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New Deal


Announced

Completed

Mitratech completed the acquisition of Trakstar and Circa from Gauge Capital.

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

Acquisition

Completed

software developer

Private

Friendly

Private Equity

Single Bidder

United States

Domestic

Majority

Synopsis

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Mitratech, a provider of legal, compliance, and HR software, completed the acquisition of software developers Trakstar and Circa from Gauge Capital, a private equity firm. Financial terms were not disclosed. “Both Circa and Trakstar are perfect complements to the existing Mitratech platform, and champions of the markets where we see our HR portfolio expanding. Having the ability to intentionally source and recruit underrepresented individuals, as well as analyze and report on labor and compensation data, is critical in today's job market and fundamental to organization's retention strategies – and Circa is a standout in this regard. Layer in the deep workforce analytics, performance management, and learning and development offered by Trakstar, and organizations are now empowered with integrated technologies for optimizing the performance of organizations, teams, and individuals," Mike Williams, Mitratech CEO.

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