Springbrook Software Acquires MAGIQ Software

October 4, 2021

Springbrook Software, a cloud-based ERP provider for local governments and backed by Accel-KKR, has acquired New Zealand-based MAGIQ Software to expand its product capabilities and global footprint. The deal adds MAGIQ's public sector cloud platform and advanced budgeting, planning, reporting and document management capabilities to Springbrook's Cirrus platform and extends its reach across Australia, New Zealand and the U.S.

Buyers
Springbrook Software, Accel-KKR
Targets
MAGIQ Software
Platforms
Springbrook Software
Industry
Cloud & SaaS
Location
New Zealand
Transaction Type
Addon

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