Tech Company M&A Transactions
Bolo Systems Acquisition
Bolo Systems, based in Lakewood, was acquired by Wellpoint Systems. The transaction price was $22.8 million.
Transaction Overview
Company Name
Acquired By
Announced On
8/21/2007
Transaction Type
M&A
Amount
$22,800,000
M&A Terms
The acquisition was paid for with a combination of cash and stock.
Company Information
Company Status
Acquired or Merged
Industry
Software
Mailing Address
12596 W. Bayaud Ave. 400
Lakewood, CO 80228
USA
Lakewood, CO 80228
USA
Phone
Website
Email Address
Overview
The company's multi-tiered software solutions and services are used to manage the numerous complex transactions resulting from petroleum exploration and production. The Bolo integrated back office system includes accounting, land/lease management, production, document management, and regulatory reporting solutions.
Management Team
Browse more venture capital transactions:
Prev: 8/20/2007: eBureau venture capital transaction
Next: 8/21/2007: SelectMinds venture capital transaction
Share this article
About Our Venture Capital Transactions Database
We do our best to report on every notable VC transaction. VC investment data records on this site are sourced from a variety of public sources. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs