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New Deal


Announced

Completed

Slack completed the acquisition of Rimeto.

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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Private

Completed

Acquisition

Software

Single Bidder

Friendly

Private Equity

United States

Majority

software development

Disposal

Synopsis

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Slack, an American international software company, completed the acquisition of Rimeto, a software company. Financial terms were not disclosed. "We’ve been on a mission to help everyone easily find and understand their colleagues – and all of the groups, teams, and projects within their organization. Joining Slack is a special opportunity to accelerate the impact and reach of the product we’ve spent years building. We couldn’t be more excited to help make Slack an even better platform for bringing human connection and collaboration to life," Ted Zagat, Rimeto Founder.

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