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New Deal


Announced

Completed

Thoma Bravo-backed Foundation Software completed the acquisition of AboutTime Technologies.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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United States

software development

Software

Acquisition

Domestic

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Private

Completed

Friendly

Single Bidder

Private Equity

Synopsis

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Thoma Bravo-backed Foundation Software, a developer of job cost accounting, project management and mobile applications, completed the acquisition of AboutTime Technologies, a software company and a developer of WorkMax, construction's leading platform for mobile project cost management. Financial terms were not disclosed. "AboutTime Technologies is a great addition to the Foundation Software product family because we share similar values — we both want to provide integrated, best-of-breed solutions to the construction community. We've known the team at AboutTime for years, so this fit feels very natural. The whole team is excited to take this to the next level," Mike Ode, Foundation Software CEO.

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