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New Deal


Announced

Completed

Ideagen completed the acquisition of Qualtrax for $15m.

Financials

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Transaction Value£10m
Consideration TypeCash, Contingent Deferred Consideration
Capital Owned-
Capital Bid For100%
EV/Sales2.9x
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Software

compliance software

Single Bidder

United States

Friendly

Acquisition

Private

Majority

Cross Border

Completed

Synopsis

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Ideagen, a supplier of regulatory and compliance software, completed the acquisition of Qualtrax, a compliance software provider, for $15m. "I am very pleased to announce the addition of Qualtrax to our Group and the expansion of our presence in the United States. Qualtrax brings a high quality customer base, strong growth, a high level of recurring revenue and also bolsters our platform for expansion in the USA," Ben Dorks, Ideagen CEO.

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