IFS Acquires Ultimo Software Solutions
July 6, 2022
IFS has signed a definitive agreement to acquire Ultimo Software Solutions, a Netherlands-based provider of cloud Enterprise Asset Management (EAM) software. The purchase adds Ultimo’s fast-to-deploy, configurable SaaS EAM point solution and ~180 employees to IFS’s IFS Cloud EAM portfolio, strengthening IFS’s end-to-end and point-solution capabilities; the deal is expected to close in Q3 2022.
- Buyers
- IFS
- Targets
- Ultimo Software Solutions
- Industry
- Cloud & SaaS
- Location
- Netherlands
- Transaction Type
- Buyout
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