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New Deal


Announced

Pluribus Technologies completed the acquisition of CHL 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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software development

Cross Border

Private

Majority

Single Bidder

United Kingdom

Completed

Software

Friendly

Acquisition

Synopsis

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Pluribus Technologies, which specializes in acquiring small, profitable software companies, completed the acquisition of CHL Software, the developer of DocMoto, an app-based document and email management system. Financial terms were not disclosed. "The acquisition of Docmoto enables Pluribus to expand its digital enablement footprint into the document management space and gives us our first acquisition in the UK market. We see significant opportunities to not only increase DocMoto's sales into law firms in North America and the UK, but to cross-sell into the legal departments of Fortune 500 customers in the Pluribus portfolio of companies," Richard Adair, Pluribus CEO.

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