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Software
Who acquires Software companies
494 distinct acquirers across 642 recorded transactions, 2014 to 2026. Every buyer below has completed at least one acquisition in this sector.
642
Transactions
2014 to 2026
494
Named acquirers
distinct buyers
10.1x
Median EV/EBITDA
from 40 disclosed
$67m
Median deal size
enterprise value
Most active acquirers
Ranked by number of acquisitions recorded in this sector. A buyer that has done this more than once has a thesis, and a thesis is what makes an approach worth making.
- Upland8 deals
- The Descartes Systems Group7 deals
- Ideagen7 deals
- Progress Software6 deals
- Enghouse Systems6 deals
- Wolters Kluwer4 deals
- OpenText4 deals
- Invitae4 deals
Recorded transactions
| Target | Acquirer | Date | Value | EV/EBITDA | EV/Revenue |
|---|---|---|---|---|---|
| Simulations Plus | Altaris | 2026-10-06 | $377m | 0.0x | 0.0x |
| Domo AI and data platform business | Progress Software Corporation | 2026-09-22 | $400m | 0.0x | 0.0x |
| Domo | Progress Software Corporation | 2026-09-22 | $0k | 0.0x | 0.0x |
| LivePerson | SoundHound AI | 2026-09-04 | $0k | 0.0x | 0.0x |
| Anysphere | Space Exploration Technologies Corp. | 2026-08-14 | $60.0bn | 0.0x | 0.0x |
| AMI TopCo | Lattice Semiconductor Corporation | 2026-07-27 | $0k | 0.0x | 0.0x |
| TruBridge | Inventurus Knowledge Solutions | 2026-07-09 | $0k | 0.0x | 0.0x |
| ConnectAndSell | Banzai International | 2026-07-02 | $0k | 0.0x | 0.0x |
| Cataneo GmbH | Brand Engagement Network Inc. | 2026-06-30 | $20m | 0.0x | 0.0x |
| Clearwater Analytics Holdings | Permira and Warburg Pincus-led Investor Group | 2026-06-25 | $8.4bn | 0.0x | 0.0x |
| Harmonic Video Business | Leone Media Inc. | 2026-06-16 | $145m | 0.0x | 0.0x |
| Virtus Digital Marketing Pty Ltd | CXApp Inc. | 2026-06-03 | $3m | 0.0x | 0.0x |
| Anira Consulting FZC | Sadot Group Inc. | 2026-06-02 | $12m | 0.0x | 0.0x |
| CSG Systems International | NEC Corporation | 2026-05-14 | $0k | 0.0x | 0.0x |
| Distributed Technologies Research Global Ltd. | Bakkt | 2026-04-30 | $0k | 0.0x | 0.0x |
| ON24 | Cvent | 2026-04-01 | $0k | 0.0x | 0.0x |
| OneStream | Hg | 2026-04-01 | $6.4bn | 0.0x | 0.0x |
| Continuum Software Technologies | Transglobal Management Group | 2026-03-20 | $0k | 0.0x | 0.0x |
| Confluent | International Business Machines Corporation | 2026-03-17 | $0k | 0.0x | 0.0x |
| CyberFish CyberPsychology Solutions Ltd | T Stamp Inc. | 2026-03-09 | $0k | 0.0x | 0.0x |
| Synchronoss Technologies | Lumine Group Inc. | 2026-02-13 | $258m | 0.0x | 0.0x |
| Dayforce | Thoma Bravo | 2026-02-04 | $0k | 0.0x | 0.0x |
| Jamf Holding Corp. | Francisco Partners | 2026-01-30 | $2.2bn | 0.0x | 0.0x |
| Teyamé 360 S.L. | Healthcare Triangle | 2026-01-29 | $0k | 0.0x | 0.0x |
| Tiltan Software Engineering Ltd. | Nukkleus Inc. | 2025-12-30 | $0k | 0.0x | 0.0x |
| DNA X LLC | Sonim Technologies | 2025-12-15 | $0k | 0.0x | 0.0x |
| RPM Interactive | Avalon GloboCare Corp. | 2025-12-12 | $20m | 0.0x | 0.0x |
| PROS Holdings | Thoma Bravo | 2025-12-09 | $0k | 0.0x | 0.0x |
