Cloud & SaaS Divestitures in 2019
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December 20, 2019
- Buyer
- J.D. Power
- Target
- Trilogy Automotive
- Seller
- Trilogy Enterprises
- Industry
- Cloud & SaaS
- Location
- Texas, United States
- Type
- Divestiture
J.D. Power has acquired Trilogy Automotive, the automotive software division of Trilogy Enterprises, and will integrate Trilogy's SaaS-based lead management platform into its Autodata Solutions division to expand OEM digital dealer capabilities. Trilogy Automotive's leadership and employees will join J.D. Power to scale the combined offering for OEMs and dealers.
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December 10, 2019
- Buyer
- ParkHub
- Target
- Wireless Carpark (WirelessCarpark.com)
- Seller
- Wireless Carpark (WirelessCarpark.com)
- Industry
- Cloud & SaaS
- Location
- Connecticut, United States
- Type
- Divestiture
Dallas-based ParkHub acquired the client relationships of Wireless Carpark to consolidate parking-technology services and open new markets for ParkHub's subscription-based parking solutions. As part of the deal, ParkHub added Wireless Carpark president John W. Beyer and treasurer Matt Allen to its advisory board to support integration and client service continuity.
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September 16, 2019
- Buyer
- HostPapa, Inc.
- Target
- PacificHost, Lunarpages, TheVine.net, Santa Barbara Web Hosting, eSolutions.net
- Seller
- Add2Net, Inc.
- Industry
- Cloud & SaaS
- Location
- California, United States
- Type
- Divestiture
HostPapa, a Canadian web hosting and cloud services provider, acquired the PacificHost brand and several supporting hosting brands (including Lunarpages, TheVine.net, Santa Barbara Web Hosting, and eSolutions.net) from Add2Net, Inc. The deal expands HostPapa's U.S. customer base and enables migration and infrastructure upgrades for the newly acquired customers.
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- Buyer
- Energy Services Group (ESG)
- Target
- Alpine Energy Systems (software assets / Ascent)
- Seller
- Alpine Energy Systems
- Industry
- Cloud & SaaS
- Location
- Illinois, United States
- Type
- Divestiture
Energy Services Group (ESG) expanded its commercial relationship with Nordic Energy Services and acquired the software assets of Alpine Energy Systems, including the Ascent customer and broker portal. The assets add SaaS capabilities — billing, data management, contact-center support, sales management and analytics — to ESG's retail energy platform; terms were not disclosed.
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April 17, 2019
- Target
- Astute, Inc.
- Seller
- Rubicon Technology Partners
- Industry
- Cloud & SaaS
- Location
- Ohio, United States
- Type
- Divestiture
Rubicon Technology Partners has completed the sale of Astute, Inc., a provider of AI-driven consumer engagement and digital self-service software that supports over 2,000 global brands. Terms of the transaction and the buyer were not disclosed; Rubicon said the exit positions Astute for continued growth following multi-year investments in recurring revenue, sales expansion and international presence.
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January 24, 2019
- Buyer
- WIRB-Copernicus Group (WCG)
- Target
- Velos eResearch (Velos, LLC)
- Seller
- Velos, LLC
- Industry
- Cloud & SaaS
- Location
- California, United States
- Type
- Divestiture
WCG's Clinical Services Division has acquired the Velos eResearch business line, a provider of clinical trial management system (CTMS) software. Velos will operate independently and retain its Fremont, California headquarters while WCG integrates the CTMS capabilities to expand technology offerings for its research customers.
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January 7, 2019
- Buyer
- Hussmann Services Corporation
- Target
- Exxeno LLC
- Seller
- Exxeno LLC
- Industry
- Cloud & SaaS
- Location
- United States
- Type
- Divestiture
Hussmann Services Corporation, a Panasonic company, acquired certain assets of Exxeno LLC to add a cloud-based SaaS monitoring and analytics solution for commercial refrigeration. The acquisition strengthens Hussmann’s IoT and predictive-maintenance capabilities to help food retailers reduce energy and maintenance costs.
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