Transaction

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    GRO Capital Acquires Business Intelligence Software Leader TARGIT to Accelerate International Growth

GRO Capital Acquires Business Intelligence Software Leader TARGIT to Accelerate International Growth

Bowen Advisors Serves as M&A Advisor to TARGIT

BOSTON, March 15, 2017 – Bowen Advisors is pleased to announce that TARGIT A/S, a developer of agile business intelligence (BI) software solutions for small and mid-tier enterprises (SMEs), has been acquired by GRO Capital, a technology-focused middle market private equity firm based in Copenhagen, Denmark. With a deal team led by Bob Cronin and Chris Dubyak, Bowen Advisors acted as the exclusive sellside M&A advisor to TARGIT.

TARGIT’s powerful platform represents one of the few truly “bimodal” BI/analytics offerings that addresses both the self-serve … Read More

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    Alarm.com Closes Acquisition of Business Units from Icontrol Networks

Alarm.com Closes Acquisition of Business Units from Icontrol Networks

TYSONS, Va., March 08, 2017 (GLOBE NEWSWIRE) — Alarm.com (Nasdaq:ALRM), the leading platform solution for the connected home and business, today announced that it has completed its previously announced acquisition of two business units, Connect and Piper, from Icontrol Networks.

Connect, based in Redwood City, California, provides an interactive security and home automation platform that powers several service providers’ solutions including ADT Pulse®.  Piper, based in Ottawa, Canada, designs, produces and sells an all-in-one video and home automation hub.

“We are pleased to wrap up our acquisition of the Icontrol Connect … Read More

EXFO Acquires Ontology Systems

UK-based leader in real-time network topology discovery and service-chain mapping for automated root-cause analysis
Acquisition strengthens EXFO’s offering in service assurance and 3D analytics for hybrid physical-virtual networks and is a key step towards closed-loop automation

QUEBEC CITY, CANADA, March 2, 2017 — EXFO Inc. (NASDAQ: EXFO, TSX: EXF), the global network test, data and analytics experts, announces the company has acquired privately held Ontology Systems, technology leader in real-time network topology discovery and service-chain mapping, for a total consideration of US$7.6 million, net … Read More

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    Metaswitch Acquires OpenCloud to Further Accelerate Mobile Virtualization

Metaswitch Acquires OpenCloud to Further Accelerate Mobile Virtualization

Cloud native communications software leader adds open mobile TAS and service creation environment; offers complete, virtualized mobile solutions for 3G, 4G LTE and beyond

LOS ALTOS, Calif. — February 15, 2017 — Cloud native communications software leader Metaswitch today announced the acquisition of OpenCloud, recognized experts in mobile service enablement. Currently in use by more than 60 operators worldwide, OpenCloud products transform the real-time communications service layer to create innovative revenue-generating services and migrate traditional IN-based mobile voice services to IMS. This acquisition enables Metaswitch to offer global service providers … Read More

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    Stratoscale Acquires Database-As-A-Service Provider Tesora And Announces Availability of Relational Database Service to Accelerate Delivery of Cloud Services

Stratoscale Acquires Database-As-A-Service Provider Tesora And Announces Availability of Relational Database Service to Accelerate Delivery of Cloud Services

Febuary 06, 2017 – Stratoscale, the cloud infrastructure company that delivers an AWS-region within the data center, today announced it acquired Cambridge, MA-based Tesora, a privately held database-as-a-service (DBaaS) provider that fulfills the promise of DBaaS from any public, private or hybrid cloud computing platform.
In addition, Stratoscale announced the availability of a fully-managed and AWS-compatible relational database service (RDS), offering a single-click deployment and seamless scalability, while removing operational friction.

Tesora’s team and DBaaS platform augments and enhances Stratoscale’s capabilities in delivering database services for an on-prem AWS region, addressing … Read More

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    Upland Acquires Document Capture Software Leader Omtool to Enhance its Workflow Automation Portfolio

Upland Acquires Document Capture Software Leader Omtool to Enhance its Workflow Automation Portfolio

Bowen Advisors Serves as M&A Advisor to Omtool

BOSTON, January 18, 2017 – Bowen Advisors is pleased to announce that Omtool, an Andover, Massachusetts-based provider of enterprise document capture and workflow software solutions, has been acquired by Upland Software (Nasdaq: UPLD), a leader in cloud-based enterprise work management software. With a deal team led by Bob Cronin, John Emery and Chris Dubyak, Bowen Advisors acted as exclusive sellside M&A advisor to Omtool.

Omtool’s industry-leading AccuRoute® platform enables secure document process automation for customers that include some of the world’s largest financial institutions, … Read More

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    HID Global Acquires Real-Time Location Systems Leader Bluvision to Enhance its Internet of Things Offerings

HID Global Acquires Real-Time Location Systems Leader Bluvision to Enhance its Internet of Things Offerings

Bowen Advisors Serves as M&A Advisor to Bluvision

BOSTON, December 8, 2016 – Bowen Advisors is pleased to announce that its client Bluvision Inc., a provider of real-time asset tracking and monitoring solutions for the enterprise Internet of Things (IoT) market, has been acquired by HID Global, a worldwide leader in trusted identity solutions and a subsidiary of ASSA ABLOY Group (STO: AAY.ST). With a team led by John Emery and Kevin Hawkins, Bowen Advisors acted as the exclusive sellside M&A advisor to Bluvision.

