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New Deal


Announced

Geopointe and LevelEleven to merge into Ascent Cloud.

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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performance monitoring software

Pending

Friendly

United States

Majority

Merger

Single Bidder

Software

Private

Synopsis

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Geopointe, a geolocation software company, and LevelEleven, a performance management software company, agreed to merge into Ascent Cloud. Financial terms were not disclosed. "Geopointe has been helping our customers by providing geographical insights to sales and customer-facing teams for 10 years. We are excited to broaden the solutions we can provide to our 1.6k+ customers with the addition of LevelEleven’s performance management suite," Scott Hemmeter, Geopointe CEO.

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