| Sun Investment Enterprises Limited (iCapX Sdn. Bhd.) | OpGen | 2025-12-01 | $12m | 0.0x | 0.0x |
| Houren-Geiju Kabushikikaisha | FiEE | 2025-11-30 | $4m | 0.0x | 0.0x |
| Verint Systems Inc. | Calabrio | 2025-11-26 | $0k | 0.0x | 0.0x |
| Marigold Enterprise Business | Zeta Global Holdings Corp. | 2025-11-24 | $325m | 0.0x | 0.0x |
| 1542770 BC Ltd. business assets | Shuttle Pharmaceuticals Holdings | 2025-11-20 | $8m | 0.0x | 0.0x |
| Informatica Inc. | Salesforce | 2025-11-18 | $0k | 0.0x | 0.0x |
| WorkSimpli Software LLC | Lion Buyer | 2025-11-04 | $24m | 0.0x | 0.0x |
| HeartCore Inc. | Volaris Group UK Holdco LTD | 2025-10-31 | $12m | 0.0x | 0.0x |
| CoreCard Corporation | Euronet Worldwide | 2025-10-30 | $0k | 0.0x | 0.0x |
| MeridianLink | Centerbridge Partners | 2025-10-24 | $0k | 0.0x | 0.0x |
| AvidXchange Holdings | TPG and Corpay | 2025-10-15 | $2.2bn | 0.0x | 0.0x |
| Starchive.io | The Crypto Company | 2025-10-15 | $0k | 0.0x | 0.0x |
| Colossus Topco Limited | SS&C Technologies Holdings | 2025-10-14 | $1.0bn | 0.0x | 0.0x |
| GRID AI Corp | Entero Therapeutics | 2025-10-01 | $0k | 0.0x | 0.0x |
| Couchbase | Haveli Investments | 2025-09-24 | $1.5bn | 0.0x | 0.0x |
| Interactions | SoundHound AI | 2025-09-09 | $0k | 0.0x | 0.0x |
| ShoeSize.Me AG | My Size | 2025-09-08 | $440k | 0.0x | 0.0x |
| Medsphere Systems Corporation business assets | CareCloud | 2025-08-22 | $17m | 0.0x | 0.0x |
| Ansys | Synopsys | 2025-07-17 | $0k | 0.0x | 0.0x |
| Furscription | MWI Veterinary Supply Co. | 2025-07-14 | $5m | 0.0x | 0.0x |
| Sabre Hospitality Solutions | TPG | 2025-07-03 | $1.1bn | 0.0x | 0.0x |
| Niyama Healthcare mental health and HIS business and Ezovion Solutions Private Limited | Healthcare Triangle | 2025-06-16 | $5m | 0.0x | 0.0x |
| Brightflag | Wolters Kluwer | 2025-05-29 | $479m | 0.0x | 0.0x |
| Smart Bridge | Sagtec Global | 2025-05-29 | $18m | 0.0x | 0.0x |
| Crowdkeep IoT technology platform business | Veea Inc. | 2025-05-13 | $0k | 0.0x | 0.0x |
| Pivotree - Warehouse Management System (WMS) Assets | Tecsys | 2025-05-01 | $2m | 0.0x | 0.0x |
| Enfusion | Clearwater Analytics Holdings | 2025-04-21 | $1.5bn | 0.0x | 0.0x |
| Fictiv | MISUMI Group | 2025-04-17 | $350m | 0.0x | 0.0x |
| SolarWinds Corporation | Turn/River Capital | 2025-04-16 | $4.4bn | 0.0x | 0.0x |
| Paycor HCM | Paychex | 2025-04-14 | $4.1bn | 0.0x | 0.0x |
| Logility Supply Chain Solutions | Aptean | 2025-04-04 | $0k | 0.0x | 0.0x |
| CarePICS | Sanara MedTech Inc. | 2025-04-01 | $4m | 0.0x | 0.0x |
| Geomagic software business | Hexagon Manufacturing Intelligence | 2025-04-01 | $123m | 0.0x | 0.0x |
| Altair Engineering Inc. | Siemens Industry Software Inc. | 2025-03-26 | $0k | 0.0x | 0.0x |
| 3Gtms | The Descartes Systems Group | 2025-03-25 | $115m | 0.0x | 0.0x |
| Fin Technologies | Alkami Technology | 2025-03-17 | $393m | 0.0x | 0.0x |
| Aspen Technology | Emerson Electric Co. | 2025-03-12 | $0k | 0.0x | 0.0x |
| Bistro | Clearwater Analytics | 2025-03-12 | $125m | 0.0x | 0.0x |
| GROOVY Company | Pineapple Express Cannabis Company | 2025-03-05 | $0k | 0.0x | 0.0x |
