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Completed

TA Associates and True Wind-backed e-Emphasys Technologies completed the merger with CDK Global Heavy Equipment.

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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United States

heavy equipment industry

Software

software development

Acquisition

Domestic

Majority

Completed

Single Bidder

Private

Friendly

Merger

Private Equity

Synopsis

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TA Associates and True Wind-backed e-Emphasys Technologies, a global software provider for the heavy equipment and industrial machinery industry, completed the merger with CDK Global Heavy Equipment, a copany that provides management software solutions. Financial terms were not disclosed. “Today’s announcement solidifies e-Emphasys as an industry leader and reinforces our commitment to delivering even more innovation and greater value to all our clients and partners.. Adding CDK Global Heavy Equipment’s talented team of associates, patented intellectual property, and exceptional service and support operations will expand our global footprint, bringing modern solutions and a seamless customer experience to clients who want to grow their businesses based on the latest technology and industry best practices,” Jeffrey Hart, e-Emphasys Technologies CEO.

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