In September, Olo, an open SaaS platform for restaurants that offers digital ordering, payments and guest engagement solutions, was sold to Thoma Bravo for $1.7 billion at a 4.4 times revenue exit multiple. The deal will enable Thoma Bravo to capitalize on the millions of transactions Olo processes each day and the relationship it has built up with 750 restaurant brands across 88,0000 locations.
In July, AccuLynx, a SaaS platform for residential property contractors with a focus on the roofing industry, was acquired for $2.35 billion by Verisk. The company represents a natural extension of its property estimating solutions business and the deal will create opportunities for all parties in the insurance claims and restoration ecosystem, including contractors.
In September, Acclym, an enterprise-grade agricultural intelligence company, was purchased by CropX to integrate new capabilities into its agronomic farm management system to expand its use cases in the realm of regenerative agriculture and sustainable supply chains.
In August, Nexvia, a provider of project management SaaS solutions for SMEs in the construction industry, was bought by Felix for $6.2 million at a 2.9 times revenue multiple. This acquisition will create a seamless, end-to-end experience for its customers that boosts productivity, collaboration and project visibility.
In July, riteSOFT, a developer of mobile warehouse and time tracking and scheduling software for small- to-mid-sized manufacturers, was pocketed by SYSPRO to improve its smart manufacturing capabilities and help it meet client demands for automation on the shop floor and in the warehouse.
If you are aiming to learn about the key deals and valuations for Blue-Collar technology companies, then you've come to the right place. With our report, you'll get valuable information that will inform the future of your company, and educate yourself on the current trends in the market.