| Cadence Process Proximity Compensation product line | Silvaco Group | 2025-03-04 | $0k | 0.0x | 0.0x |
| Identity Automation | Jamf | 2025-03-03 | $215m | 0.0x | 0.0x |
| Matterport | CoStar Group | 2025-02-28 | $0k | 0.0x | 0.0x |
| HashiCorp | International Business Machines Corporation | 2025-02-27 | $0k | 0.0x | 0.0x |
| Sertifi LLC | Flywire Corporation | 2025-02-24 | $330m | 0.0x | 0.0x |
| Zuora | Silver Lake Group | 2025-02-14 | $0k | 0.0x | 0.0x |
| Sandbox Banking | nCino | 2025-02-11 | $53m | 0.0x | 0.0x |
| BlackBerry Cylance endpoint security business | Arctic Wolf Networks | 2025-02-03 | $0k | 0.0x | 0.0x |
| Smartsheet Inc. | Blackstone Inc. and Vista Equity Partners | 2025-01-22 | $8.4bn | 0.0x | 0.0x |
| Aurenz | Mind | 2025-01-10 | $2m | 0.0x | 0.0x |
| Carbon6 | SPS Commerce | 2025-01-02 | $210m | 0.0x | 0.0x |
| Exousia Ai | Marijuana | 2025-01-01 | $500k | 0.0x | 0.0x |
| 3D Systems - Geomagic Software Business | Hexagon | 2024-12-12 | $123m | 0.0x | 0.0x |
| Ackroo | Paystone | 2024-12-12 | $16m | 10.5x | 3.0x |
| 1E | TeamViewer | 2024-12-10 | $720m | 0.0x | 9.4x |
| Solteq - Healthcare Software Solutions | Confirma Software | 2024-11-18 | $5m | 0.0x | 2.2x |
| Sharp Reflections | Computer Modelling Group | 2024-11-12 | $28m | 0.0x | 0.0x |
| Strata Health | VitalHub | 2024-10-30 | $28m | 0.0x | 2.9x |
| TraceGains | Veralto | 2024-10-07 | $350m | 0.0x | 0.0x |
| Information Services Group - Automation Unit | UST | 2024-10-02 | $20m | 0.0x | 0.0x |
| Airbase | Paylocity | 2024-09-04 | $325m | 0.0x | 0.0x |
| Copperleaf Technologies | IFS | 2024-08-29 | $760m | 0.0x | 0.0x |
| Amelia | SoundHound AI | 2024-08-08 | $80m | 0.0x | 0.0x |
| SupplyPike | SPS Commerce | 2024-08-01 | $119m | 0.0x | 0.0x |
| MedCurrent | VitalHub | 2024-07-30 | $26m | 0.0x | 0.0x |
| Silo AI | AMD | 2024-07-10 | $665m | 0.0x | 0.0x |
| BoxTop | The Descartes Systems Group | 2024-06-11 | $13m | 0.0x | 0.0x |
| entroCIM | WESCO | 2024-06-05 | $30m | 0.0x | 0.0x |
| Lexion | DocuSign | 2024-05-06 | $165m | 0.0x | 0.0x |
| Run:ai | NVIDIA | 2024-04-24 | $700m | 0.0x | 0.0x |
| ASD | The Descartes Systems Group | 2024-04-22 | $61m | 0.0x | 0.0x |
| ICD | Tradeweb Markets | 2024-04-08 | $785m | 0.0x | 0.0x |
| WSC | Curtiss-Wright | 2024-04-02 | $34m | 0.0x | 2.3x |
| Task | PAR Technology | 2024-03-11 | $206m | 0.0x | 0.0x |
| inviCRO | Calyx | 2024-03-06 | $115m | 0.0x | 0.0x |
| Sopra Banking Software | Axway | 2024-02-21 | $372m | 0.0x | 0.0x |
| Bulloch | Dover | 2024-01-31 | $114m | 0.0x | 0.0x |
| Intrahealth | Healwell AI | 2024-01-25 | $24m | 0.0x | 0.0x |
| Habu | LiveRamp | 2024-01-17 | $200m | 0.0x | 0.0x |
| Follow Up Boss | Zillow Group | 2023-11-01 | $400m | 0.0x | 0.0x |
| Industrial Vision Systems | Oxford Metrics | 2023-11-01 | $12m | 0.0x | 0.0x |
| Retail Pro | Nayax | 2023-10-30 | $37m | 0.0x | 0.0x |
| Payzer | WEX | 2023-10-26 | $250m | 0.0x | 0.0x |
| Bsquare | Kontron | 2023-10-11 | $38m | 0.0x | 1.1x |
| Smoove | PEXA | 2023-10-06 | $47m | 0.0x | 0.0x |
| Minalyze | Veracio | 2023-09-19 | $29m | 0.0x | 0.0x |
