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New Deal


Announced

Completed

Insight Partners-backed Resolve Systems completed the acquistion of Ayehu.

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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United States

Private

information technology

Friendly

Private Equity

Domestic

Software

Majority

Single Bidder

Acquisition

Completed

Synopsis

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Insight Partners-backed Resolve Systems, a developer of application software, completed the acquistion of Ayehu, a no-code intelligent IT automation platform. Financial terms were not disclosed. "As we've watched the IT automation market evolve, we've seen two distinct needs emerge. There are those organizations that need to prioritize a fast time to value with out-of-the-box functionality, and those that need more powerful orchestration and integration capabilities to automate very complex, custom, and unique processes. With the acquisition of Ayehu, Resolve can now serve the full spectrum of IT automation needs under one umbrella," Vijay Kurkal, Resolve Systems CEO.

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