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New Deal


Announced

Completed

Zebra Technologies completed the acquisition of Reflexis Systems for $575m.

Financials

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Transaction Value£447m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales8.7x
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Domestic

Private

United States

workforce management solutions

Acquisition

Friendly

software development

Software

Private Equity

Majority

Single Bidder

Completed

Synopsis

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Zebra Technologies, a provider of enterprise-level data capture and automatic identification solutions, completed its acquisition of Reflexis Systems, a privately-held provider of intelligent workforce management, execution, and communication solutions, from private equity firms Great Hill Partners and Sageview Capital for $575m. "The acquisition of Reflexis Systems fits squarely within our Enterprise Asset Intelligence vision of making every worker and asset at the edge connected, visible and fully optimized. Combining Reflexis’ market-leading platform with our complementary software offerings provides us the unique opportunity to unify the store associate experience and empower every front-line worker to execute the best next action. We are excited to welcome the Reflexis team to the Zebra family," Anders Gustafsson, Zebra Technologies CEO.

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