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Announced

Completed

Civica completed the acquisition of Point Progress.

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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Completed

Majority

expanses management software

Single Bidder

Software

Acquisition

Domestic

Private

United Kingdom

software company

Friendly

Synopsis

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Civica, a consulting, software, and managed services provider, completed the acquisition of Point Progress, an expenses management software provider. Financial terms were not disclosed. The acquisition will enable Civica, a UK-headquartered global leader in cloud public sector software, to enhance its green offering to its customers around the world.

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