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New Deal


Announced

Ideagen to acquire DevonWay.

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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management software

United States

Friendly

Single Bidder

Acquisition

Software

Majority

Private

Cross Border

Pending

Synopsis

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Ideagen, a company that develops and markets capture, content and compliance software solutions, agreed to acquire DevonWay, a provider of compliance and operations management software to sectors such as energy and utilities, advanced manufacturing, nuclear power generation, and US national laboratories. Financial terms were not disclosed. “The addition of DevonWay will provide us with a very exciting opportunity to strengthen solutions for those complex high-risk industries that may have to meet the requirements of multiple regulatory bodies," Ben Dorks, Ideagen CEO.

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