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New Deal


Announced

Completed

Serent Capital-backed Studio Designer completed the acquisition of DesignDocs.

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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interior design

Acquisition

Canada

Cross Border

Private

Private Equity

Majority

Single Bidder

accounting software

project financial management

Online and Social Platforms

Completed

Friendly

Synopsis

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Serent Capital-backed Studio Designer, a digital project management, product sourcing, and accounting platform for the interior design industry, completed the acquisition of DesignDocs, a project financial management and accounting software provider for interior designers. Financial terms were not disclosed. "We are excited that the entire DesignDocs team will be joining us at Studio Designer. Both Studio Designer and DesignDocs share an indelible commitment to powering the interior design industry with leading-edge software solutions." He concluded, "Together, we will be able to deliver more innovative solutions and efficiency-boosting products to our clients, enabling them to grow their businesses and spend more time on design," Keith Granet, Studio Designer Founder and CEO.

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