| Ignis Technologies | Bridger Aerospace | 2023-09-14 | $12m | 0.0x | 0.0x |
| PFSW | GXO Logistics | 2023-09-14 | $181m | 0.0x | 0.6x |
| Commify | ECI Partners (PE) | 2023-09-05 | $338m | 0.0x | 0.0x |
| Infinite ID | First Advantage | 2023-09-05 | $41m | 0.0x | 0.0x |
| Modus | Bigtincan | 2023-07-21 | $10m | 0.0x | 0.0x |
| FM:Systems | Johnson Controls | 2023-07-17 | $455m | 0.0x | 0.0x |
| Toon Boom | Integrated Media Co. LLC | 2023-07-13 | $112m | 0.0x | 0.0x |
| TM Group | AURELIUS Equity Opportunities (PE) | 2023-07-11 | $140m | 0.0x | 1.5x |
| Casetext | Thomson Reuters | 2023-06-26 | $650m | 0.0x | 0.0x |
| Broadbean | Veritone | 2023-05-31 | $52m | 0.0x | 0.0x |
| Embark | Applied Intuition | 2023-05-25 | $71m | 0.0x | 0.0x |
| Absolute | Crosspoint Capital Partners (PE) | 2023-05-11 | $870m | 101.9x | 4.4x |
| Lookingglass Cyber Solutions | ZeroFox | 2023-04-17 | $26m | 0.0x | 0.0x |
| SignUp Software | Insight Partners (PE) | 2023-04-17 | $280m | 0.0x | 0.0x |
| Blume Global | WiseTech Global | 2023-02-16 | $414m | 0.0x | 0.0x |
| ING - SparQ | Corlytics | 2023-01-25 | $6m | 0.0x | 0.0x |
| InstaDeep | BioNTech | 2023-01-10 | $557m | 0.0x | 0.0x |
| MarkLogic | Progress Software | 2023-01-03 | $355m | 0.0x | 0.0x |
| Cider Security | Palo Alto Networks | 2022-11-17 | $195m | 0.0x | 0.0x |
| SurePrep | Thomson Reuters | 2022-11-11 | $500m | 0.0x | 0.0x |
| eMundo | Gofore | 2022-10-27 | $9m | 0.0x | 0.0x |
| GenDx | Eurobio Scientific | 2022-10-03 | $152m | 0.0x | 0.0x |
| Rx Savings Solutions | McKesson | 2022-09-19 | $875m | 0.0x | 0.0x |
| RareWire | Remitly Global | 2022-08-16 | $80m | 0.0x | 0.0x |
| Comsof | IQGeo Group | 2022-08-12 | $15m | 0.0x | 0.0x |
| Micromine | Aspen Technology | 2022-07-27 | $640m | 0.0x | 0.0x |
| Stratus | SGH | 2022-06-29 | $225m | 0.0x | 0.0x |
| softgarden | Pracuj Group | 2022-06-14 | $133m | 0.0x | 0.0x |
| Reamined | ISC | 2022-06-01 | $35m | 0.0x | 0.0x |
| Codeplay Software | Intel | 2022-05-31 | $74m | 0.0x | 0.0x |
| Yotta | Causeway Technologies | 2022-05-30 | $80m | 0.0x | 0.0x |
| WhiteHat | Synopsys | 2022-04-27 | $330m | 0.0x | 0.0x |
| Generix | Pléiade Investissement (PE) | 2022-04-22 | $267m | 0.0x | 0.0x |
| Foxtrot | The Descartes Systems Group | 2022-04-21 | $4m | 0.0x | 0.0x |
| Pry | Brex | 2022-04-19 | $90m | 0.0x | 0.0x |
| Tictrac | Dialogue | 2022-04-13 | $56m | 0.0x | 0.0x |
| PDF forge | Avanquest Software | 2022-04-04 | $28m | 0.0x | 0.0x |
The 150 most recent of 642 recorded transactions in this sector. n/d means not disclosed. Most transactions close without a published multiple, which is why the disclosed count matters more than the median.
See all 642 Software transactions
Who owns Software & Internet companies
On PEStore, Software sits within Software & Internet. PEStore profiles the private equity firms and serial acquirers active there: what they own, how long they have held it, and every deal on record. Underlined acquirers above link to their profiles.
Software & Internet investors and acquirers on PEStoreMultiples across every sector
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