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New Deal


Announced

Completed

Insight Partners-backed LeaseAccelerator completed the acquisition of LeaseController from Deloitte.

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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Private

Cross Border

Private Equity

United Kingdom

Friendly

Majority

Single Bidder

saas

Software

Acquisition

Completed

Synopsis

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Insight Partners-backed LeaseAccelerator, an information technology company that specializes in the fields of lease lifecycle management, lease administration, and free cash flow, completed the acquisition of LeaseController, Software-as-a-Service product, from Deloitte, a global provider of audit and assurance, consulting, financial advisory, risk advisory, tax, and related services. Financial terms were not disclosed. “LeaseController is an excellent fit with LeaseAccelerator’s existing solution portfolio and with our business strategy. Our focus on building easy-to-use SaaS solutions and a culture of client success is enhanced by Deloitte’s platform. Our LeaseController clients now have access to LeaseAccelerator’s full portfolio of enterprise solutions including real estate administration, equipment lease sourcing, and emissions management, and will benefit from ongoing investments in new product development and global support,” Michael J. Keeler, LeaseAccelerator CEO.

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