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New Deal


Announced

iOFFICE to acquire ManagerPlus.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Friendly

Pending

Majority

Single Bidder

Private

Software

United States

asset management SaaS provider

asset management

Synopsis

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iOFFICE, a digital workplace experience solutions company, agreed to acquire ManagerPlus, an asset management SaaS provider. Financial terms were not disclosed. "We recognize that today's business and technology landscape has changed the workplace, causing a substantial focus to be placed on the employee experience. With that said, uniting ManagerPlus' platform with our own is the logical next chapter in our growth story. The acquisition addresses two of iOFFICE's largest long-term business objectives, the expansion of our current digital technology suite, as well as offering a broader, industry-leading solution set to future clients," Mark Peterson, iOFFICE CEO.

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