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Announced

Completed

Appfire completed the acquisition of Innovalog.

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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Cross Border

Single Bidder

Software

Majority

workflow automation

Acquisition

productivity apps

Friendly

France

Completed

Private

Synopsis

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Appfire, a provider of apps for software development teams, completed the acquisition of Innovalog, a provider of workflow automation and productivity apps. Financial terms were not disclosed. “With the acquisition of Innovalog, we are furthering our investment in workflow automation tools, as increasingly more Atlassian teams are looking to accelerate and modernize how work is performed throughout their organizations. JMWE gives our customers additional configuration power through simplified scripting. We welcome David and the Innovalog team to the Appfire portfolio of brands and look forward to continuing to grow its widely used products,” Randall Ward, Appfire Co-Founder and CEO.

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