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New Deal


Announced

Completed

SmartBear completed the acquisition of Reflect.

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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Software

Completed

United States

Innovate Intelligent Testing Solutions

Acquisition

Domestic

Majority

Private

Single Bidder

Friendly

Synopsis

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SmartBear, a provider of software testing and visibility solutions, completed the acquisition of Reflect, an AI-powered no-code testing platform for web applications. Financial terms were not disclosed. "As companies increasingly look to the impact of GenAI, SmartBear is taking a unique and intentional approach to delivering real value for our customers with our products that have been loved and trusted for years," SmartBear Frank Roe CEO.

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