Announced
Financials
Sources
Tags
Acquisition
Friendly
Single Bidder
software development
mission-critical facility operations
Pending
Private
United States
Software
Majority
Domestic
Synopsis
Chekhub, an app-based operations management company, agreed to acquire Horizonline Technologies, a Florida-based firm specializing in mission-critical facility operations. Financial terms were not disclosed. "The addition of Horizonline will be a vital component of the Chekhub platform that will allow our customers to incorporate powerful CMMS functionality into our operations management platform. We see a benefit in combining the companies to increase our speed to market within mission-critical facilities to help solve operational challenges. Darryl has done a tremendous job building Horizonline into a successful company and we look forward to him joining the Chekhub executive team and learning from his experience," Jon Trout, Chekhub Founder and CEO.
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