Bluvision’s industry-leading beacon solutions and cloud management platform for asset tracking, … Read More

BroadSoft Acquires Intellinote

Bowen Advisors Serves as M&A Advisor to BroadSoft

BOSTON, June 8, 2016 – Bowen Advisors is pleased to announce that BroadSoft, a global unified communication software as a service (UCaaS) provider, has acquired Intellinote, an enterprise messaging-based team communication and collaboration software application built for the increasingly mobile and millennial workforce.

The acquisition advances BroadSoft’s vision for Project Tempo, an open communications framework that enables team collaboration and productivity by integrating popular enterprise cloud applications with contextual intelligence and real-time unified communications services provided by BroadSoft UC-One.

Bowen Advisors has advised BroadSoft on a … Read More

Nokia Acquires Access Security Software Leader Nakina

Bowen Advisors Serves as M&A Advisor to Nakina

BOSTON, April 6, 2016 – Bowen Advisors is pleased to announce that its client Nakina Systems, a provider of security and orchestration software for virtual and hybrid networks, has been acquired by Nokia Corporation (NYSE: NOK). With a team led by John Emery, Bowen Advisors acted as the exclusive sellside M&A advisor to Ottawa, Canada-based Nakina.

Nakina’s industry-leading access security solutions further reinforce Nokia’s strong position in security software for service providers at a time when these companies are rapidly bolstering defenses to cope with the … Read More

BroadSoft Acquires Transera

Bowen Advisors Serves as M&A Advisor to BroadSoft

BOSTON, February 17, 2016 – Bowen Advisors is pleased to announce that BroadSoft, a global unified communication software as a service (UCaaS) provider, has acquired Transera, a leading provider of cloud-based contact center software for SMBs and large enterprises.

The acquisition positions BroadSoft to lead the fast-growing Contact Center as a Service (CCaaS) market, while enabling service providers to offer a comprehensive cloud contact center portfolio with minimal new investments, rapid time-to-market, and seamless integration with BroadSoft’s BroadWorks and BroadCloud solutions.

Bowen Advisors has advised BroadSoft on a … Read More

ADVA Acquires Overture Networks

Bowen Advisors Serves as M&A Advisor to Overture

BOSTON, January 26, 2016 – Bowen Advisors is pleased to announce that Overture Networks, provider of the award-winning Ensemble suite of control and orchestration solutions for virtual network systems and headquartered in Research Triangle Park, NC, has been acquired by Munich-based ADVA Optical Networking (Xetra: ADV). Bowen Advisors acted as the exclusive sellside M&A advisor to Overture.

Click here for ADVA’s press release.

“When we first started working with Bowen Advisors in the spring of 2014, very few people outside of Overture knew about our cloud, virtualization, and software driven … Read More

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    Descartes Acquires Oz Development to Strengthen eCommerce Fulfillment Capabilities

Descartes Acquires Oz Development to Strengthen eCommerce Fulfillment Capabilities

Bowen Advisors Serves as M&A Advisor to Oz

BOSTON, December 1, 2015 – Bowen Advisors is pleased to announce that Oz Development, Inc. (Oz), a leading provider of cloud-delivered application and data integration solutions for SMBs, has been acquired by Descartes Systems Group (Nasdaq: DSGX; TSX: DSG). Bowen Advisors acted as the exclusive sellside M&A advisor to Oz.

For over 10 years, Oz has been helping a growing SMB community connect to, and integrate with, leading ERP, CRM, eCommerce and supply chain platforms. Oz’s strong relationships with key SMB channel partners, such as UPS and … Read More

BroadSoft Acquires PBXL

Bowen Advisors Serves as M&A Advisor to BroadSoft

BOSTON, November 19, 2015 – Bowen Advisors is pleased to announce that BroadSoft, the leading provider of cloud software and services that enable mobile, fixed-line and cable service providers to offer Unified Communications over their IP networks, has acquired Tokyo-headquartered PBXL, a provider of innovative cloud-based communication solutions.

The purchase of PBXL enables BroadSoft to expand its BroadCloud footprint and meet growing business demand in Japan. By leveraging BroadSoft’s and PBXL’s expertise delivering hosted UC services, service providers will be able to target an underserved Japanese market … Read More

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    Evolving Systems Acquires Sixth Sense Media for Mobile Marketing Leadership

Evolving Systems Acquires Sixth Sense Media for Mobile Marketing Leadership

Bowen Advisors Serves as M&A Advisor to Sixth Sense Media

BOSTON, October 6, 2015 – Bowen Advisors is pleased to announce that Sixth Sense Media, a leading provider of real-time mobile marketing and analytics software headquartered in Durham, North Carolina, has been acquired by Evolving Systems (NasdaqCM: EVOL), a leader in activation, enablement and management of services for connected mobile devices worldwide. With a team led by Paul Johnson, Bowen Advisors acted as the sole financial advisor to Sixth Sense Media and principal shareholder Second Alpha Partners, a New York-based investor in growth … Read More