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Announced

Completed

Texada Software completed the merger with Uptake Canada.

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

Canada

Majority

Completed

Private

analytics software

Acquisition

Merger

Domestic

Friendly

Single Bidder

Synopsis

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Texada Software, a creator of SaaS rental and mobile applications for the equipment industry, completed the merger with Uptake Canada, an equipment dealer software. Financial terms were not disclosed. “The equipment industry is eager to move away from disconnected data riddled with complexity. Dealerships and rental companies want a 360-degree understanding of customers and their interactions across the entire business. Only an integrated view will deliver operational excellence, and as a result, break down business silos. I’m thrilled that we are bringing together SaaS software leaders in rental management and dealership sales and service to manage the full lifecycle of customer possibilities,” Matt Harris, Texada Software CEO.

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