:

FinTech, SaaS

Details about the buyer:

InvestCloud is a multinational organization with a focus on digital platforms that facilitate the creation of financial solutions.

Headquarter:

West Hollywood, California, United States

Where to find them:

Sharktower AI acquired by MyProteus

Details about the transaction:

Acquisition amount:

$13,591,148

Announcement:

20 February 2022

Details about the company:

With our AI project management platform, Sharktower AI hopes to revolutionize how organizations implement change.

Headquarter:

Edinburgh, Edinburgh, City of, United Kingdom

Where to find them:

Industry:

Artificial Intelligence, Machine Learning, Project Management, SaaS, Software

Details about the buyer:

A technology firm called MyProteus offers digital solutions and project management to help businesses flourish.

Headquarter:

Stow Cum Quy, Cambridgeshire, United Kingdom

Where to find them:

Tookitaki acquired by Thunes

Details about the transaction:

Acquisition amount:

$20,000,000

Announcement:

18 April 2022

Details about the company:

Regtech business Tookitaki provides financial crime detection and prevention to some of the top banks and fintech companies in the globe.

Headquarter:

Singapore, Central Region, Singapore

Where to find them:

Industry:

Compliance, Finance, FinTech, Predictive Analytics, SaaS, Software

Details about the buyer:

Thunes provides a worldwide cross-border payment network that enables quick money transfers in 60 different currencies to 100 different countries.

Headquarter:

Singapore, Central Region, Singapore

Where to find them:

Wisenet acquired by Adapt IT

Details about the transaction:

Acquisition amount:

$2,163,720

Announcement:

9 January 2019

Details about the company:

Vocational training schools can use Wisenet's "software-as-a-service learning relationship management system."

Headquarter:

Melbourne, Victoria, Australia

Where to find them:

Industry:

Information Technology, SaaS, Software

Details about the buyer:

Innovative ICT company Adapt IT Holdings Limited is situated in South Africa and listed on the Johannesburg Stock Exchange (JSE).

Headquarter:

Midrand, NA - South Africa, South Africa

Where to find them:

Zephr acquired by Zuora

Details about the transaction:

Acquisition amount:

$44,000,000

Announcement:

24 August 2022

Details about the company:

A technological platform called Zephr helps media firms increase their subscription income.

Headquarter:

London, England, United Kingdom

Where to find them:

Industry:

Advertising, Content Delivery Network, Digital Media, Publishing, SaaS

Details about the buyer:

Zuora offers subscription-based cloud software that aids in the development, management, and conversion of businesses into subscription businesses.

Headquarter:

San Mateo, California, United States

Where to find them: