Pender & Acorn Acquire Four Software Companies from Pluribus Technologies

October 11, 2024

Pender Growth Fund Inc., together with Acorn Partners Inc., completed the acquisition of four technology subsidiaries from Pluribus Technologies for aggregate cash consideration of C$17.0 million. The businesses — POWR Inc., Rowanwood Professional Services Ltd., Cranham Haig Ltd. (CHL Software / DocMoto) and Assured Software Ltd. — will be held under a newly formed, majority-owned holding company, Pender Software Holdings Ltd., and continue to be led by their existing management teams.

Buyers
Pender Growth Fund Inc., Acorn Partners Inc., Pender Software Holdings Ltd.
Targets
POWR Inc., Rowanwood Professional Services Ltd., Cranham Haig Ltd. (CHL Software / DocMoto), Assured Software Ltd.
Sellers
Pluribus Technologies Corp., Pluribus Technologies Canada Inc.
Platforms
Pender Software Holdings Ltd.
Industry
Software
Location
California, United States
Transaction Type
Divestiture

Explore More

Related Acquisitions

Track M&A activity that matters to you

Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.