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Announced

Completed

Accel-KKR-backed Springbrook Software completed the acquisition of PUBLIQ 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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Productivity Software

Software

United States

Private

Friendly

Acquisition

Domestic

Majority

Private Equity

Completed

Single Bidder

Synopsis

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Accel-KKR-backed Springbrook Software, a developer of cloud-based finance and administration software, completed the acquisition of PUBLIQ Software, a developer of a suite of comprehensive, integrated and scalable software intended for municipalities, counties, utility districts and other organizations in the public sector. Financial terms were not disclosed. "PUBLIQ Software will enable us to offer a new comprehensive and powerful property tax suite. It will be fully integrated with our Cirrus financial ERP and will provide our customers with the strongest, most complete and secure platform for running local government agencies," Robert Bonavito, Springbrook CEO.

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