Upland Software Acquires Objectif Lune
January 10, 2022
Upland Software (Nasdaq: UPLD) has acquired Objectif Lune Inc., an enterprise software provider for document composition and business communication automation, expanding Upland's document workflow product library. The deal was funded with $29.0 million in cash at closing plus a $5.3 million cash holdback; Upland expects at least $13.0 million of annual revenue (including ~$12.0 million recurring) and meaningful Adjusted EBITDA contribution post-integration.
- Buyers
- Upland Software, Inc.
- Targets
- Objectif Lune Inc.
- Industry
- Software
- Location
- Quebec, Canada
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Upland Software Acquires Omtool
January 11, 2017
Software
Upland Software (Nasdaq: UPLD) acquired Omtool, a document capture, fax and workflow solutions provider, for $19.2 million (net of cash). The acquisition adds capture, security and compliance capabilities to Upland’s enterprise work management portfolio, is expected to be immediately accretive to Adjusted EBITDA, and supports Upland’s vertical presence in financial services, legal and healthcare.
-
Upland Software Acquires Panviva
June 24, 2021
Cloud & SaaS
Upland Software, Inc. (Nasdaq: UPLD) has acquired Panviva Pty Ltd, a cloud-based enterprise knowledge-management (KM) provider, to expand Upland’s knowledge-guided customer service and contact-center offerings. The deal was funded with $19.8 million cash at closing plus a $3.5 million cash holdback; Panviva is expected to contribute approximately $7.5 million of recurring annual revenue and the transaction led Upland to raise its 2021 guidance.
-
Upland Software Acquires BA Insight
February 24, 2022
Software
Upland Software, a publicly traded provider of cloud-based knowledge and content management software, has acquired BA Insight, a provider of enterprise search solutions. The acquisition (approximately $33.4M cash plus a $0.6M holdback) expands Upland's knowledge management portfolio by adding enterprise search and AI-driven search capabilities and is expected to be immediately accretive to Adjusted EBITDA.
-
Accenture Acquires Objectivity
May 9, 2023
IT Services
Accenture has agreed to acquire Objectivity, a Coventry-headquartered digital engineering firm that specializes in cloud and platform development services. The acquisition expands Accenture's platform engineering and cloud-native capabilities across the UK, Poland, Germany and Mauritius; terms were not disclosed.
-
HGGC Makes $115M Strategic Equity Investment in Upland Software
July 14, 2022
Software
HGGC has agreed to purchase $115 million of convertible preferred stock in Upland Software to provide incremental capital and strategic support. The investment is intended to fund M&A opportunities and strengthen Upland's go-to-market capabilities while giving HGGC board representation.
-
Litera Acquires Objective Manager
July 1, 2021
Cloud & SaaS
Litera has acquired UK-based Objective Manager, a multi-tenant SaaS strategic planning and performance platform for the legal market. The acquisition adds performance management and talent-alignment capabilities to Litera’s legal technology suite and supports Objective Manager’s expansion into the North American market.
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.