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Announced

Tailwind-backed Core BTS to acquire Aptera Software.

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

Software

Pending

software development

Domestic

Acquisition

United States

Private Equity

Majority

Friendly

Single Bidder

Synopsis

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Tailwind-backed Core BTS, an IT and managed services provider, agreed to acquire Aptera Software, a Fort Wayne, Indiana-based software development company. Financial terms were not disclosed. "We are thrilled to welcome the Aptera team to Core BTS and provide our clients with enhanced application development and modernization services to ensure that all facets of their transformation needs are met," Paul Lidsky, Core BTS CEO.

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