KBS - Software-as-a-Service - Market Insight

M&A ACTIVITY IN THE SOFTWARE-AS-A-SERVICE SECTOR

MD CONSENTS ACQUIRED BY ENGAGEDMD

KBS DEAL

London-based MD Consents, a specialist provider of SaaS solutions for the healthcare sector, was sold to American company Engaged MD, a developer of intuitive solutions which automate administrative healthcare delivery tasks.

FORECAST ACQUIRED BY ACCELO

Altrincham-based Forecast, a global provider of AI-powered project and resource management software, was acquired by Accelo, a cloud-based platform for Professional Services Automation.

PUSHFAR ACQUIRED BY SCALEUP CAPITAL

KBS DEAL

PushFar, a world-leading, London-based global mentoring software platform utilised by professionals and students to progress their careers, was sold to ScaleUp Capital, which invests in growing companies to accelerate their expansion.

SOCIAL SNOWBALL ACQUIRED BY DOTDIGITAL

London-based cross-channel marketing automation platform and services provider Dotdigital acquired American influencer and affiliate marketing platform Social Snowball in a deal valued at $35m (£25m).

ADVIZZO ACQUIRED BY CALISEN

KBS DEAL

Advizzo, developer of a comprehensive SaaS solution that enables commercial organisations and their consumers to improve energy sustainability and cost efficiency, was sold to Manchester-based energy infrastructure specialist Calisen.