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Announced

Completed

Battery Ventures-backed Craftview Software completed the acquisition of Extrabat.

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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Acquisition

Cross Border

France

Software

Single Bidder

Friendly

Completed

Private Equity

Majority

software as a service

management software

Private

Synopsis

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Battery Ventures-backed Craftview Software, a software publisher specializing in solutions for the construction sector, completed the acquisition of Extrabat, a publisher French SaaS management software. Financial terms were not disclosed. "We are very excited to welcome Extrabat to the Craftview Software family,. We are developing a micro-vertical strategy that does not treat every customer the same. Our soluIons are customized for each of the niches we focus on. This acquisition underscores that philosophy and expands our market opportunities in new geographies. We will continue to bring Extrabat's cloud platform to the attention of customers and tap into existing and new market segments with vertical-specific solutions that help our customers improve their business," Klaus Enke, Craftview CEO.

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